THE LORD MAYOR'S 800TH ANNIVERSARY AWARDS TRUST
Grants are made to young people, from all walks of life, aged between 17 and 24 for education in its widest sense including travel, adventure and special training. Priority is given to applicants with connections with the City of London.
Financial health, per its FY2024 accounts
The accounts state that the charity reported an operating deficit on unrestricted income and expenditure of £38,124 for the year ended 31 December 2024. Per the trustees' report, this deficit resulted from awarding grants that utilized unrestricted income held from previous years, while total funds decreased in value to £1,746,354. The trustees maintain that the charity has adequate resources to continue in operational existence for the foreseeable future.
What the accounts disclose
Trustees
- Alderman Professor Michael Raymond Mainelli Ch FCSIchair
- ALASTAIR COLLETT LLB
- Andrew Paul Cooper
- Elizabeth Corrin
- JOHN BENNETT MBE
- MAGGIE DONNELLY
- Nicholas Royle
- Professor Ian David Lockhart Bogle
- SIMON D'OLIER DUCKWORTH OBE DL VR
- Shahnan Bakth
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £57k | £95k |
| 31/12/2023 | £61k | £81k |
| 31/12/2022 | £76k | £65k |
| 31/12/2021 | £65k | £37k |
| 31/12/2020 | £60k | £19k |
Common questions
Is THE LORD MAYOR'S 800TH ANNIVERSARY AWARDS TRUST financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported an operating deficit on unrestricted income and expenditure of £38,124 for the year ended 31 December 2024. Per the trustees' report, this deficit resulted from awarding grants that utilized unrestricted income held from previous years, while total funds decreased in value to £1,746,354. The trustees maintain that the charity has adequate resources to continue in operational existence for the foreseeable future. Its FY2024 accounts were independently examined.