EAST LANCASHIRE MARK BENEVOLENT FUND LIMITED
Financial health, per its FY2025 accounts
The charity reported a net income of £97,551 for the year ended 31 March 2025, resulting in total unrestricted funds of £3,463,681. The trustees maintain unrestricted cash at bank of £56,785, which they state is in line with their reserves policy target of approximately £50,000. The accounts were prepared on a going concern basis with no material uncertainties identified by the auditors.
What the accounts disclose
“the trustees believe it is appropriate to maintain unrestricted funds in the order of £50,000 to meet planned refurbishment of the properties, any immediate maintenance costs and to meet the promises of charitable‘donations.” — page 5
“On legal advice, the trustees submitted a Serious Incident Report to the Charity Commission who have indicated that they are satisfied that the trustees have identified an error and acted appropriately to remedy it.” — page 6
Trustees
- John Andrew Christian Porterchair
- IAN SIMON PAUL
- Michael Colin
- Roger Fielding
- Stephen William Bolton
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £236k | £149k |
| 31/03/2024 | £226k | £171k |
| 31/03/2023 | £222k | £232k |
| 31/03/2022 | £199k | £163k |
| 31/03/2021 | £178k | £147k |
Common questions
Is EAST LANCASHIRE MARK BENEVOLENT FUND LIMITED financially healthy?
The charity reported a net income of £97,551 for the year ended 31 March 2025, resulting in total unrestricted funds of £3,463,681. The trustees maintain unrestricted cash at bank of £56,785, which they state is in line with their reserves policy target of approximately £50,000. The accounts were prepared on a going concern basis with no material uncertainties identified by the auditors. Its FY2025 accounts were audited by P B Syddall & Co.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE BOLTON GUILD OF HELP | 1 | £4k |