THE M Y A CHARITABLE TRUST
The charity makes donations to both educational and religious institutions and institutions helping to relieve poverty, as well as to individuals in need of financial and medical aid.
Financial health, per its FY2025 accounts
The accounts state that total unrestricted funds decreased from £1,138,985 to £1,031,259 due to a net movement in funds of £(107,726). The charity reported total income of £87,571 against charitable expenditure of £195,015, resulting in a deficit for the year. The trustees confirmed the charity has adequate resources to continue in operational existence on a going concern basis.
What the accounts disclose
“The charity aims to have sufficient reserves to support its investment objectives and finance its charitable commitments.” — page 4
“At the year end the charity owed Starbeam Estates Ltd, a company under the control of one of the trustees £140,000 (2024 - £140,000).” — page 15
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/04/2025 | £88k | £195k |
| 30/04/2024 | £91k | £261k |
| 30/04/2023 | £227k | £326k |
| 30/04/2022 | £190k | £816k |
| 30/04/2021 | £105k | £280k |
Common questions
Is THE M Y A CHARITABLE TRUST financially healthy?
Per its FY2025 accounts: The accounts state that total unrestricted funds decreased from £1,138,985 to £1,031,259 due to a net movement in funds of £(107,726). The charity reported total income of £87,571 against charitable expenditure of £195,015, resulting in a deficit for the year. The trustees confirmed the charity has adequate resources to continue in operational existence on a going concern basis. Its FY2025 accounts were independently examined.