MEMUSI FOUNDATION
Financial health, per its FY2023 accounts
The accounts state that unrestricted funds decreased from £82,225 to £26,315 due to charitable expenditure exceeding income. The trustees report a reasonable expectation of adequate resources to continue in operational existence for the foreseeable future. The financial statements were prepared under the small companies regime and are unaudited.
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 5
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?
The accounts state that unrestricted funds decreased from £82,225 to £26,315 due to charitable expenditure exceeding income. The trustees report a reasonable expectation of adequate resources to continue in operational existence for the foreseeable future. The financial statements were prepared under the small companies regime and are unaudited. Its FY2023 accounts were independently examined.
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.
Known funders
| Funder | Year | Amount |
|---|---|---|
| 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 |