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Mourne Stimulus Limited

Northern Ireland charity NIC101433 · record on the register of charities in Northern Ireland (CCNI) · accounts PDF · all Northern Ireland charities

Latest income
£702k
Latest spending
—
Accounts read
FY2025

Website: www.mournestimulus.com

Financial health, per FY2025 accounts

The accounts state that the charity made a net incoming resource of £113,233 for the year, resulting in total funds of £621,055. The trustees report that the charitable company remains in a sound financial position and has no free reserves, holding £112,115 in designated funds to meet emergencies. The auditor confirmed the financial statements give a true and fair view with no material uncertainties regarding going concern.

What the accounts disclose

Reserves position: below the charity's own stated policy
“The charitable company has no free reserves at the year end. The Directors believe that it is prudent to work towards holding 6 months funding. The main reason for holding reserves is to ensure that the charity has enough resources to fund the programmes it is supporting and to meet any emergencies that may arise. For this purpose the charitable company is holding £112,115 in designated funds (2024: £112,115).” — page 2
Per FY2025 accounts as filed with CCNI.
Employees paid over £60,000: 0
Per FY2025 accounts as filed with CCNI.
Independent examiner: Cooper Parry Audit (Ireland) Ltd
Per FY2025 accounts as filed with CCNI.
Register data and accounts from the Charity Commission for Northern Ireland, used under the Open Government Licence. Automated analysis; the filed accounts are authoritative.