MAGDALEN HOSPITAL TRUST
Promotes the welfare of children and young people under the age of 25 who suffer from various effects of social deprivation, abuse, mental and physical handicap, inadequate housing, lack of education or training, and the problems derived from unemployment and lone parent families.
Financial health, per its FY2025 accounts
The accounts state that total funds decreased by £7,799 to £827,602 for the year ended 5 April 2025, driven by a net outgoing from unrestricted funds and a slight decrease in restricted funds. The charity holds significant unrestricted investments valued at £814,398, providing substantial asset backing despite the current year deficit. Per the trustees' report, the charity is an unincorporated entity with no office and relies on grant income and investment returns to support its charitable activities.
What the accounts disclose
Trustees
- Rev ROBERT HUGH MITCHELL MAchair
- DIANA CATHERINE LAZENBY MCLAREN
- LEO WOOD
- Rev Steffan Idris Mano Mathias MA PHD AKC
- THE HON EDWARD WOOD ACA
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £53k | £61k |
| 05/04/2024 | £70k | £60k |
| 05/04/2023 | £22k | £200k |
| 05/04/2022 | £58k | £84k |
| 05/04/2021 | £21k | £38k |
Common questions
Is MAGDALEN HOSPITAL TRUST financially healthy?
Per its FY2025 accounts: The accounts state that total funds decreased by £7,799 to £827,602 for the year ended 5 April 2025, driven by a net outgoing from unrestricted funds and a slight decrease in restricted funds. The charity holds significant unrestricted investments valued at £814,398, providing substantial asset backing despite the current year deficit. Per the trustees' report, the charity is an unincorporated entity with no office and relies on grant income and investment returns to support its charitable activities. Its FY2025 accounts were independently examined.