THE MERCHANT VENTURERS CHARITY
THE AIM OF THE CHARITY IS TO ENHANCE THE QUALITY OF LIFE FOR ALL, PARTICULARLY THE YOUNG, AGED AND DISADVANTAGED; TO PROMOTE LEARNING AND THE ACQUISITION OF SKILLS BY SUPPORTING EDUCATION; TO ACTIVELY SUPPORT COMMUNITY ACTIVITY AND TO HELP PRESERVE THE OPEN SPACES AND HERITAGE FOR WHICH THE MERCHANT VENTURERS ARE RESPONSIBLE.
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves were £6,277,256 at year-end, which is in surplus compared to the stated policy target of six months' unrestricted expenditure (£213,255). The charity reported a net decrease in funds of £54,183 for the year, driven by charitable expenditure exceeding incoming resources, though it maintains significant cash reserves to meet liabilities.
What the accounts disclose
“The charity incurred a reallocation of salary costs of £13,354 (2023: £12,432) from the Society of Merchant Venturers, to cover the services it provides in relation to the management and administration of the charity, of which £nil was outstanding at the year-end (2023: £nil). The charity’s Trustee is also the Trustee of MVCIP.” — page 31
“Seven members of the Society of Merchant Venturers are also Directors of Clifton Down Charitable Trust Limited. For details of donations paid to Clifton Down Charitable Trust Limited see note 2.”
“The charity incurred a reallocation of salary costs of £13,354 (2023: £12,432) from the Society of Merchant Venturers, to cover the services it provides in relation to the management and administration of the charity, of which £nil was outstanding at the year-end (2023: £nil). The charity’s Trustee is also the Trustee of MVCIP.” — page 31
“Seven members of the Society of Merchant Venturers are also Directors of Clifton Down Charitable Trust Limited. For details of donations paid to Clifton Down Charitable Trust Limited see note 2.”
Structured financials (annual return, FY ending 31/12/2022)
Register events
- Received assets from another charity (17/10/2022)
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £447k | £506k |
| 31/12/2023 | £441k | £447k |
| 31/12/2022 | £527k | £452k |
| 31/12/2021 | £407k | £365k |
| 31/12/2020 | £391k | £657k |
Common questions
Is THE MERCHANT VENTURERS CHARITY financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted reserves were £6,277,256 at year-end, which is in surplus compared to the stated policy target of six months' unrestricted expenditure (£213,255). The charity reported a net decrease in funds of £54,183 for the year, driven by charitable expenditure exceeding incoming resources, though it maintains significant cash reserves to meet liabilities. Its FY2024 accounts were audited by Bishop Fleming LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE CORPORATION OF TRINITY HOUSE OF DEPTFORD STROND | 1 | £46k |
| THE VIRGIN MONEY FOUNDATION | 1 | £30k |
| THE GROCERS' CHARITY | 1 | £5k |
Charities like this
- TRUST PROPERTY ADMINISTERED IN CONNECTION WITH THE COMPANY OF THE MERCHANT ADVENTURERS OF THE CITY OF YORK
- SHREE VISHWAKARMA ASSOCIATION OF UNITED KINGDOM
- NHANCED COMMUNITIES
- VENDQUOT LIMITED
- MERCHANT TAYLORS' EDUCATIONAL TRUST
- MERCHANT NAVY WELFARE BOARD
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE MERCHANT VENTURERS CHARITY | £447k | — | 0 | above | — | no doubt |
| TRUST PROPERTY ADMINISTERED IN CONNECTION WITH THE COMPANY OF THE MERCHANT ADVENTURERS OF THE CITY OF YORK | £847k | £70,000 - £80,000 | 1 | unclear | — | no doubt |
| SHREE VISHWAKARMA ASSOCIATION OF UNITED KINGDOM | £104k | — | 0 | below | — | no doubt |
| NHANCED COMMUNITIES | £182k | — | 0 | unclear | — | no doubt |
| VENDQUOT LIMITED | £187k | — | 0 | above | — | no doubt |
| MERCHANT TAYLORS' EDUCATIONAL TRUST | £336k | — | 0 | below | — | no doubt |