MERCHANT TAYLORS' CONSOLIDATED CHARITIES FOR THE POOR
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves stood at £750,310, which is above the Trustees' stated policy target range of £51,000 to £255,000 for liquid unrestricted funds. However, the Trustees note that liquid cash was actually in a deficit of £30,087 due to an inadvertent over-donation of rental income, a situation they intend to rectify by reducing future donations. The charity holds significant endowment assets valued at £5,694,946 and reports no material uncertainties regarding its ability to continue as a going concern.
What the accounts disclose
“The Trustees’ policy is therefore that the Charity should hold up to five years’ unfunded expenditure. This equates to a range of £51,000 to £255,000 in liquid unrestricted funds.” — page 5
“Bradestrete Services Limited, a connected party, incurred and recharged administration, establishment and management expenses during the year to this Trust amounting to £37,386 (2024: £37,672). The Trustees are all members of the Merchant Taylors' Company, which administers this Trust through its subsidiary Bradestrete Services Limited.” — page 23
Register events
- Received assets from another charity (20/08/2020)
- Received assets from another charity (20/08/2020)
Trustees
- David Jackson
- RUPERT JAMES AVENON BULL
- Rev Ralph Godsall
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/07/2025 | £435k | £436k |
| 31/07/2024 | £458k | £518k |
| 31/07/2023 | £439k | £371k |
| 31/07/2022 | £440k | £345k |
| 31/07/2021 | £468k | £14.8m |
Common questions
Is MERCHANT TAYLORS' CONSOLIDATED CHARITIES FOR THE POOR financially healthy?
The accounts state that unrestricted reserves stood at £750,310, which is above the Trustees' stated policy target range of £51,000 to £255,000 for liquid unrestricted funds. However, the Trustees note that liquid cash was actually in a deficit of £30,087 due to an inadvertent over-donation of rental income, a situation they intend to rectify by reducing future donations. The charity holds significant endowment assets valued at £5,694,946 and reports no material uncertainties regarding its ability to continue as a going concern. Its FY2025 accounts were audited by Saffery LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| ZOREYA TZEDOKOS | 1 | £312k |
| MERCHANT TAYLORS' EDUCATIONAL TRUST | 1 | £96k |
| THREE PILLARS TRUST | 1 | £40k |