MARJORIE COOTE OLD PEOPLES CHARITY FUND
Financial health, per its FY2025 accounts
The accounts state that total funds carried forward are £3,506,512, comprising £238,804 in unrestricted reserves and £3,267,708 in endowment funds. The Trustees consider the overall finances to be sound and note that there are no material uncertainties regarding going concern. Unrestricted reserves decreased from £254,153 to £238,804 during the year.
What the accounts disclose
“The Trustees consider it to be prudent to hold reserves of this order partly so that the level of grants in the immediate future can be sustained in the event of any unforeseen fall in incoming resources and partly to enable the Trustees to make one or more particularly substantial grants without prejudicing the normal pattern of grant making.”
“The charity paid £30,000 (2024: £25,000) to St Luke's Hospice of which Lady Neill DL is President.” — page 17
“The charity paid £25,000 (2024: £23,000) to Age UK Sheffield of which Mr N J A Hutton MBE is President.” — page 17
“The charity paid £30,000 (2024: £25,000) to St Luke's Hospice of which Lady Neill DL is President.” — page 17
“The charity paid £25,000 (2024: £23,000) to Age UK Sheffield of which Mr N J A Hutton MBE is President.” — page 17
“The charity paid £30,000 (2024: £25,000) to St Luke's Hospice of which Lady Neill DL is President.” — page 17
“The charity paid £25,000 (2024: £23,000) to Age UK Sheffield of which Mr N J A Hutton MBE is President.” — page 17
Trustees
- Dr CAROLINE JANE LAWRENSON
- James Michael Gerard Neill ACA
- LADY NEILL DL
- MR NJA HUTTON MBE
- Penelope Mary Jewitt
- SARAH DOROTHY NEILL
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £165k | £198k |
| 31/03/2024 | £156k | £177k |
| 05/04/2023 | £153k | £164k |
| 05/04/2022 | £143k | £150k |
| 05/04/2021 | £121k | £140k |
Common questions
Is MARJORIE COOTE OLD PEOPLES CHARITY FUND financially healthy?
The accounts state that total funds carried forward are £3,506,512, comprising £238,804 in unrestricted reserves and £3,267,708 in endowment funds. The Trustees consider the overall finances to be sound and note that there are no material uncertainties regarding going concern. Unrestricted reserves decreased from £254,153 to £238,804 during the year. Its FY2025 accounts were independently examined.