THE MULBERRY HOUSE MINISTRY TRUST
Financial health, per its FY2022 accounts
The accounts state that the charity holds no reserves, relying instead on trustees to cover cashflow shortfalls from personal funds. Per the trustees' report, adjustments to staffing were made to reduce operating costs, yet the charity remains in a significant net liability position of £437,794. The going concern basis relies on continued financial support from trustees and creditors.
What the accounts disclose
“The charity doesn't hold its own reserves as the trustees have committed to meet shortfalls in monthly cashflow requirements from their own personal funds” — page 3
Trustees
- ANN JACQUELINE GEORGE
- Hannah Ashworth
- Simon George
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £118k | £119k |
| 31/12/2023 | £178k | £132k |
| 31/12/2022 | £145k | £141k |
| 31/12/2021 | £142k | £142k |
| 31/12/2020 | £128k | £171k |
Common questions
Is THE MULBERRY HOUSE MINISTRY TRUST financially healthy?
The accounts state that the charity holds no reserves, relying instead on trustees to cover cashflow shortfalls from personal funds. Per the trustees' report, adjustments to staffing were made to reduce operating costs, yet the charity remains in a significant net liability position of £437,794. The going concern basis relies on continued financial support from trustees and creditors. Its FY2022 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| OYY LUBAVITCH BOYS SCHOOL | 1 | £121k |
| YAD VEACHISOMOCH L'CHAIM | 1 | £62k |
| M AND L COHEN CHARITABLE TRUST | 1 | £19k |
| THE ROZAC CHARITABLE TRUST | 1 | £9k |