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

THE MILLICHOPE FOUNDATION

Registered charity 282357 · accounts filings on the Charity Commission register

Latest income
£520k
Latest spending
£644k
Registered
1981
Accounts read
FY2023

Financial health, per its FY2023 accounts

The accounts state that unrestricted funds totalled £7,981,992, representing a decrease from the previous year's £8,037,482. The charity reported a net expenditure of £55,490 for the year, driven by charitable donations of £247,402 against incoming resources of £497,525. The trustees confirmed that reserves are at a satisfactory level and sufficient to meet committed donations.

What the accounts disclose

Reserves policy: satisfactory level / high level (held: £8.0m)
“The charity's reserves are currently standing at a satisfactory level. The trustees consider that maintaining the reserves at a high level will best meet the objects of the charity as this should generate sufficient income which will be available for distribution to other charitable organisations.” — page 3
Per its FY2023 accounts as filed with the Charity Commission.

Accounts audited by D.R.E. & Co. (Audit) Limited.

Structured financials (annual return, FY ending 05/04/2025)

Total income
£520k
Total spending
£644k
Cost of raising funds
£61k
Reserves (reported)
£8.2m
Employees
0

Reported reserves equal ~152.5 months of spending — in the top quarter for charities its size (median 5.2 months; benchmarks).

Trustees

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

Operates in: Shropshire

Income and spending

Financial year endIncomeSpending
05/04/2025£520k£644k
05/04/2024£381k£466k
05/04/2023£498k£318k
05/04/2022£499k£273k
05/04/2021£415k£451k

Common questions

Is THE MILLICHOPE FOUNDATION financially healthy?

The accounts state that unrestricted funds totalled £7,981,992, representing a decrease from the previous year's £8,037,482. The charity reported a net expenditure of £55,490 for the year, driven by charitable donations of £247,402 against incoming resources of £497,525. The trustees confirmed that reserves are at a satisfactory level and sufficient to meet committed donations. Its FY2023 accounts were audited by D.R.E. & Co. (Audit) 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
THE FRANK JACKSON FOUNDATION1£85k
THE PARGITER TRUST1£80k
ST EDMUNDS TRUST1£21k
THE FRANCIS WINHAM FOUNDATION1£10k
PAUL AND LOUISE COOKE ENDOWMENT1£5k
THE LESLIE MARY CARTER CHARITABLE TRUST1£5k
THE AIM FOUNDATION1£3k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with THE MILLBY FOUNDATION.