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THE MICKLEGATE ECCLESIASTICAL TRUST

Registered charity 1197460 · accounts filings on the Charity Commission register · repeated filing default (register status)

Latest income
£199k
Latest spending
£320k
Registered
2022
Accounts read
FY2022

Financial health, per its FY2022 accounts

The accounts state that the charity reported a surplus of £85,609 for the year, driven by a significant property revaluation gain of £352,350 which offset a net loss on investment funds of £228,984. Free reserves stood at £824,693, which the trustees consider sufficient to fund the charity's objects, although this represents a decrease from the previous year's £997,450.

What the accounts disclose

Reserves policy: £100,000 (held: £825k)
“the Charity will keep a minimum of £50,000 in immediately accessible cash balances to act as a general reserve. An additional £50,000 will also be similarly set aside to fund any unexpected requirement”
Per its FY2022 accounts as filed with the Charity Commission.
Related-party transaction: Grants to Holy Trinity Micklegate PCC
“During the year, grants were made to Holy Trinity Micklegate PCC (three trustees are also trustees of this charity) of £87,804” — page 19
“and TCS Enterprises (2021: £600) during the year, of which a director is a trustee of the charity.”
Per its FY2022 accounts as filed with the Charity Commission.
Related-party transaction: Payments to TCS Enterprises
“During the year, grants were made to Holy Trinity Micklegate PCC (three trustees are also trustees of this charity) of £87,804” — page 19
“and TCS Enterprises (2021: £600) during the year, of which a director is a trustee of the charity.”
Per its FY2022 accounts as filed with the Charity Commission.
Related-party transaction: Service charge costs to Trinity Court (York) Management Co Ltd
“During the year, grants were made to Holy Trinity Micklegate PCC (three trustees are also trustees of this charity) of £87,804” — page 19
“and TCS Enterprises (2021: £600) during the year, of which a director is a trustee of the charity.”
Per its FY2022 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit).

Charity Commission inquiry

Per the Commission’s published report. Summary is automated; the official report is authoritative.

Register events

Trustees

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

Operates in: City Of York

Income and spending

Financial year endIncomeSpending
31/12/2024——
31/12/2023——
31/12/2022£199k£320k

Common questions

Is THE MICKLEGATE ECCLESIASTICAL TRUST financially healthy?

The accounts state that the charity reported a surplus of £85,609 for the year, driven by a significant property revaluation gain of £352,350 which offset a net loss on investment funds of £228,984. Free reserves stood at £824,693, which the trustees consider sufficient to fund the charity's objects, although this represents a decrease from the previous year's £997,450. Its FY2022 accounts were independently examined.

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