Mickel Fund
Latest income
£132k
Latest spending
£190k
Accounts read
FY2025
Financial health, per FY2025 accounts
The accounts state that unrestricted reserves stood at £4,377,956, which is significantly above the stated policy target of £15,000 held to cover governance and support costs. The trustees consider operations to be satisfactory and note that investment income and donation income are generally in line with the level of grants made, indicating stable incoming resources.
What the accounts disclose
Related-party transaction: One Trustee is also a Trustee of Mercy Corps Europe Limited. During the year, £10,000 (2024 £5,000) of grants were awarded to Mercy Corps Europe Limited
“One Trustee is also a Trustee of Mercy Corps Europe Limited. During the year, £10,000 (2024 £5,000) of grants were awarded to Mercy Corps Europe Limited” — page 18
Per FY2025 accounts as filed with OSCR.