Charity Accounts Intelreading the accounts so you don’t have to

EDUCATION FOR ALL MOROCCO LTD

Registered charity 1124500 · accounts filings on the Charity Commission register

Latest income
£682k
Latest spending
£607k
Registered
2008
Accounts read
FY2023

Financial health, per its FY2023 accounts

The accounts state that total funds held at the end of 2023 were £1.6m, comprising £0.7m in restricted funds for repair and rebuild, £0.6m in designated funds, and £0.3m in general reserves. The trustees consider the charity to be a going concern, citing strong control over expenditure and resilience against funding downturns. The charity operates a defined contribution pension scheme and has no disclosed trading subsidiaries.

What the accounts disclose

Reserves policy: 12 months of operating expenditure (held: £300k)
“The Board of Trustees ordinarily sets a minimum level of reserves equivalent to 12 months of operating expenditure to allow for unforeseen emergencies or maintenance costs, fluctuations in income, and financial commitments in the event of the charity closing.” — page 7
Per its FY2023 accounts as filed with the Charity Commission.
Payments to trustees: K Targaoui was paid £10,442 for services relating to recruitment and monitoring of volunteers.
“During the year, K Targaoui, a trustee of the charity was paid £10,442 (2022: £13,094) for services relating to recruitment and monitoring of volunteers.” — page 23
Per its FY2023 accounts as filed with the Charity Commission.
Related-party transaction: Trustee paid for services
“During the year, K Targaoui, a trustee of the charity was paid £10,442 (2022: £13,094) for services relating to recruitment and monitoring of volunteers. These costs are included in charitable activities.” — page 23
Per its FY2023 accounts as filed with the Charity Commission.

Accounts audited by Williams & Co Epsom LLP.

Structured financials (annual return, FY ending 31/12/2024)

Total income
£682k
Total spending
£607k
Cost of raising funds
£82k
Reserves (reported)
£895k
Employees
1

Reported reserves equal ~17.7 months of spending — in the top quarter for charities its size (median 5.2 months; benchmarks).

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Morocco

Income and spending

Financial year endIncomeSpending
31/12/2024£682k£607k
31/12/2023£1.3m£239k
31/12/2022£315k£113k
31/12/2021£132k£222k
31/12/2020£166k£225k

Common questions

Is EDUCATION FOR ALL MOROCCO LTD financially healthy?

The accounts state that total funds held at the end of 2023 were £1.6m, comprising £0.7m in restricted funds for repair and rebuild, £0.6m in designated funds, and £0.3m in general reserves. The trustees consider the charity to be a going concern, citing strong control over expenditure and resilience against funding downturns. The charity operates a defined contribution pension scheme and has no disclosed trading subsidiaries. Its FY2023 accounts were audited by Williams & Co Epsom LLP.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

FunderSimilar charities fundedAmount to them
THE EQUINOXE TRUST1£39k
COLEFAX CHARITABLE TRUST1£3k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with MELLON EDUCATE (UK).