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THE MCGILVRAY CHARITABLE FOUNDATION

Registered charity 1181854 · accounts filings on the Charity Commission register

General charitable purposes. Trust is open to applications. Please submit your application to https://funding.ludlowtrust.com

Causes: General Charitable Purposes · website · Get email alerts

Latest income
£38k
Latest spending
£50k
Registered
2019
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that free reserves were £17,691, down from £24,049 in the previous year, while bank balances stood at £157,065 and investments at £964,489. The trustees pursue a policy of maintaining free reserves to cover future needs, opportunities, contingencies, and risks. The charity made grants totaling £35,000 during the year.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: maintaining a free reserve available to be spent in the furtherance of the charity’s objectives as well as covering future needs, opportunities, contingencies and risks (held: £18k)
“The Trustees pursue a policy of maintaining a free reserve available to be spent in the furtherance of the charity’s objectives as well as covering future needs, opportunities, contingencies and risks.”
Per its FY2025 accounts as filed with the Charity Commission.
Payments to trustees: Ludlow Trust Company Limited (a corporate trustee) received £8,977 for trust administration services. No individual trustees received remuneration.
“No trustee received any remuneration or was reimbursed any expenses in the year under review. Ludlow Trust Company Limited was paid £8,977 for trust administration services during the year under review.”
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Ludlow Trust Company Limited is a corporate trustee and received payment for services.
“Ludlow Trust Company Limited was paid £8,977 for trust administration services during the year under review. These fees are authorized under clause 6 of the trust deed.”
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Throughout England And Wales

Income and spending

Financial year endIncomeSpending
30/01/2025£38k£50k
30/01/2024£25k£42k
30/01/2023£16k£52k
30/01/2022£46k£44k
30/01/2021£174£3k

Common questions

Is THE MCGILVRAY CHARITABLE FOUNDATION financially healthy?

Per its FY2025 accounts: The accounts state that free reserves were £17,691, down from £24,049 in the previous year, while bank balances stood at £157,065 and investments at £964,489. The trustees pursue a policy of maintaining free reserves to cover future needs, opportunities, contingencies, and risks. The charity made grants totaling £35,000 during the year. Its FY2025 accounts were independently examined.