MCS Foundation
Latest income
£165k
Latest spending
£132k
Registered
2020
Accounts read
FY2025
Financial health, per its FY2025 accounts
The accounts state that the charity holds no reserves, relying solely on its current bank balance of £103,043. Gross income for the period was £165,273, derived entirely from a payment by MCS Rental Software. The charity's expenditure totaled £132,190, resulting in a net surplus for the year.
What the accounts disclose
Related-party transaction: MCS Rental Software pays 10% of profits to the charity; Richard van der Knaap is major shareholder.
“The MCS Foundation is funded by Richard van der Knaap and/or MCS Rental Software Ltd (a UK company) Richard is the major shareholder of MCS Rental Software ltd and has committed to pay 10% of the company’s profits after corporation to the Foundation.” — page 2
Per its FY2025 accounts as filed with the Charity Commission.
Trustees
- Cherry Bachchair
- Guy van der Knaap
- Miriam van der Knaap
- Mona van der Knaap
- richard van der Knaap
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £165k | £132k |
| 31/03/2024 | £120k | £83k |
| 31/03/2023 | £90k | £63k |
| 31/03/2022 | £45k | £30k |
| 31/03/2021 | £21k | £20k |
Common questions
Is MCS Foundation financially healthy?
The accounts state that the charity holds no reserves, relying solely on its current bank balance of £103,043. Gross income for the period was £165,273, derived entirely from a payment by MCS Rental Software. The charity's expenditure totaled £132,190, resulting in a net surplus for the year. Its FY2025 accounts were independently examined.
Who funds MCS Foundation?
Funders whose own accounts filings name MCS Foundation as a grant recipient include WAR ON WANT.
Known funders
| Funder | Year | Amount |
|---|---|---|
| WAR ON WANT | FY2024 | £18k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE GRAND CHARITY | 1 | £6.6m |
| NORTHUMBERLAND MASONIC CHARITY ASSOCIATION | 1 | £275k |
| Leicestershire and Rutland Freemasons' Charity (LRFC) | 1 | £187k |
| THE AURORA TRUST | 1 | £50k |
| THE WARWICKSHIRE MASONIC CHARITABLE ASSOCIATION LIMITED | 1 | £40k |
| ATTEND | 1 | £10k |