MCTIMONEY TRUST
THE ADVANCEMENT OF EDUCATION AND TRAINING IN CHIROPRACTIC AND SUPPORT OF CLINICS PROVIDING SUBSIDISED COST TREATMENT FOR PUBLIC BENEFIT
Objects
(I) THE ADVANCEMENT OF EDUCATION IN THE SCIENCE/TECHNIQUE OF CHIROPRACTIC AS APPLIED TO HUMANS AND MUSCULO-SKELETAL MANIPULATION AS APPLIED TO VERTEBRATE ANIMALS (THE PARTICULAR TECHNIQUE USED IS KNOWN AS THE MCTIMONEY TECHNIQUE) THROUGH THE PROVISION OF, AND ACCESS TO, TRAINING AND EDUCATION FOR THOSE SEEKING ASSOCIATED CAREERS IN HEALTH CARE.(II) THE PROVISION FOR THE PUBLIC BENEFIT OF HEALTH CHECKS AND SUBSIDISED CLINICS, WITH A VIEW TO THE PROMOTION, PRESERVATION AND PROTECTION OF GOOD HEALTH.
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.
What the accounts disclose
“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).”
“The trustees donated goods in the year with estimated value of £465 (2024: £1,268) these are included in note 3.” — page 18
“Company Subsidiary undertaking: McTimoney College Services Limited”
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Engaging external speakers at charity events policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
Trustees
- Dr Kevin GRANTchair
- Dr Christina Rudd
- Vicky Stone
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 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.