MOBBS MEMORIAL TRUST LIMITED
Financial health, per its FY2024 accounts
The accounts state that the charity is funded mainly from investment income, which amounted to £115,205, while charitable expenditure totaled £161,341. The net movement in funds was a gain of £158,823, resulting in total unrestricted reserves of £3,816,741. The trustees consider there to be no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“It is the policy of the charitable company to maintain endowment funds, which are the free reserves of the charitable company, at a level which will enable it to continue to financially assist charitable organisations in the same way that it has been doing since it was set up.” — page 5
Corporate structure
- Registered company of the charity Companies House 00571785
Trustees
- SANDRA GREENSLADEchair
- ALEXANDER MOBBS
- WILL GREENSLADE
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £115k | £163k |
| 31/12/2023 | £112k | £141k |
| 31/12/2022 | £109k | £158k |
| 31/12/2021 | £105k | £170k |
| 31/12/2020 | £86k | £66k |
Common questions
Is MOBBS MEMORIAL TRUST LIMITED financially healthy?
The accounts state that the charity is funded mainly from investment income, which amounted to £115,205, while charitable expenditure totaled £161,341. The net movement in funds was a gain of £158,823, resulting in total unrestricted reserves of £3,816,741. The trustees consider there to be no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THIRTY PERCY FOUNDATION | 1 | £220k |
| GOWER STREET | 1 | £24k |
| THE A TEAM FOUNDATION LIMITED | 1 | £20k |
| BROADMEAD COMMUNITY CHURCH | 1 | £15k |