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MILLIMETRES 2 MOUNTAINS FOUNDATION CIO

Registered charity 1188562 · accounts filings on the Charity Commission register · also known as M2M FOUNDATION

Latest income
£306k
Latest spending
£282k
Registered
2020
Accounts read
FY2023

Financial health, per its FY2023 accounts

The accounts state that total income decreased to £190,191 from £259,451 in the prior year, resulting in a net expenditure that reduced unrestricted reserves to £94,413. The trustees report a reserves policy target range of £25,000 to £35,000, noting that current reserves are significantly above this maximum requirement. The trustees confirm adequate resources for going concern with no material uncertainties disclosed.

What the accounts disclose

Reserves policy: £25,000 to £35,000 (held: £94k)
“The Charity has calculated an appropriate reserves range of £25,000 to £35,000” — page 5
Per its FY2023 accounts as filed with the Charity Commission.
Related-party transaction: Donation from trustee
“In 2022 the Charity received a donation from Euan Craig, totalling £50,000.”
“Freya Dawson, a Trustee, is also a director of the Dawson Group. During the year the Charity received sponsorship from the Dawson Group totalling £9,160” — page 20
Per its FY2023 accounts as filed with the Charity Commission.
Related-party transaction: Sponsorship from trustee-connected business
“In 2022 the Charity received a donation from Euan Craig, totalling £50,000.”
“Freya Dawson, a Trustee, is also a director of the Dawson Group. During the year the Charity received sponsorship from the Dawson Group totalling £9,160” — page 20
Per its FY2023 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit).

Public fundraising profile: JustGiving — M2M Foundation (matched by registered charity number).

Trustees

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

Operates in: Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/12/2024£306k£282k
31/12/2023£190k£225k
31/12/2022£259k£186k
31/12/2021£112k£81k
31/12/2020£41k£16k

Common questions

Is MILLIMETRES 2 MOUNTAINS FOUNDATION CIO financially healthy?

The accounts state that total income decreased to £190,191 from £259,451 in the prior year, resulting in a net expenditure that reduced unrestricted reserves to £94,413. The trustees report a reserves policy target range of £25,000 to £35,000, noting that current reserves are significantly above this maximum requirement. The trustees confirm adequate resources for going concern with no material uncertainties disclosed. Its FY2023 accounts were independently examined.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

FunderSimilar charities fundedAmount to them
THE MICHAEL BISHOP FOUNDATION1£142k

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