THE JOHN MACLEOD CHARITABLE TRUST
Financial health, per its FY2024 accounts
The accounts state that unrestricted funds total £1,513,340, with free reserves reported at £820,823, though only £994 was immediately available due to HMRC delays. The charity holds significant endowment assets of £2,952,715 and reports no material uncertainties regarding its going concern status. The trustees note that they see no need for a specific reserves policy, aiming to distribute incoming resources within a reasonable time span.
What the accounts disclose
“The trustees have made a loan to LiveStrata Ltd, a company in which Mr. John MacLeod is the sole director and shareholder. No beneficial terms have been offered and Mr MacLeod was excluded from any relevant meetings at which the loan was discussed and terms agreed.” — page 11
“The Robin MacLeod Charitable Trust is a related charity with related, immediate family trustees to those of this charity.” — page 11
“The trustees have made a loan to LiveStrata Ltd, a company in which Mr. John MacLeod is the sole director and shareholder. No beneficial terms have been offered and Mr MacLeod was excluded from any relevant meetings at which the loan was discussed and terms agreed.” — page 11
“The Robin MacLeod Charitable Trust is a related charity with related, immediate family trustees to those of this charity.” — page 11
Structured financials (annual return, FY ending 31/01/2022)
Trustees
- John James MacLeodchair
- Hannah Gabrielle Fay MacLeod
- Nimesh Dilip Patel
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/01/2025 | £226k | £1.1m |
| 31/01/2024 | £320k | £162k |
| 31/01/2023 | £301k | £102k |
| 31/01/2022 | £1.2m | £308k |
Common questions
Is THE JOHN MACLEOD CHARITABLE TRUST financially healthy?
The accounts state that unrestricted funds total £1,513,340, with free reserves reported at £820,823, though only £994 was immediately available due to HMRC delays. The charity holds significant endowment assets of £2,952,715 and reports no material uncertainties regarding its going concern status. The trustees note that they see no need for a specific reserves policy, aiming to distribute incoming resources within a reasonable time span. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| CHELSEA ACADEMY FOUNDATION | 1 | £70k |
| HABITAT FOR HUMANITY GREAT BRITAIN | 1 | £40k |
| THE CHRISTOPHER LAING FOUNDATION | 1 | £15k |
| THE KIRBY LAING FOUNDATION | 1 | £5k |