HOSPITAL OF ST MARY MAGDALEN
Financial health, per its FY2024 accounts
The accounts state that expenditure exceeded income by £21,278 during the year, resulting in a closing unrestricted cash balance of £73,539. The trustees consider this balance sufficient to fund ongoing activities, supported by a substantial non-permanent endowment fund of £580,498. The charity also holds a permanent endowment fund valued at £2,754,221.
What the accounts disclose
Funders the charity credits
Trustees
- Andrew Gordon Barfield
- Andrew Gordon Barfield
- Christine Ann Cook
- Christine Ann Cook
- Ian Charles Marshall
- Ian Charles Marshall
- JULIE SEPHTON
- JULIE SEPHTON
- TARA JANE FOX
- TARA JANE FOX
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 12/12/2024 | £134k | £155k |
| 12/12/2023 | £105k | £85k |
| 12/12/2022 | £69k | £76k |
| 12/12/2021 | £74k | £59k |
| 12/12/2020 | £68k | £74k |
Common questions
Is HOSPITAL OF ST MARY MAGDALEN financially healthy?
The accounts state that expenditure exceeded income by £21,278 during the year, resulting in a closing unrestricted cash balance of £73,539. The trustees consider this balance sufficient to fund ongoing activities, supported by a substantial non-permanent endowment fund of £580,498. The charity also holds a permanent endowment fund valued at £2,754,221. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE HEADLEY TRUST | 1 | £100k |
| THE GEOFF & FIONA SQUIRE FOUNDATION | 1 | £5k |
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