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THE MERCHANT TAYLORS' BOONE'S CHARITY

Registered charity 214262 · accounts filings on the Charity Commission register · also known as CHRISTOPHER BOONE'S CHARITY (MERCHANT TAYLORS' COMPANY)

Provide almshouse accommodation, to give assistance to the elderly of Lewisham

Causes: Accommodation/housing · website · Get email alerts

Latest income
£2.0m
Latest spending
£1.5m
Registered
1963
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the Charity operated at a surplus before losses on investments of £445,292 for the year ended 31 July 2025. The Charity holds unrestricted undesignated funds of £9,054,908, which significantly exceeds its stated reserves policy target of £500,000. The auditors confirmed that there are no material uncertainties related to the Charity's ability to continue as a going concern.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: £500,000 (held: £9.1m)
“The Trustee’s policy is to maintain £500,000 in cash in the bank, from its liquid funds freely available for spending on any of the Charity’s purposes (ie, in unrestricted and undesignated funds).” — page 8
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Bradestrete Services Limited, a connected party, incurred administration, establishment and management expenses during the year on behalf of the Charity.
“Administration, establishment and management expenses incurred on behalf of the Charity by : - Bradestrete Services Limited £211,616 (2024: £207,360)” — page 31
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Saffery LLP. Discloses 5 of 6 completeness components.

Leadership, per the charity’s website

Listed on the charity’s own website when we last crawled it; roles may have changed. Pay-band disclosures above are anonymous statutory disclosures and are not attributed to any named individual.

Structured financials (annual return, FY ending 31/07/2025)

Total income
£15.3m
Total spending
£1.5m
Cost of raising funds
£784k
Reserves (reported)
£500k
Employees
0

Reported reserves equal ~4.0 months of spending — below the median for charities its size (median 4.8 months; benchmarks).

Per its annual return, largest income source: Investments (97% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 5.1% of total income — below the median for charities its size (5.2%) (benchmarks).

Trustees · trustee networks

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

Operates in: Greenwich · Lewisham

Income and spending

Financial year endIncomeSpending
31/07/2025£2.0m£1.5m
31/07/2024£2.0m£1.4m
31/07/2023£1.9m£1.7m
31/07/2022£1.7m£1.3m
31/07/2021£980k£414k

Common questions

Is THE MERCHANT TAYLORS' BOONE'S CHARITY financially healthy?

Per its FY2025 accounts: The accounts state that the Charity operated at a surplus before losses on investments of £445,292 for the year ended 31 July 2025. The Charity holds unrestricted undesignated funds of £9,054,908, which significantly exceeds its stated reserves policy target of £500,000. The auditors confirmed that there are no material uncertainties related to the Charity's ability to continue as a going concern. Its FY2025 accounts were audited by Saffery LLP.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

FunderSimilar charities fundedAmount to them
MERCHANT TAYLORS' EDUCATIONAL TRUST1£450k
THE EDWARD CADBURY CHARITABLE TRUST1£10k
The Merchant Taylors' Foundation1£7k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with MERCHANT TAYLORS' CONSOLIDATED CHARITIES FOR THE POOR.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
THE MERCHANT TAYLORS' BOONE'S CHARITY£2.0m—0unclear—no doubt
MERCHANT TAYLORS' CONSOLIDATED CHARITIES FOR THE POOR FY2025£435k—0unclear—no doubt
THE JAMES LLOYD ALMSHOUSES FY2025£233k—0above—no doubt
LEWISHAM RELIEF IN NEED CHARITY FY2025£175k——unclear—no doubt
MERCHANT TAYLORS' EDUCATIONAL TRUST FY2025£336k—0below—no doubt
MERCHANT TAYLORS SCHOOL FY2025£31.8m——unclear80.0%no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.