Mutake Accounts 2024-2025
Accounts April 1[st] 2025- March 31[st] 2026
| in | out | |||
|---|---|---|---|---|
| StartngBalance | £3,361.27 | |||
| Income | ||||
| Monthlydonatons | £4165.00 | |||
| One of donatons/Christmas fayre | £663.83 | |||
| Oak Trust (fees) | £1,000.00 | |||
| Cooperatve bank charitable donaton |
£1,000.00 | |||
| Soroptmist Internatonal | £100.00 | |||
| St Austell Table Tennis Charity | £44.00 | |||
| Interest | £22.55 | |||
| Expenditures | ||||
| School fees and uniforms | £5,692.00 | |||
| Grade 7 Prizegivingandgraduaton | £50.00 | |||
| Wix | £129.60 | |||
| Medicaton costs | £203.54 | |||
| Duty and clearance fees for football kits |
£101.27 | |||
| Total | ||||
| £3,631.27 | £6,995.38 | £6176.41 | £4,450.24 | |
Annual Report
Annual Review 2025/26
The 2025/26 financial year was a positive one for the Friends of Mutake School, with income increasing and reserves growing despite continuing rises in education costs. Total income increased to £6,995.38, supported by strong monthly donations, a successful Christmas Fayre, and generous contributions from the Cooperative Bank, Soroptimist International, and St Austell Table Tennis Charity.
The charity's primary expenditure remained school fees and uniforms, which rose to £5,692.00, reflecting increasing educational costs for the young people we support. Additional spending included medication costs, website hosting, graduation celebrations, and import charges for donated football kits.
Unlike previous years, there were no major capital projects, allowing overall expenditure to reduce significantly. As a result, Mutake ended the year with a closing balance of £4,450.24, an increase of £818.97 on the previous year.
We remain proud of the continued impact of the school library project and are grateful to our donors, supporters, and partner organisations. Looking ahead, our priority remains ensuring that every child can access education through the payment of school fees, provision of essential resources, and support for their wider wellbeing.
Mutake continues to provide strong coverage of its core strategic objective of enabling access to education for young people through the provision of school fees, uniforms and learning resources. The charity has strengthened its financial position during the year and successfully broadened its funding base through new grants and charitable partnerships. However, rising school fees remain a significant strategic challenge, and continued work is required to diversify income sources, build reserves and ensure the long-term sustainability of educational support programmes