MOUNTSORREL RELIEF IN NEED CHARITY
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.
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.
What the accounts disclose
“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
“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
“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
Policies the charity declares
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
Trustees
- Benjamin Evan Davies
- Elizabeth Helen Thompson
- Elizabeth Mary Blackshaw
- Geoffrey Wainwright
- Jayne Elizabeth Ilett
- MEGAN PIRT
- Michelle Amy Hought
- Nicola Louise Liquorish
- Paul Albert Harris
- Penelope Jane Maguire
- Rev Colin Ernst Resch
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 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.