INDOCHINA STARFISH FOUNDATION
Assisting street and garbage dump children in Phnom Penh, Cambodia
Financial health, per its FY2024 accounts
The accounts state that the charity maintained a sound financial position with net assets of US$3,728,579 and unrestricted reserves of US$950,445. The trustees report that operational reserves were US$2,029,889, with US$950,445 available for general use, indicating prudent financial management despite unpredictable income sources. The auditor confirmed no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“Individual Donors 42%”
“In 2024, 85% of every $1 spent went directly towards helping children, youth, and families in Cambodia.”
“Free reserves at year-end were US$883,828 (2023: US$459,782). Free reserves is unrestricted reserves (US$950,445), less funds spent on tangible fixed assets (US$66,617).”
Corporate structure
- Registered company of the charity Companies House 05798114
Company officers (Companies House)
- HEALY, Patrick on trustee list
- ROSKELL, Jeffrey James on trustee list
- KITT, Tanya on trustee list
- MOLYNEUX, Kirsten Marie on trustee list
- LEUNG, Sau Ting Miranda on trustee list
- LORENZ, Erik on trustee list
- MURRAY, Martin James on trustee list
- GAZZI, Robert Andrew on trustee list
- BROGAN, Leo Joseph on trustee list
- ASHALL, Anthony Mark on trustee list
- CUBBON, Martin on trustee list
- LEUNG, Miranda Sau Ting
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- Erik Lorenz
- Jeffrey James Roskell
- Kirsten Marie Molyneux
- LEO JOSEPH BROGAN
- MARK ASHALL
- MARTIN CUBBON
- Martin James Murray
- Miranda Sau Ting Leung
- Patrick Healy
- ROBERT ANDREW GAZZI
- Tanya Kitt
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £1.9m | £1.5m |
| 31/12/2023 | £1.5m | £1.5m |
| 31/12/2022 | £979k | £1.2m |
| 31/12/2021 | £911k | £949k |
| 31/12/2020 | £1.2m | £1.0m |
Common questions
Is INDOCHINA STARFISH FOUNDATION financially healthy?
Per its FY2024 accounts: The accounts state that the charity maintained a sound financial position with net assets of US$3,728,579 and unrestricted reserves of US$950,445. The trustees report that operational reserves were US$2,029,889, with US$950,445 available for general use, indicating prudent financial management despite unpredictable income sources. The auditor confirmed no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2024 accounts were audited by PKF Francis Clark.
Who funds INDOCHINA STARFISH FOUNDATION?
Funders whose own accounts filings name INDOCHINA STARFISH FOUNDATION as a grant recipient include LAUREUS SPORT FOR GOOD FOUNDATION.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| LAUREUS SPORT FOR GOOD FOUNDATION | FY2024 | £10k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE THALES CHARITABLE TRUST | 1 | — |
| DUCHY HEALTH CHARITY LIMITED | 1 | £25k |
| THE COLES-MEDLOCK FOUNDATION | 1 | £20k |
| THE URSULA KEYES TRUST | 1 | £16k |
| EDUCATIONAL OPPORTUNITY FOUNDATION | 1 | £15k |
| ALLAN AND NESTA FERGUSON CHARITABLE SETTLEMENT | 1 | £12k |
| THE ANTHONY AND ELIZABETH MELLOWS CHARITABLE SETTLEMENT | 1 | £10k |
| THE EVAN CORNISH FOUNDATION | 1 | £10k |
Charities like this
- CAMBODIAN CHILDREN'S FUND UK
- THE CAMBODIAN CHILDRENS CHARITY
- SAFE CHILD THAILAND
- COMMUNITY CENTRE FOR REFUGEES FROM VIETNAM LAOS AND CAMBODIA
- THE KIANH FOUNDATION
- CHARLES THOMPSON'S MISSION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| INDOCHINA STARFISH FOUNDATION | £1.9m | — | 0 | below | 15.0% | no doubt |
| CAMBODIAN CHILDREN'S FUND UK | £282k | — | 0 | above | — | no doubt |
| THE CAMBODIAN CHILDRENS CHARITY | £152k | — | 0 | above | 0.0% | no doubt |
| SAFE CHILD THAILAND | £516k | — | 0 | unclear | — | no doubt |
| COMMUNITY CENTRE FOR REFUGEES FROM VIETNAM LAOS AND CAMBODIA | £164k | — | 0 | above | — | no doubt |
| THE KIANH FOUNDATION | £199k | — | 0 | within | — | no doubt |