THE MERCHANT TAYLORS' BOONE'S CHARITY
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.
What the accounts disclose
“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
“Administration, establishment and management expenses incurred on behalf of the Charity by : - Bradestrete Services Limited £211,616 (2024: £207,360)” — page 31
Leadership, per the charity’s website
- Sir William Worsley Bt DL — Master
- Mrs Jane Hall — First Upper Warden
- Mr Robert-Jan Temmink KC — Second Upper Warden
- Mr Michael Cole-Fontayn — Upper Renter Warden
- The Hon Richard Newall — Under Renter Warden
Structured financials (annual return, FY ending 31/07/2025)
Trustees
- THE MERCHANT TAYLORS' AND CHRISTOPHER BOONE'S ALMSHOUSES CHARITY
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 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?
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.