THE IFAKARA BAKERY PROJECT
The preservation and protection of health particularly but not exclusively by providing, or assisting in the provision of free bread to the community of Ifakara in Tanzania. The relief of financial hardship and advancement of education in Ifakara by supporting young people and such projects as the trustees determine.
Financial health, per its FY2024 accounts
The accounts state that the charity maintained a healthy financial position with unrestricted reserves of £41,034 at year-end, allowing it to meet all planned commitments including the Free Bread scheme. The trustees confirmed that resources were adequate to continue operations despite the principal risk of raising sufficient annual funds. No material uncertainties or deficits were reported in the financial statements.
What the accounts disclose
“Reserves are held to ensure at least one further year’s funding to allow (should the need arise) sufficient time to make any necessary adjustments in activity and fundraising.”
Trustees
- Rev Edward Sior MacGregor Colemanchair
- Annabelle Elizabeth Schellenberg
- Dee Johnson
- Dr Benjamin Schellenberg
- GEORGINA ELIZABETH ARNOLD
- Martin Siyovelwa
- Robin Johnson
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £56k | £96k |
| 31/12/2023 | £30k | £43k |
| 31/12/2022 | £41k | £27k |
| 31/12/2021 | £34k | £35k |
| 31/12/2020 | £38k | £24k |
Common questions
Is THE IFAKARA BAKERY PROJECT financially healthy?
Per its FY2024 accounts: The accounts state that the charity maintained a healthy financial position with unrestricted reserves of £41,034 at year-end, allowing it to meet all planned commitments including the Free Bread scheme. The trustees confirmed that resources were adequate to continue operations despite the principal risk of raising sufficient annual funds. No material uncertainties or deficits were reported in the financial statements. Its FY2024 accounts were independently examined.
Who funds THE IFAKARA BAKERY PROJECT?
Funders whose own accounts filings name THE IFAKARA BAKERY PROJECT as a grant recipient include WILLIAM ADLINGTON CADBURY CHARITABLE TRUST, THE GRIMMITT TRUST.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| WILLIAM ADLINGTON CADBURY CHARITABLE TRUST | FY2025 | £15k | Grant |
| THE GRIMMITT TRUST | FY2025 | £3k | |
| THE GRIMMITT TRUST | FY2023 | £2k | |
| THE GRIMMITT TRUST | FY2022 | £2k |