M7 EDUCATION
Provide workshops, activities and educational programs to those from an under privileged or disadvantaged background.
Financial health, per its FY2024 accounts
The accounts state that the charity ended the period with negative unrestricted reserves of £10,829, having spent £152,474 against incoming resources of £103,359. The trustees report that the charity is a going concern and that reserves are considered minimal because commitments are only made after funding is received.
What the accounts disclose
“The income consists of donations in the year.” — page 9
“There are currently negative £10,829 in the reserves as at the period end 1 November 2024.” — page 11
“Mr N Minter received £36,000 as a wage from the charity, for the work undertaken in the year.” — page 11
“In the year the charity received £47,618 donations from Mintertainment Limited, and £5,584 donations from M7E Community Interest Company, these are businesses associated with Mr S Minter” — page 11
“Mr N Minter received £36,000 as a wage from the charity, for the work undertaken in the year.” — page 11
“In the year the charity received £47,618 donations from Mintertainment Limited, and £5,584 donations from M7E Community Interest Company, these are businesses associated with Mr S Minter” — page 11
“Mr N Minter received £36,000 as a wage from the charity, for the work undertaken in the year.” — page 11
Trustees
- Simon Minterchair
- Harry Borovick
- Peter Minter
- Silvanna Quy
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 01/11/2025 | £447k | £342k |
| 01/11/2024 | £103k | £152k |
| 01/11/2023 | £120k | £90k |
| 01/11/2022 | £85k | £77k |
| 01/11/2021 | £0 | £0 |
Common questions
Is M7 EDUCATION financially healthy?
Per its FY2024 accounts: The accounts state that the charity ended the period with negative unrestricted reserves of £10,829, having spent £152,474 against incoming resources of £103,359. The trustees report that the charity is a going concern and that reserves are considered minimal because commitments are only made after funding is received. Its FY2024 accounts were independently examined.