THE MICHAELSEN FOUNDATION
The purpose of the Michaelsen Foundation is to advance such charitable purposes as the trustees see fit from time to time.
Objects
THE OBJECTS OF THE CHARITY ('THE OBJECTS') ARE:TO ADVANCE SUCH CHARITABLE PURPOSES (ACCORDING TO THE LAW OF ENGLAND AND WALES) AS THE TRUSTEES SEE FIT FROM TIME TO TIME.
Financial health, per its FY2025 accounts
The accounts state that the charity held unrestricted reserves of £8,852 at the end of the period, having received £100,000 in income and spent £91,148 on charitable activities. The trustees report that reserves are maintained to meet day-to-day running costs and confirm the charity has adequate resources to continue in operational existence.
What the accounts disclose
“Reserves are maintained at a level to ensure they are sufficient to meet the day to day running costs of the Charity.” — page 4
Trustees
- Allan Michaelsenchair
- Julie Sophie Michaelsen Haley
- Laura Cathrine Viaccoz-Michaelsen
- Philip Michaelsen
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 07/03/2025 | £100k | £91k |
Common questions
Is THE MICHAELSEN FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that the charity held unrestricted reserves of £8,852 at the end of the period, having received £100,000 in income and spent £91,148 on charitable activities. The trustees report that reserves are maintained to meet day-to-day running costs and confirm the charity has adequate resources to continue in operational existence. Its FY2025 accounts were independently examined.