MICROAID PROJECTS LTD
The MicroAid Projects is established to empower smallholder farmers through the promotion of self-help, entrepreneurial skills via mobile phones to rural communities in Indonesia. Each smallholder is given free subscription to MicroAid's mobile application with the aim of giving someone the opportunity to learn a new skill that may help them themselves get out of poverty.
Objects
THE RELIEF OF POVERTY AND FINANCIAL HARDSHIP FOR LOW INCOME FAMILIES BY FAMILY ENTERPRISE DEVELOPMENT IN POOR COMMUNITIES; AND IN PARTICULAR BUT WITHOUT PREJUDICE TO THE GENERALITY OF THE FOREGOING FOR THAT PURPOSE PROVIDE TO ONLY LOW-INCOME FAMILIES ENTERPRISE SKILLS TRAINING AND WORK EXPERIENCE; LOCAL MARKET SURVEYS AND VISITS; SUPPORT OF FAMILY ENTERPRISE MATERIALS AND GRANTS; SELF-HELP GROUPS ORGANISATION; LOCAL COMMUNITY FACILITATION; AND TO UNDERTAKE OR ASSIST IN WORK CALCULATED DIRECTLY TO ACHIEVE THAT PURPOSE IN POOR AREAS OF THE WORLD.
Financial health, per its FY2025 accounts
The accounts state that the charity incurred a net loss of £5,686 for the year ended 31 January 2025, resulting in a deficit per the accounts. The balance sheet shows net current assets of £19,426, financed entirely by member funds. The directors confirmed that no notice was deposited under section 294B(2) of the Companies Act 1985, and the accounts were prepared without audit.
What the accounts disclose
“The cost of overheads of the organization was borne entirely by the directors who were also major donors during the year under review.” — page 6
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
Trustees
- RICHARD BERESFORDchair
- TOBY RICHARD DE LA POER BERESFORD
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/01/2025 | £50k | £56k |
| 31/01/2024 | £26k | £27k |
| 31/01/2023 | £15k | £16k |
| 31/01/2022 | £18k | £14k |
| 31/01/2021 | £21k | £22k |
Common questions
Is MICROAID PROJECTS LTD financially healthy?
Per its FY2025 accounts: The accounts state that the charity incurred a net loss of £5,686 for the year ended 31 January 2025, resulting in a deficit per the accounts. The balance sheet shows net current assets of £19,426, financed entirely by member funds. The directors confirmed that no notice was deposited under section 294B(2) of the Companies Act 1985, and the accounts were prepared without audit. Its FY2025 accounts were independently examined.