MORE HOUSE TRUST LTD
Latest income
£3.3m
Latest spending
£3.7m
Registered
1969
Accounts read
FY2023
Financial health, per its FY2023 accounts
The accounts state that the charity reported an overall deficit for the year, with unrestricted funds decreasing to £499,300. The trustees confirm that resources are adequate to meet known obligations and that no material uncertainties exist regarding the charity's ability to continue as a going concern.
What the accounts disclose
Reserves position: below the charity's own stated reserves policy
“The target set by the Governors that at least one term's income should be kept as a general reserve has not been met at 31 August 2023 due to the impact of various challenges including the COVID-19 pandemic and lower pupil numbers in recent years resulting in operating deficit.” — page 10
Per its FY2023 accounts as filed with the Charity Commission.
Leadership, per the charity’s website
- Mr I Bogle — Chair
Structured financials (annual return, FY ending 31/08/2025)
Total income
£3.3m
Total spending
£3.7m
Cost of raising funds
£47k
Reserves (reported)
£0
Employees
35
Trustees
- Ian Boglechair
- JAMES FYFE BA
- KEVIN LAKE
- MRS SUE SHALE BA FCA
- Marian Doyle
- SUSAN MEADOWS
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £3.3m | £3.7m |
| 31/08/2024 | £3.1m | £3.5m |
| 31/08/2023 | £3.0m | £3.4m |
| 31/08/2022 | £3.2m | £3.6m |
| 31/07/2021 | £3.2m | £3.5m |
Common questions
Is MORE HOUSE TRUST LTD financially healthy?
The accounts state that the charity reported an overall deficit for the year, with unrestricted funds decreasing to £499,300. The trustees confirm that resources are adequate to meet known obligations and that no material uncertainties exist regarding the charity's ability to continue as a going concern. Its FY2023 accounts were audited by Azets Audit Services.