NOTTINGHAM MUNICIPAL CHARITIES
To apply income in relieving either generally or individually persons resident in the City of Nottingham who are in need, hardship or distress;To provide interest free loans of up to £10,000 for persons over the age of 18 years, who are resident within the City of Nottingham, for the purposes of trade or business: andApplication of monies received for the benefit of Nottingham High School
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves stood at £200,788, which the trustees consider adequate to cover running costs and fund new loans. The charity reported a net incoming resource of £2,835 for the year, with total net assets increasing to £216,273. The trustees confirmed that resources are adequate to continue in business.
What the accounts disclose
“The unrestricted income funds represent reserves to cover the charity’s running costs, to generate income to permit donations to be made, and to fund new loans. The Trustees review the level of the income funds annually, to ensure that they are adequate, but not excessive.” — page 4
Trustees
- John Ashton
- LEROY MICHAEL PAYNE
- Richard Nowell FCA
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £323k | £320k |
| 31/12/2023 | £303k | £303k |
| 31/12/2022 | £276k | £276k |
| 31/12/2021 | £263k | £262k |
| 31/12/2020 | £259k | £267k |
Common questions
Is NOTTINGHAM MUNICIPAL CHARITIES financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted reserves stood at £200,788, which the trustees consider adequate to cover running costs and fund new loans. The charity reported a net incoming resource of £2,835 for the year, with total net assets increasing to £216,273. The trustees confirmed that resources are adequate to continue in business. Its FY2024 accounts were independently examined.
Charities like this
- NOTTINGHAM COMMUNITY ALMSHOUSE CHARITY
- JAMIAT AHL-E-HADITH NOTTINGHAM
- NOTTINGHAM J CARE
- THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARGARET'S, ASPLEY NOTTINGHAM
- THE UNITED CHARITIES OF ABEL COLLIN
- CITY OF NOTTINGHAM HISTORIC BUILDINGS LIMITED
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| NOTTINGHAM MUNICIPAL CHARITIES | £323k | — | 0 | unclear | — | no doubt |
| NOTTINGHAM COMMUNITY ALMSHOUSE CHARITY | £917k | — | 0 | unclear | — | no doubt |
| JAMIAT AHL-E-HADITH NOTTINGHAM | £161k | — | 0 | above | — | no doubt |
| NOTTINGHAM J CARE | £111k | — | 0 | unclear | — | no doubt |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARGARET'S, ASPLEY NOTTINGHAM | £132k | — | 0 | below | — | no doubt |
| THE UNITED CHARITIES OF ABEL COLLIN | £525k | — | 0 | above | — | no doubt |