At a glance
Total income: £3,847,000
Total spent: £3,991,000 *
*Mildmay drew on its reserves to cover the £144,000 difference this year.
Essential support costs
and fundraising
Staff, systems, governance, compliance and fundraising costs
£1,590,000
Total resources expended: £3,991,000
* International programme costs are currently included within our clinical and support cost figures rather than reported as their own line.
Incoming resources
Donations, grants and legacies
£299,000
Income for providing our services
£3,522,000
Investments and interest income
£12,000
Other income
£14,000
Total incoming resources
£3,847,000
Resources expended
Costs of raising funds
£67,000
UK residential healthcare
£2,401,000
Support costs (staff and direct costs)
£1,523,000
International programmes†
-
Total resources expended
£3,991,000
†The figures above match our statutory accounts exactly; a few line labels have been simplified into standard sector terms for clarity.
Money was sent to fund our work in Uganda throughout the year, and we're working to report international programmes as a distinct total in future accounts, reflecting the two divisions of Mildmay's work: our UK hospital and our international programmes. Costs for individual Uganda programmes, including the Universal Fund and our Partner-led Project Fund, are set out on their own pages.
Annual Trustees' Report and Accounts
Year ending March 31, 2025
Previous trustees' annual reports and accounts are available on the Charity Commission website.
Mildmay on the Charity Commission website
A note on accountability and transparency
Our Trustees oversee all financial decisions and we publish our annual report and audited accounts each year. These set out clearly how income is received and how it is spent.
Charity finances can sometimes reflect the timing of grants, programme development and restricted funding. In some cases, income received for a particular purpose may be deployed over more than one financial year in line with project planning and regulatory requirements.
We are continually strengthening our internal reporting processes to ensure that our accounts clearly reflect the allocation and delivery of both our UK and international work.
Want to support our work? Visit the donate page.