Charity Accounts Intelreading the accounts so you don’t have to

LEAGUE OF FRIENDS MUSGROVE PARK HOSPITAL

Registered charity 250797 · accounts filings on the Charity Commission register · also known as LEAGUE OF FRIENDS OF THE TAUNTON HOSPITALS

Latest income
£1.5m
Latest spending
£969k
Registered
1967
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that unrestricted reserves stood at £2,294,358, significantly exceeding the stated policy target of covering annual administration costs and three months of staffing costs for the trading subsidiary. The charity reported a net incoming resource of £526,594 for the year, driven largely by a substantial increase in legacy income, resulting in a strong financial position with adequate resources to continue as a going concern.

What the accounts disclose

Reserves policy: annual administration costs and any contractually committed expenditure plus an emergency operating reserve equivalent to 3 months staffing costs of Hospital Friends (Taunton) Ltd (held: £2.3m)
“Reserves need to cover an amount equivalent to the annual administration costs and any contractually committed expenditure. Additionally the trustees wish to hold an emergency operating reserve equivalent to 3 months staffing costs of Hospital Friends (Taunton) Ltd.” — page 5
Per its FY2025 accounts as filed with the Charity Commission.
Trading subsidiary: Hospital Friends (Taunton) Ltd
“The subsidiary undertaking is Hospital Friends (Taunton) Ltd, a company having a share capital, registered in England and Wales, number 02559526.” — page 4
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Sumer Auditco Limited.

Corporate structure

Public fundraising profile: JustGiving — League of Friends Musgrove Park Hospital (matched by registered charity number).

Leadership, per the charity’s website

Listed on the charity’s own website when we last crawled it; roles may have changed. Pay-band disclosures above are anonymous statutory disclosures and are not attributed to any named individual.

Funders the charity credits

Named as funders/supporters on the charity’s own website (the charity’s claim, distinct from accounts-verified grants).

Structured financials (annual return, FY ending 31/01/2025)

Total income
£1.5m
Total spending
£969k
Cost of raising funds
£618k
Reserves (reported)
£2.3m
Employees
6

Reported reserves equal ~28.3 months of spending — in the top quarter for charities its size (median 4.8 months; benchmarks).

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Somerset

Income and spending

Financial year endIncomeSpending
31/01/2025£1.5m£969k
31/01/2024£627k£2.2m
31/01/2023£1.6m£544k
31/01/2022£764k£457k
31/01/2021£913k£695k

Common questions

Is LEAGUE OF FRIENDS MUSGROVE PARK HOSPITAL financially healthy?

The accounts state that unrestricted reserves stood at £2,294,358, significantly exceeding the stated policy target of covering annual administration costs and three months of staffing costs for the trading subsidiary. The charity reported a net incoming resource of £526,594 for the year, driven largely by a substantial increase in legacy income, resulting in a strong financial position with adequate resources to continue as a going concern. Its FY2025 accounts were audited by Sumer Auditco Limited.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

FunderSimilar charities fundedAmount to them
WHEELER MILL FOUNDATION1£59k
THE PILMUIR ESTATE1£30k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with THE LEAGUE OF FRIENDS OF WEST CORNWALL HOSPITAL.