M AND C TRUST
Financial health, per its FY2025 accounts
The accounts state that the charity holds unrestricted reserves of £1,174, which is significantly lower than its total net assets of £4,486,643, the majority of which are held in expendable endowment funds. The trustees report a net loss of £186,604 for the year, driven by investment revaluations, but confirm there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“During the year the trust incurred fees of £11,520 (2024: £18,224) for legal services payable to Cripps LLP. Victoria Fairley is a partner in that firm.” — page 11
Trustees
- ELIZABETH MARKS
- Matthew Bernstein
- RACHEL JANE LEBUS
- Victoria Jane Fairley
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £116k | £232k |
| 05/04/2024 | £121k | £222k |
| 05/04/2023 | £117k | £228k |
| 05/04/2022 | £164k | £206k |
| 05/04/2021 | £139k | £184k |
Common questions
Is M AND C TRUST financially healthy?
The accounts state that the charity holds unrestricted reserves of £1,174, which is significantly lower than its total net assets of £4,486,643, the majority of which are held in expendable endowment funds. The trustees report a net loss of £186,604 for the year, driven by investment revaluations, but confirm there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| C E K STERN CHARITABLE TRUST | 1 | £35k |