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35,993 claims
The charity reimbursed trustees £26,276 for expenses in 2025.
During the year the charity re -imbursed £26,276 to 2 Trustees (2024: £25,304 to 3 Trustees) for expenses paid on the charity's behalf in respect of Virtual assistant costs, Insurance, Bitcoin mining fees , and IT subscriptions.
Financial · Stakeholder position · From Momark CIO — annual report and accounts, year ending 31 December 2025, page 16
Support costs are allocated in proportion to direct costs.
Support costs are allocated in proportion to direct costs.
Financial · Procedural statement · From Momark CIO — annual report and accounts, year ending 31 December 2025, page 15
The charity's expenditure on charitable activities increased significantly from £139,314 in 2024 to £181,376 in 2025.
__________ __________ __________ __________ Charitable activities 166,400 14,976 181,376 139,314
Financial · Trend statement · From Momark CIO — annual report and accounts, year ending 31 December 2025, page 14
The charity's expenditure on raising funds increased slightly from £71,837 in 2024 to £70,793 in 2025.
__________ __________ __________ __________ Raising funds 40,842 29,951 70,793 71,837
Financial · Trend statement · From Momark CIO — annual report and accounts, year ending 31 December 2025, page 14
MOMARK CIO's total expenditure increased from £211,151 in 2024 to £252,169 in 2025.
__________ __________ __________ __________ 207,242 44,927 252,169 211,151
Financial · Trend statement · From Momark CIO — annual report and accounts, year ending 31 December 2025, page 14
The valuation of investment properties is based on professional and trustee valuations.
These are stated at their estimated fair values based on both a professional valuation and Trustee’s valuations as disclosed in note 9.
Financial · Procedural statement · From Momark CIO — annual report and accounts, year ending 31 December 2025, page 14
MOMARK CIO's accounting estimates are based on historical experience and expectations of future events.
Accounting estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
Financial · Procedural statement · From Momark CIO — annual report and accounts, year ending 31 December 2025, page 14
MOMARK CIO's financial statements are prepared in accordance with the Charities Act and UK Generally Accepted Accounting Practice.
The financial statements have been prepared in accordance with... the Charities Act 2011 and UK Generally Accepted Accounting Practice.
Financial · Procedural statement · From Momark CIO — annual report and accounts, year ending 31 December 2025, page 10
MOMARK CIO's financial statements are prepared on a going concern basis.
The financial statements have been prepared on a going concern basis under the historical cost convention, modified to include certain items at fair value.
Financial · Procedural statement · From Momark CIO — annual report and accounts, year ending 31 December 2025, page 10
MOMARK CIO's financial statements are examined by an independent examiner to ensure compliance with the Charities Act.
I report on the financial statements of MOMARK CIO for the year ended 31 December 2025, which are set out on pages 8 to 16.
Financial · Procedural statement · From Momark CIO — annual report and accounts, year ending 31 December 2025, page 9
The charity's investments include a property generating rental income and digital assets through Bitcoin mining.
Property. We have one investment property under the management of Nightingale Chancellors... As part of a diversified long-term investment strategy, the charity maintains a modest exposure to digital assets through Bitcoin mining infrastructure hosted by a specialist provider using predominantly renewable energy.
Financial · Observational claim · From Momark CIO — annual report and accounts, year ending 31 December 2025, page 7
MOMARK CIO's financial statements for the year ended December 2025 show a net expenditure of £80,721.
Net expenditure for the year (80,721) (30,840)
Financial · Observational claim · From Momark CIO — annual report and accounts, year ending 31 December 2025, page 10
New trustees receive guidance and information about their duties and responsibilities upon appointment.
Trustees are appointed by an open recruitment process, during which time successful candidates are provided with guidance and information sources about their duties and responsibilities.
Governance · Procedural statement · From Momark CIO — annual report and accounts, year ending 31 December 2025, page 8
MOMARK CIO has a conflict of interest and risk management policy that is reviewed regularly.
The Board have Risk management and Conflict of Interest policies which are reviewed regularly.
Governance · Procedural statement · From Momark CIO — annual report and accounts, year ending 31 December 2025, page 7
MOMARK CIO's trustees meet regularly throughout the year to manage the charity.
The Trustees meet regularly to carry out their leadership role throughout the year.
Governance · Procedural statement · From Momark CIO — annual report and accounts, year ending 31 December 2025, page 7
The charity's trustees are satisfied that MOMARK CIO has sufficient financial resources to continue operating for the foreseeable future.
They are satisfied that the charity has sufficient financial resources to continue operating for the foreseeable future.
Financial · Observational claim · From Momark CIO — annual report and accounts, year ending 31 December 2025, page 7
MOMARK CIO will continue to support mental health projects in Wandsworth through various grants and funds.
We will continue our work to improve mental health and wellbeing in Wandsworth. We will deliver this objective by supporting projects through our Mental Health Community Fund, our ongoing support of the peer support ward visits and community support (provided through SoundMinds) and the provision of two Springfield Hospital grants (Forensics and Entertainment Grants).
Commissioning · Commitment statement · From Momark CIO — annual report and accounts, year ending 31 December 2025, page 7
MOMARK CIO's investment portfolio includes shares, bonds, invested cash, property, and digital assets.
Our investments are in four areas: 1. Shares, Bonds and Invested Cash... 4. As part of a diversified long-term investment strategy, the charity maintains a modest exposure to digital assets through Bitcoin mining infrastructure hosted by a specialist provider using predominantly renewable energy.
Financial · Observational claim · From Momark CIO — annual report and accounts, year ending 31 December 2025, page 7
MOMARK CIO has unrestricted reserves of £5,187,946 as of December 2025.
Total funds held at 31 December 2025 were £5,187,946 (2024: £4,960,117).
Financial · Observational claim · From Momark CIO — annual report and accounts, year ending 31 December 2025, page 7
MoMark CIO provides grants for social and entertainment activities at Springfield Hospital.
The Entertainments Grant provides funding for social and entertainment activities which would not be otherwise be funded by the NHS.
Service · Commitment statement · From Momark CIO — annual report and accounts, year ending 31 December 2025, page 4