MAKOMBORERO
Financial health, per its FY2025 accounts
The accounts state that the charity recorded a net deficit of £48,966 for the year, primarily due to a reduction in one-off donations and increased programme commitments. While total reserves decreased, the trustees confirm that remaining funds are sufficient for operational needs and the charity remains resilient despite a challenging fundraising environment.
What the accounts disclose
“Makomborero UK Board’s Reserve Policy is to maintain six months of forecast future grants to Makomborero Zimbabwe and funds equivalent to both school and university fees to the end of the academic year.”
Trustees
- ABIODUN OLORUNFEMIchair
- Christine Wetherall
- Jacquelyn Van Jaarsveld
- Miriam Bandera
- Mujuru Simbarashe Mupfumira
- NICOLA BALDWIN
- Nathan Whitaker
- Solinda Tracy Butawo
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £154k | £203k |
| 31/03/2024 | £184k | £130k |
| 31/03/2023 | £197k | £192k |
| 31/03/2022 | £148k | £157k |
| 31/03/2021 | £132k | £141k |
Common questions
Is MAKOMBORERO financially healthy?
The accounts state that the charity recorded a net deficit of £48,966 for the year, primarily due to a reduction in one-off donations and increased programme commitments. While total reserves decreased, the trustees confirm that remaining funds are sufficient for operational needs and the charity remains resilient despite a challenging fundraising environment. Its FY2025 accounts were independently examined.