M J C STONE CHARITABLE TRUST
THE ADVANCEMENT OF EDUCATION, THE RELIEF OF POVERTY, THE PROMOTION OF RELIGIOUS AND SUCH OTHER PUBLIC OBJECTS BEING CHARITABLE AS THE TRUSTEES MAY DECIDE.
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves stood at £1,078,967, an increase from the previous year's £1,019,956. The trustees report a net income of £59,011, driven by investment gains, and confirm that the charity has adequate resources to continue in operational existence for the foreseeable future.
What the accounts disclose
“It is the policy of the charity to maintain unrestricted funds, which are the free reserves of the charity. They provide sufficient funds to cover management, administrative and support costs and to fulfil applications for grants as and when they arise.” — page 4
“In the current year £nil (2023: £5,000) was donated by Charles Stone, trustee of the charity. At 31 December 2024 the balance owed to/from Charles Stone was £nil (2023: £nil). The sum of £1,850 (2023: £1,850) has been included in the accounts for the year ended 31 December 2024 as a contribution to the secretarial, postage, stationery, office rent and other overheads incurred in running the charitable trust. These are payable to a Limited Liability Partnership in which two of the trustees are members. At 31 December 2024 the balance of £3,700 (2023: £1,850) is still outstanding.” — page 16
Structured financials (annual return, FY ending 31/12/2022)
Trustees
- ANDREW STONE
- CHARLES STONE
- LOUISA STONE
- NICOLA JANE FARQUHAR
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £30k | £33k |
| 31/12/2023 | £32k | £90k |
| 31/12/2022 | £750k | £810k |
| 31/12/2021 | £0 | £52k |
| 31/12/2020 | £395k | £65k |
Common questions
Is M J C STONE CHARITABLE TRUST financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted reserves stood at £1,078,967, an increase from the previous year's £1,019,956. The trustees report a net income of £59,011, driven by investment gains, and confirm that the charity has adequate resources to continue in operational existence for the foreseeable future. Its FY2024 accounts were independently examined.