The Merchant Company Endowments Trust
Latest income
£922k
Latest spending
£789k
Accounts read
FY2025
Financial health, per FY2025 accounts
The accounts state that unrestricted reserves of £21,050,709 were held at the year end, which the trustees confirmed were sufficient to cover regular commitments and charitable disbursements, fitting their stated reserves policy. The charity reported a net expenditure of £104,122 after investment gains, supported by a strong cash position and adequate resources to continue as a going concern.
What the accounts disclose
Related-party transaction: Donation from subsidiary MCET Ltd
“The Trust’s subsidiary, MCET Limited, donated funds of £338,520 (2023: £194,075) during the year. The amount due to the Trust at the year end and included within debtors was £100,528 (2023: £100,528).” — page 26
Per FY2025 accounts as filed with OSCR.