DEVELOPMENT AID FROM PEOPLE TO PEOPLE UK
Financial health, per its FY2024 accounts
The accounts state that the charity incurred a net deficit of £18,822 for the year, resulting in unrestricted funds being overdrawn by £7,333. The independent auditor has reported a material uncertainty related to going concern due to this deficit and overdrawn funds. However, the trustees maintain that the charity remains a going concern based on cash flow forecasts showing sufficient profits to continue trading for at least 12 months.
What the accounts disclose
“It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to three months expenditure.” — page 5
“We draw attention to note 1.2 in the financial statements, which indicates that the Charity incurred an overall defecit of £18,822 during the year ended 31 December 2024. This has resulted in the unrestricted funds of the Charity being overdrawn by £7,333. As stated in note 1.2, these events and conditions indicate that a material uncertainty exists that may cast significant doubt on the Charity’s ability to continue as a going concern.” — page 10
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- Kenneth Musonda
- Mariola Natalia Fuller
- Melanie Vaz Pita
- Noemi Karacsony
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £1.3m | £1.4m |
| 31/12/2023 | £1.1m | £1.1m |
| 31/12/2022 | £760k | £749k |
| 31/12/2021 | £466k | £351k |
| 31/12/2020 | £292k | £307k |
Common questions
Is DEVELOPMENT AID FROM PEOPLE TO PEOPLE UK financially healthy?
The accounts state that the charity incurred a net deficit of £18,822 for the year, resulting in unrestricted funds being overdrawn by £7,333. The independent auditor has reported a material uncertainty related to going concern due to this deficit and overdrawn funds. However, the trustees maintain that the charity remains a going concern based on cash flow forecasts showing sufficient profits to continue trading for at least 12 months. Its FY2024 accounts were audited by Azets.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| DAVID & RUTH LEWIS FAMILY CHARITABLE TRUST | 1 | £1.9m |
| Frontline AIDS | 1 | £759k |
| THE ORR MACKINTOSH FOUNDATION LIMITED | 1 | £195k |
| PEGASUS | 1 | £150k |
| THE TOLKIEN TRUST | 1 | £145k |
| EDUCATE A CHILD - INTERNATIONAL | 1 | £35k |
| PLAN INTERNATIONAL UK | 1 | £11k |
| CHK Foundation | 1 | £10k |