MOUNTSORREL RELIEF IN NEED CHARITY

Registered charity 217615 · accounts filings on the Charity Commission register · also known as Mountsorrel Community Support Fund

Addressing poverty, hardship and distress by providing items and services to Mountsorrel residents when they are most in need.

Objects

TO RELIEVE EITHER GENERALLY OR INDIVIDUALLY PERSONS RESIDENT IN THE AREA OF BENEFIT WHO ARE IN CONDITIONS OF NEED, HARDSHIP OR DISTRESS.

Area of benefit: PARISH OF MOUNTSORREL

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

Causes: The Prevention Or Relief Of Poverty · Grant history (this charity is a funder) · website · Get email alerts

Latest income
£146k
Latest spending
£200k
Registered
1977
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity incurred a net deficit of £54,838 for the year, resulting in total assets falling to £68,389. The trustees report that free reserves of £52,691 had fallen below the stated policy target, prompting a review of grant-making to restore reserves. Despite the deficit, the trustees confirm there are no material uncertainties regarding 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

Largest income source: Mountsorrel United Charities (99% of income)
“The Relief in Need Charity’s principal source of income is Mountsorrel United Charities. The charity is entitled to receive one-third of the income of the Mountsorrel United Charities (after expenses) each year.” — page 9
Per its FY2025 accounts as filed with the Charity Commission.
Reserves position: below the charity's own stated reserves policy (held: £53k; policy: approximately one year’s unrestricted management, administration and support costs, together with an additional reserve to enable the charities to continue grant-making at a typical level in the event of a sudden reduction in income. The target level of reserves for grant-making purposes is approximately 6 months for individual grants and one year for organisational grants.)
“At the year-end, the charities’ reserves had fallen below the target level and the trustees agreed in December to review their grant-making framework with a view to reducing grants expenditure the following year.” — page 10
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: The Trustees of Mountsorrel Relief in Need Charity and the Charity of Hugh Phipps were the same as for Mountsorrel United Charities throughout the reporting period.
“Related party transactions The Trustees of Mountsorrel Relief in Need Charity and the Charity of Hugh Phipps were the same as for Mountsorrel United Charities throughout the reporting period. Mountsorrel Relief in Need Charity is entitled to one third of the income received by Mountsorrel United Charities, which is paid over quarterly. During the year, Mountsorrel United Charities allocated Mountsorrel Relief in Need Charity investment income of £145,000 (2024: £73,006). At the balance sheet date the amount due to Mountsorrel United Charities was £160 (2024: £1,145). ” — page 24
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 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.

Public profiles (found on the charity’s own website): facebook · instagram

Trustees · trustee networks

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

Operates in: Leicestershire

Income and spending

Financial year endIncomeSpending
31/12/2025£146k£200k
31/12/2024£74k£182k
31/12/2023£106k£197k
31/12/2022£247k£209k
31/12/2021£225k£149k

Common questions

Is MOUNTSORREL RELIEF IN NEED CHARITY financially healthy?

Per its FY2025 accounts: The accounts state that the charity incurred a net deficit of £54,838 for the year, resulting in total assets falling to £68,389. The trustees report that free reserves of £52,691 had fallen below the stated policy target, prompting a review of grant-making to restore reserves. Despite the deficit, the trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were independently examined.