MITCHELL CITY OF LONDON EDUCATIONAL FOUNDATION
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net movement in funds of (68,079) due to investment losses, reducing total reserves to 1,457,793. The trustees confirm that reserves are at an appropriate level to maintain the investment portfolio and support charitable expenditure. No material uncertainties or risks to going concern were identified in the filing.
What the accounts disclose
“The level of reserves should be sufficient to support investment in approved securities and the investments should produce income adequate to cover the committed direct charitable expenditure and management and administration of the Charity.” — page 5
“The Educational Foundation received income of £75,283 (2024: £63,613) from the Mitchell City of London Charity during the year. Every year investment income from the Charity is used to resource the Educational Foundation.” — page 11
Trustees
- Abimbola Jubril Anthony
- Christopher Rossi
- Dan Rogers
- Dr Sarah Ann Filson
- Elizabeth Anne King
- Emma Martin
- GAVIN DOUGLAS LEWIS RALSTON
- Helen Mulcahy
- IAN CHRISTOPHER NORMAN Seaton MBE
- Lauren Roberts
- Marcus Huntley
- Marianne Bernadette Fredericks
- PAMELA BEEVERS BA, MA
- Susan Jane Pearson
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £117k | £115k |
| 31/03/2024 | £105k | £114k |
| 31/03/2023 | £76k | £112k |
| 31/03/2022 | £141k | £96k |
| 31/03/2021 | £78k | £84k |
Common questions
Is MITCHELL CITY OF LONDON EDUCATIONAL FOUNDATION financially healthy?
The accounts state that the charity reported a net movement in funds of (68,079) due to investment losses, reducing total reserves to 1,457,793. The trustees confirm that reserves are at an appropriate level to maintain the investment portfolio and support charitable expenditure. No material uncertainties or risks to going concern were identified in the filing. Its FY2025 accounts were independently examined.