SENTEBALE
Financial health, per its FY2024 accounts
The accounts state that free unrestricted reserves were £232,000 at the year-end, which is below the previous policy target of £225,000 but reflects a significant decrease from the prior year's £929,000. The charity reported a deficit of £1.632 million for the 16-month period, driven by reduced event income and high fundraising costs, though it notes that institutional funding remains strong. The trustees confirm the accounts are prepared on a going concern basis, projecting cash in excess of £300,000 by December 2026.
What the accounts disclose
“Under the previous policy, which was to hold free reserves equal to one quarter of forecast unrestricted expenditure, the target level of free reserves for 2025 would have been set at £225k.” — page 46
“An amount is payable to one current Trustees for past services to the charity prior to his appointment as a trustee of £66,000 (2023: £0).” — page 62
“Nandi Life Sciences LLC was a donor via AFoS to the benefit of Sentebale during the reporting period” — page 67
“This year, Sentebale has emerged stronger from thorough engagement with the UK Charity Commission, welcoming the August 2025 conclusion of its compliance review” — page 5
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- Sophie Tendai Chandauka MBEchair
- Alden Mason Matheny NOUGA-NGOG
- David Ian Rawlinson
- Dr Bhakti Hansoti
- Wellington Chimwaradze
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £3.3m | £5.0m |
| 31/08/2023 | £3.4m | £3.8m |
| 31/08/2022 | £4.5m | £3.6m |
| 31/08/2021 | £3.1m | £3.0m |
| 31/08/2020 | £2.4m | £2.8m |
Common questions
Is SENTEBALE financially healthy?
The accounts state that free unrestricted reserves were £232,000 at the year-end, which is below the previous policy target of £225,000 but reflects a significant decrease from the prior year's £929,000. The charity reported a deficit of £1.632 million for the 16-month period, driven by reduced event income and high fundraising costs, though it notes that institutional funding remains strong. The trustees confirm the accounts are prepared on a going concern basis, projecting cash in excess of £300,000 by December 2026. Its FY2024 accounts were audited by Buzzacott Audit LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| ZOREYA TZEDOKOS | 1 | £312k |
| THREE PILLARS TRUST | 1 | £40k |
| LPW LIMITED | 1 | £36k |
| SABENO LIMITED | 1 | £10k |
| STAHL MEMORIAL LIMITED | 1 | £2k |