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MOUNTSORREL EDUCATIONAL FUND

Registered charity 527912 · accounts filings on the Charity Commission register · listed website unreachable when last crawled

Latest income
£152k
Latest spending
£200k
Registered
1963
Accounts read
FY2023

Financial health, per its FY2023 accounts

The accounts state that the charity reported a net deficit of £26,197 for the year ended 31 December 2023, resulting in a decrease in total funds from £362,973 to £336,776. The trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern. The charity's reserves policy targets maintaining funds equivalent to approximately one year's unrestricted management administration and support costs.

What the accounts disclose

Reserves policy: approximately one year's unrestricted management administration and support costs (held: £337k)
“It is the Policy of the Charity to maintain funds that are free reserves of the Charity, at a level that equates to approximately one year's unrestricted management administration and support costs.” — page 6
Per its FY2023 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit).

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Leicestershire

Income and spending

Financial year endIncomeSpending
31/12/2025£152k£200k
31/12/2024£91k£210k
31/12/2023£171k£197k
31/12/2022£241k£166k
31/12/2021£162k£123k

Common questions

Is MOUNTSORREL EDUCATIONAL FUND financially healthy?

The accounts state that the charity reported a net deficit of £26,197 for the year ended 31 December 2023, resulting in a decrease in total funds from £362,973 to £336,776. The trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern. The charity's reserves policy targets maintaining funds equivalent to approximately one year's unrestricted management administration and support costs. Its FY2023 accounts were independently examined.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

FunderSimilar charities fundedAmount to them
THE PALOMA FOUNDATION1£300k
THE CROSS TRUST1£50k

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