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.
Objects
PROMOTING THE WELFARE OF YOUNG PERSONS WHO ARE EXPOSED TO MORAL DANGER OR ARE PREVENTED BY REASON OF MENTAL OR BODILY DISEASE OR INFIRMITY OR OTHER INCAPACITY OR ANY OTHER CIRCUMSTANCES FROM PROVIDING FOR THEMSELVES OR THEIR CHILDREN PROPER ACCOMODATION, MAINTENANCE OR TRAINING. (FOR FURTHER DETAILS SEE CLAUSE 22 OF THE SCHEME).
Financial health, per its FY2026 accounts
The accounts state that total funds increased from £827,602 to £910,559 during the year, driven by a net incoming resource of £82,957. The charity holds unrestricted reserves of £1,677 and restricted reserves of £912,236, with significant investment assets valued at £878,224. The trustees report that the charity is an unincorporated entity with no office and manages funds to balance long-term growth with current needs.
What the accounts disclose
Policies the charity declares
- Internal charity financial controls policy and procedures
- Investing charity funds policy and procedures
- Investment
- Trustee expenses policy and procedures
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 |
|---|---|---|
| 05/04/2026 | £153k | £70k |
| 05/04/2025 | £53k | £61k |
| 05/04/2024 | £70k | £60k |
| 05/04/2023 | £22k | £200k |
| 05/04/2022 | £58k | £84k |
Common questions
Is MAGDALEN HOSPITAL TRUST financially healthy?
Per its FY2026 accounts: The accounts state that total funds increased from £827,602 to £910,559 during the year, driven by a net incoming resource of £82,957. The charity holds unrestricted reserves of £1,677 and restricted reserves of £912,236, with significant investment assets valued at £878,224. The trustees report that the charity is an unincorporated entity with no office and manages funds to balance long-term growth with current needs. Its FY2026 accounts were independently examined.