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.
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
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.