THE LADY MICO TRUST
The objects of the Lady Mico Trust are to give support, over and above that available from the Government of Jamaica, to Mico University College in Kingston, Jamaica, and more generally to assist the education of young persons resident in Commonwealth countries of the West Indies, having regard in all of this to promotion of education in the Christian faith.
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves stood at £210,621, which the Trustees do not consider excessive against their policy to maintain funds in excess of likely support requests. The charity reported a net incoming resource of £47,831 for the year, with total net assets increasing to £1,882,051. The Trustees consider the state of finances to be sound.
What the accounts disclose
“Investment income 55,687” — page 7
“The Charity aims to maintain unrestricted funds at a level in excess of the likely requests for support by Mico University College in the ensuing year.” — page 4
“Secretary’s fee 2,000” — page 10
Trustees
- Charles D'Arcy Benson
- Dr Steadman Alvin Ridout Fuller
- Harriet Gillian Sutton
- JOSEPH GURNEY BARCLAY
- NICHOLAS FOWELL BUXTON
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £56k | £4k |
| 31/03/2024 | £55k | £4k |
| 31/03/2023 | £56k | £31k |
| 31/03/2022 | £48k | £50k |
| 31/03/2021 | £57k | £56k |
Common questions
Is THE LADY MICO TRUST financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves stood at £210,621, which the Trustees do not consider excessive against their policy to maintain funds in excess of likely support requests. The charity reported a net incoming resource of £47,831 for the year, with total net assets increasing to £1,882,051. The Trustees consider the state of finances to be sound. Its FY2025 accounts were independently examined.