MEMUSI FOUNDATION
Overriding objective of the charity is for the benefit of young people in Africa to advance education in particular by the development, support and management of educational institutions. Further objectives extend to ensure that the school and communities have sufficient support to excel. Food, clothing and employment opportunities are all invested in to help communities where we work to thrive.
Financial health, per its FY2024 accounts
The accounts state that the charity reported a small net surplus of £117 for the year ended 31 March 2024, resulting in unrestricted reserves of £26,432. The trustees confirmed that the charity has adequate resources to continue in operational existence for the foreseeable future, adopting the going concern basis of accounting.
What the accounts disclose
“Aside from retaining a prudent amount in reserves each year (which will be reviewed by the trustees on an annual basis), most of the charities funds are to be spent in the short term” — page 6
Corporate structure
- Registered company of the charity Companies House 06884556
Company officers (Companies House)
- MARLAND, Matthew Craig on trustee list
- TIGHE, Karen Ann on trustee list
- WEBB, Steven John Cook on trustee list
- ALEXANDER, Jon Stuart on trustee list
- COLLEY-FRANCIS, Angela on trustee list
- NORTON, Matthew on trustee list
- CLAYTON, Lee Michael on trustee list
Register events
- Received assets from another charity (14/11/2024)
Trustees
- MATTHEW NORTONchair
- Angela Colley-Francis
- Jon Stuart Alexander
- Karen -Anne Tighe
- Lee Clayton
- Matthew Marland
- Steven John Cook Webb
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £220k | £216k |
| 31/03/2024 | £222k | £222k |
| 31/03/2023 | £220k | £276k |
| 31/03/2022 | £222k | £178k |
| 31/03/2021 | £188k | £220k |
Common questions
Is MEMUSI FOUNDATION financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a small net surplus of £117 for the year ended 31 March 2024, resulting in unrestricted reserves of £26,432. The trustees confirmed that the charity has adequate resources to continue in operational existence for the foreseeable future, adopting the going concern basis of accounting.
Who funds MEMUSI FOUNDATION?
Funders whose own accounts filings name MEMUSI FOUNDATION as a grant recipient include PERSONAL ASSURANCE CHARITABLE TRUST, THE CARMELA & RONNIE PIGNATELLI FOUNDATION, GILCHRIST EDUCATIONAL TRUST.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| PERSONAL ASSURANCE CHARITABLE TRUST | FY2021 | £66k | |
| PERSONAL ASSURANCE CHARITABLE TRUST | FY2022 | £57k | |
| PERSONAL ASSURANCE CHARITABLE TRUST | FY2024 | £52k | |
| PERSONAL ASSURANCE CHARITABLE TRUST | FY2023 | £51k | |
| THE CARMELA & RONNIE PIGNATELLI FOUNDATION | FY2024 | £3k | |
| THE CARMELA & RONNIE PIGNATELLI FOUNDATION | FY2025 | £3k | |
| GILCHRIST EDUCATIONAL TRUST | FY2022 | £1k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE BLOOM FOUNDATION | 1 | £60k |
| THE PA FOUNDATION | 1 | £57k |
| THE PERMIRA FOUNDATION | 1 | £53k |
| GANDYS FOUNDATION | 1 | £47k |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MATTHEWS, SURBITON | 1 | £643 |
Charities like this
- THE RUMI FOUNDATION
- SAO FOUNDATION
- THE POINT FOUNDATION
- gold-youth Africa Foundation UK
- THE WORLD MEMON ORGANISATION CHARITABLE FOUNDATION
- HA MEEM FOUNDATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| MEMUSI FOUNDATION | £220k | — | 0 | unclear | — | no doubt |
| THE RUMI FOUNDATION | £8.0m | — | 0 | above | — | no doubt |
| SAO FOUNDATION | £812k | — | 0 | unclear | — | no doubt |
| THE POINT FOUNDATION | £102k | — | 0 | unclear | — | no doubt |
| gold-youth Africa Foundation UK | £304k | — | 0 | unclear | — | no doubt |
| THE WORLD MEMON ORGANISATION CHARITABLE FOUNDATION | £1.1m | — | 0 | unclear | — | no doubt |