MYAWARE
Financial health, per its FY2023 accounts
The accounts state that the charity reported a total net deficit of £395,713, driven by reduced fundraising income and legacy gifts. However, unrestricted free reserves stood at £1,346,649, which exceeds the stated policy target of twelve months' budgeted expenditure (£823,113), leaving a surplus of £523,536. The trustees consider the going concern basis appropriate as the charity can utilize this surplus to meet future commitments.
What the accounts disclose
“The number of employees whose employee benefits (excluding employer pension costs) exceeded £60000 was: 2023 1” — page 35
“Unrestricted funds not invested in tangible and intangible fixed assets (the free reserves) are held to meet a minimum of twelve months budgeted expenditure” — page 21
“During the year the charity paid a salary, benefits and expenses reimbursement totalling £21,378 (2022: £19,750) to an employee who is the spouse of a trustee.” — page 41
“The charity also paid £1,121 (2022: £403) for legal services performed by Andrew Lutley, Company Secretary unlil 31 December2022.” — page 41
“During the year the charity paid a salary, benefits and expenses reimbursement totalling £21,378 (2022: £19,750) to an employee who is the spouse of a trustee.” — page 41
“The charity also paid £1,121 (2022: £403) for legal services performed by Andrew Lutley, Company Secretary unlil 31 December2022.” — page 41
Funders the charity credits
- PHG Buying Ltd
Structured financials (annual return, FY ending 31/03/2024)
Register events
- Received assets from another charity (08/11/2016)
Trustees
- ANDREW JOHN ROBINSON
- Claire Wen
- DR Bethan Lang
- Dr Channa Hewamadduma
- Dr Katherine Dodd
- Dr SAIJU JACOB
- Jon Rio
- Rashmi Rungta
- Sara Jones
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £449k | £1.1m |
| 31/03/2024 | £1.2m | £1.1m |
| 31/03/2023 | £329k | £717k |
| 31/03/2022 | £707k | £1.0m |
| 31/03/2021 | £993k | £1.1m |
Common questions
Is MYAWARE financially healthy?
The accounts state that the charity reported a total net deficit of £395,713, driven by reduced fundraising income and legacy gifts. However, unrestricted free reserves stood at £1,346,649, which exceeds the stated policy target of twelve months' budgeted expenditure (£823,113), leaving a surplus of £523,536. The trustees consider the going concern basis appropriate as the charity can utilize this surplus to meet future commitments. Its FY2023 accounts were audited by Johnson Tidsall Limited.
Who funds MYAWARE?
Funders whose own accounts filings name MYAWARE as a grant recipient include BERNARD LEWIS FAMILY CHARITABLE TRUST, THE JAMES WEIR FOUNDATION, THE MARY ROBERTSON TRUST, DANDIA CHARITABLE TRUST.
Known funders
| Funder | Year | Amount |
|---|---|---|
| BERNARD LEWIS FAMILY CHARITABLE TRUST | FY2022 | £67k |
| BERNARD LEWIS FAMILY CHARITABLE TRUST | FY2024 | £13k |
| BERNARD LEWIS FAMILY CHARITABLE TRUST | FY2021 | £5k |
| THE JAMES WEIR FOUNDATION | FY2022 | £5k |
| THE MARY ROBERTSON TRUST | FY2024 | £3k |
| THE MARY ROBERTSON TRUST | FY2023 | £3k |
| DANDIA CHARITABLE TRUST | FY2023 | £2k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE INMAN CHARITY | 2 | £8k |
| The Patricia Routledge Foundation | 2 | £5k |
| THE HELEN STRAKER CHARITY | 1 | — |
| THE FIDELITY UK FOUNDATION | 1 | £150k |
| THE FRANCES AND AUGUSTUS NEWMAN FOUNDATION | 1 | £75k |
| IGY FOUNDATION | 1 | £50k |
| THE CHRISTOPHER LAING FOUNDATION | 1 | £40k |
| PEACOCK CHARITABLE TRUST | 1 | £30k |