SIR SAMUEL MICO'S CHARITIES

Registered charity 202629 · accounts filings on the Charity Commission register · also known as SIR SAMUEL MICO CHARITY - ADVANCEMENT IN LIFE, SIR SAMUEL MICO CHARITY - OSMINGTON ESTATE

the advancement of young people in life within the borough of weymouth & portland

Objects

SEE INDIVIDUAL CONSTITUENTS

Area of benefit: FORMER BOROUGH WEYMOUTH AND MELCOMBE REGIS AT 31/03/1974

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: Education/training · website · Get email alerts

Latest income

£63k

Latest spending

£56k

Registered

1962

Accounts read

FY2024

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.

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

What the accounts disclose

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

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

Complaints handling
Complaints policy and procedures
Conflicting interests
Financial reserves policy and procedures
Internal charity financial controls policy and procedures
Investment
Risk management
Safeguarding policy and procedures

Trustees · trustee networks

Gary Richard Hepburnchair · trustee of 6 other charities
David James Swann · trustee of 2 other charities
Dr Eleanor Stafford · trustee of 2 other charities
James Anthony Lees · trustee of 2 other charities
Kevin Gary Vincent · trustee of 1 other charity
Matthew Daniel Stickley · trustee of 2 other charities
Matthew Duggan
Sharon Jane Harrison · trustee of 2 other charities

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

Operates in: Dorset

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.