Support Malawi
Financial health, per its FY2025 accounts
The accounts state that unrestricted net assets were £227,619, which the trustees regard as prudent to cover approximately three months of project expenditure. The charity reported a net decrease in funds of £38,704 for the year, driven by rising costs in Malawi and the cessation of funding from Deloittes. Despite these challenges, the auditor confirmed that the use of the going concern basis of accounting was appropriate with no material uncertainties identified.
What the accounts disclose
“The level of free reserves is targeted to cover approximately three months of project expenditure, which the trustees regard as prudent.” — page 5
Structured financials (annual return, FY ending 31/08/2025)
Trustees
- Josie Charterchair
- Adrian Stephens
- Carole Johnson
- Claire Olivia Searle
- Darren Moore
- Lauren Searle
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £1.4m | £1.5m |
| 31/08/2024 | £1.2m | £1.3m |
| 31/08/2023 | £1.4m | £1.4m |
| 31/08/2022 | £1.2m | £1.2m |
| 31/08/2021 | £1.1m | £1.1m |
Common questions
Is Support Malawi financially healthy?
The accounts state that unrestricted net assets were £227,619, which the trustees regard as prudent to cover approximately three months of project expenditure. The charity reported a net decrease in funds of £38,704 for the year, driven by rising costs in Malawi and the cessation of funding from Deloittes. Despite these challenges, the auditor confirmed that the use of the going concern basis of accounting was appropriate with no material uncertainties identified. Its FY2025 accounts were audited by Streets Audit LLP.