MARGARET DAVIES CHARITY
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net expenditure of £788,243 for the year, resulting in a decrease in unrestricted funds from £9,319,588 to £8,531,345. The trustees' report notes that the charity has no fundraising capacity and relies on investment income, while maintaining a reserves policy equivalent to six months of income. The independent auditors confirmed that the financial statements give a true and fair view and identified no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“The trustees will maintain a reserve equivalent to six months income in order to meet management and administration expenses as they arise and to be in funds to meet charitable expenditure.” — page 5
“At the year end the charity is owed £360 (2024 £360) from The Vronhaul (Llandinam) Charity.” — page 21
Corporate structure
- Registered company of the charity Companies House 00235589
Structured financials (annual return, FY ending 05/04/2021)
Trustees
- DANIEL DAVIESchair
- Dr DENIS BALSOM
- ELINOR MIRIAM GILBEY
- Edward Alan Rayner
- THOMAS ELLIS WILLIAMS
- ZOE QUICK
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £275k | £298k |
| 05/04/2024 | £280k | £379k |
| 05/04/2023 | £258k | £419k |
| 05/04/2022 | £221k | £311k |
| 05/04/2021 | £1.5m | £323k |
Common questions
Is MARGARET DAVIES CHARITY financially healthy?
The accounts state that the charity reported a net expenditure of £788,243 for the year, resulting in a decrease in unrestricted funds from £9,319,588 to £8,531,345. The trustees' report notes that the charity has no fundraising capacity and relies on investment income, while maintaining a reserves policy equivalent to six months of income. The independent auditors confirmed that the financial statements give a true and fair view and identified no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were audited by D.R.E. & Co. (Audit) Limited.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| YESHIVAS BEIS DOVID | 1 | £208k |
| DEBMAR BENEVOLENT TRUST LIMITED | 1 | £190k |
| BEIS MENACHEM CHABAD LUBAVITCH | 1 | £102k |
| RNH SYNAGOGUE & COLLEGE LTD | 1 | £75k |
| MENDAN LIMITED | 1 | £27k |
| SAYSER DEVELOPMENTS LTD | 1 | £21k |
| YESHIVAS LUBAVITCH MANCHESTER | 1 | £20k |
| S C K CHARITABLE TRUST | 1 | £11k |