THE MILLAR CHARITY FUND
Maintains 8 almshouse flats, with lifts.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net income surplus of £12,896 for the year ended 31 December 2025, with total net assets increasing to £649,893. The trustees confirmed that free reserves of £248,875 exceed their stated policy target of one year's income, and the auditors found no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“The Trustees wish to retain unrestricted funds at a level equivalent to one year's income.” — page 6
“During the year expenditure of £6,198 (2024: £24,481) was recharged from the Hereford Municipal Charity. At the year end £6,198 (2024: £41,957) was due to the charity.” — page 20
Trustees
- POLLY ANDREWSchair
- David Ludwig Howerski
- Denis Brian Wilcox JP
- Elizabeth Foxton
- Hugh Brooks
- Marian Hawkes
- Paul Morris
- Rhianon Robinson
- Susan Boulter
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £53k | £37k |
| 31/12/2024 | £46k | £42k |
| 31/12/2023 | £44k | £35k |
| 31/12/2022 | £40k | £33k |
| 31/12/2021 | £45k | £20k |
Common questions
Is THE MILLAR CHARITY FUND financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net income surplus of £12,896 for the year ended 31 December 2025, with total net assets increasing to £649,893. The trustees confirmed that free reserves of £248,875 exceed their stated policy target of one year's income, and the auditors found no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were audited by Thorne Widgery Accountancy Ltd.