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MEDINA CHARITABLE TRUST

Registered charity 1195516 · accounts filings on the Charity Commission register · also known as MEDINA INSTITUTE

Charitable activities benefitting those in dire need

Causes: Religious Activities · Get email alerts

Latest income
£162k
Latest spending
£244k
Registered
2021
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity generated a deficit of £11,775 for the year, which was met using prior year surpluses. Per the trustees' report, unrestricted reserves stood at £51,678 at year-end, despite a stated policy of not holding reserves but using any surplus for future charitable expenditure.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Largest income source: General Donations (100% of income)
“DURING THE YEAR, THE CHARITY SECURED INCOME OF £161,772 MAINLY BEING GENERAL DONATIONS”
Per its FY2024 accounts as filed with the Charity Commission.
Reserves policy: not to hold any reserves but to use any surplus or reserves for future charitable expenditure (held: £52k)
“THE POLICY OF THE TRUSTEES IS NOT TO HOLD ANY RESERVES BUT TO USE ANY SURPLUS OR RESERVES FOR FUTURE CHARITABLE EXPENDITURE.”
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

Trustees · trustee networks

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

Operates in: Throughout England

Income and spending

Financial year endIncomeSpending
31/12/2024£162k£244k
31/12/2023£236k£602k
31/12/2022£239k£299k

Common questions

Is MEDINA CHARITABLE TRUST financially healthy?

Per its FY2024 accounts: The accounts state that the charity generated a deficit of £11,775 for the year, which was met using prior year surpluses. Per the trustees' report, unrestricted reserves stood at £51,678 at year-end, despite a stated policy of not holding reserves but using any surplus for future charitable expenditure. Its FY2024 accounts were independently examined.