MICHAELHOUSE UK TRUST
Provision of bursaries for school fees to children in need to enable them to attend Michaelhouse.
Objects
TO ADVANCE THE EDUCATION OF CHILDREN IN NEED IN THE AREA OF BENEFIT BY PROVIDING FUNDS TO ENABLE ONE OR MORE OF SUCH CHILDREN TO ATTEND SCHOOL AT MICHAELHOUSE, NATAL, SOUTH AFRICA.
Financial health, per its FY2025 accounts
The Trust reported a surplus of £72,736 for the year ended 31 December 2025, increasing its net assets to £857,770 at historical cost. The accounts are prepared on a receipts and payments basis rather than accruals, and the Trust has committed to future bursary payments of £25,000 to £30,000 in 2026, intended to be funded by investment income.
What the accounts disclose
Trustees
- James Spence Sealy Smythchair
- CHARLES DENTON MULINDER
- Christopher Thomas Lamb
- Graham Rivers-Moore
- RYAN MAREE
- SCOTT WADESON
- Sean Craig Lumley
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £106k | £33k |
| 31/12/2024 | £79k | £37k |
| 31/12/2023 | £35k | £23k |
| 31/12/2022 | £108k | £32k |
| 31/12/2021 | £42k | £26k |
Common questions
Is MICHAELHOUSE UK TRUST financially healthy?
Per its FY2025 accounts: The Trust reported a surplus of £72,736 for the year ended 31 December 2025, increasing its net assets to £857,770 at historical cost. The accounts are prepared on a receipts and payments basis rather than accruals, and the Trust has committed to future bursary payments of £25,000 to £30,000 in 2026, intended to be funded by investment income. Its FY2025 accounts were independently examined.