THE MITCHELL CHARITABLE TRUST
Grant making Trust only
Financial health, per its FY2025 accounts
The accounts state that total unrestricted funds decreased from £1,452,921 to £1,412,055 due to a net expenditure of £40,866, driven by grants totalling £60,915 against income of £42,799. The charity maintains a reserves policy to ensure sufficient income covers annual expenditure and management costs, with current unrestricted funds held at £1,412,055. No material uncertainties affecting the charity's ability to continue as a going concern were identified by the trustees.
What the accounts disclose
“Investment income was received from the portfolio managed by Adam & Co. as investment income of £41,032” — page 4
“It is the policy of the charity to maintain unrestricted funds (free reserves) at a level which, on investment, generates sufficient income to meet annual expenditure and cover management and administration costs and to respond to emergency applications for grants which arise from time to time.” — page 4
Trustees
- ASHLEY MITCHELLchair
- ANTONIA MITCHELL
- ELIZABETH ANN MITCHELL
- KEREN MITCHELL
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £43k | £67k |
| 31/03/2024 | £47k | £335k |
| 31/03/2023 | £42k | £178k |
| 31/03/2022 | £171k | £282k |
| 31/03/2021 | £233k | £189k |
Common questions
Is THE MITCHELL CHARITABLE TRUST financially healthy?
Per its FY2025 accounts: The accounts state that total unrestricted funds decreased from £1,452,921 to £1,412,055 due to a net expenditure of £40,866, driven by grants totalling £60,915 against income of £42,799. The charity maintains a reserves policy to ensure sufficient income covers annual expenditure and management costs, with current unrestricted funds held at £1,412,055. No material uncertainties affecting the charity's ability to continue as a going concern were identified by the trustees. Its FY2025 accounts were independently examined.