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MCTIMONEY TRUST

Registered charity 294750 · accounts filings on the Charity Commission register · also known as MCTIMONEY COLLEGE OF CHIROPRACTIC, THE MCTIMONEY CHIROPRACTIC SCHOOL TRUST

THE ADVANCEMENT OF EDUCATION AND TRAINING IN CHIROPRACTIC AND SUPPORT OF CLINICS PROVIDING SUBSIDISED COST TREATMENT FOR PUBLIC BENEFIT

Causes: Education/training · The Advancement Of Health Or Saving Of Lives · website · Get email alerts

Latest income
£52k
Latest spending
£189k
Registered
1986
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a net loss of £136,840 for the year, driven by charitable expenditure of £189,128 against total income of £52,288. However, unrestricted reserves stood at £1.51 million, significantly exceeding the trustees' policy target of six months' operating costs (approximately £40k). The trustees confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: six months operating costs (approximately £40k) (held: £1.5m)
“To safeguard the core activities in periods of fluctuating income the Trustees have determined to establish unrestricted reserves to cover six months operating costs (approximately £40k).”
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Trustees donated goods
“The trustees donated goods in the year with estimated value of £465 (2024: £1,268) these are included in note 3.” — page 18
Per its FY2025 accounts as filed with the Charity Commission.
Trading subsidiary: McTimoney College Services Limited
“Company Subsidiary undertaking: McTimoney College Services Limited”
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Trustees · trustee networks

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

Operates in: Northern Ireland · Scotland · Throughout England And Wales

Income and spending

Financial year endIncomeSpending
30/06/2025£52k£189k
30/06/2024£54k£135k
30/06/2023£43k£88k
30/06/2022£42k£55k
30/06/2021£99k£75k

Common questions

Is MCTIMONEY TRUST financially healthy?

Per its FY2025 accounts: The accounts state that the charity reported a net loss of £136,840 for the year, driven by charitable expenditure of £189,128 against total income of £52,288. However, unrestricted reserves stood at £1.51 million, significantly exceeding the trustees' policy target of six months' operating costs (approximately £40k). The trustees confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were independently examined.