SIR SAMUEL MICO'S CHARITIES
the advancement of young people in life within the borough of weymouth & portland
Financial health, per its FY2024 accounts
The accounts state that the charity holds unrestricted reserves of £172,316 and expendable endowment funds of £856,888, totaling net assets of £1,029,204. The trustees consider that sufficient funds are held to enable the charity to continue its activities for the foreseeable future. The charity is exempt from statutory audit and underwent an independent examination which reported no material matters of concern.
What the accounts disclose
Trustees
- Gary Richard Hepburnchair
- David James Swann
- Dr Eleanor Stafford
- James Anthony Lees
- Kevin Gary Vincent
- Matthew Daniel Stickley
- Matthew Duggan
- Sharon Jane Harrison
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £63k | £56k |
| 31/12/2023 | £61k | £48k |
| 31/12/2022 | £60k | £52k |
| 31/12/2021 | £55k | £31k |
| 31/12/2020 | £53k | £38k |
Common questions
Is SIR SAMUEL MICO'S CHARITIES financially healthy?
Per its FY2024 accounts: The accounts state that the charity holds unrestricted reserves of £172,316 and expendable endowment funds of £856,888, totaling net assets of £1,029,204. The trustees consider that sufficient funds are held to enable the charity to continue its activities for the foreseeable future. The charity is exempt from statutory audit and underwent an independent examination which reported no material matters of concern. Its FY2024 accounts were independently examined.