somerset nhs foundation trust charitable funds
Activities & Mission
The Charity's objectives are as follows" the trustees shall hold the trust fund upon trust to apply the income, and at their discretion, the capital, for any charitable purpose or purposes relating to the National Health Service mainly in Somerset".
Fundraising
See where Somerset NHS Foundation Trust Charitable Funds is active and find local fundraising opportunities.
Local Authority
Financial Information
Latest Income
£7,260,517
Latest Expenditure
£1,427,099
Financial Efficiency
Program Ratio 14.0%
% of income going directly to charitable activities
Overall Efficiency 71.3%
% of expenditure going to programs (vs overhead)
Administrative Ratio 29.5%
Overhead (fundraising + governance) as % of total expenditure
Latest Financial Breakdown
Income Sources
Donations & Legacies £4,325,267
Charitable Activities £0
Other Trading £127,188
Investments £228,980
Other Income £2,579,082
Expenditure Categories
Charitable Expenditure £1,017,439
Raising Funds £409,660
Governance £11,820
Grants to Institutions £1,005,619
Other Expenditure £0
Financial Trend
Annual Returns
| Financial Year | Income | Expenditure | Charitable Spending | Net Assets | Reserves | Staff |
|---|---|---|---|---|---|---|
| 2024 | £7,260,517 | £1,427,099 | £1,017,439 | £9,125,855 | £7,920,681 | 8 / 30 |
| 2023 | £965,387 | £794,023 | £680,890 | £3,075,670 | £1,888,403 | 0 / 12 |
| 2022 | £841,954 | £846,645 | £719,974 | £2,976,845 | £1,407,986 | 0 / 97 |
| 2021 | £1,668,003 | £1,122,938 | £1,056,287 | £2,816,761 | £821,362 | 0 / 20 |
| 2020 | £736,802 | £746,960 | £660,172 | £1,944,724 | £158,280 | 0 / 19 |
Staff column shows: Employees / Volunteers
Details
Address
The Charitable Funds Accountant
Somerset NHS FT Finance Department
Block B2 South
Level 2
County Hall
The Cres
Somerset NHS FT Finance Department
Block B2 South
Level 2
County Hall
The Cres
Website
www.lovemusgrove.org.ukRegistration Date
24 December 1996
Status
Registered
Registry Information
Organisation Number
1059922
Charity Number
1059922
Trustees
SOMERSET NHS FOUNDATION TRUST
Sectors & Classifications
Also Known As
- TAUNTON AND SOMERSET NHS FOUNDATION TRUST GENERAL CHARITABLE FUNDS
- TAUNTON AND SOMERSET NHS TRUST GENERAL CHARITABLE FUNDS
- LOVE MUSGROVE
- Somerset NHS Charity
- YEOVIL HOSPITAL CHARITY