MA CENTRE UK
Latest income
£249k
Latest spending
£285k
Registered
2010
Accounts read
FY2025
Financial health, per its FY2025 accounts
The accounts state that the charity holds unrestricted reserves of £1,026,262, which is above the trustees' stated ideal target of £150,000. The trustees confirm that adequate funds are available to finance activities for the foreseeable future, with no material uncertainties identified regarding the going concern basis.
What the accounts disclose
Reserves policy: £150,000 (held: £1.0m)
“The Trustees consider that the ideal level of reserves as at 31 March 2025 would be £150,000.” — page 4
Per its FY2025 accounts as filed with the Charity Commission.
Structured financials (annual return, FY ending 31/03/2024)
Total income
£708k
Total spending
£240k
Reserves (reported)
£0
Employees
0
Register events
- Received assets from another charity (07/01/2022)
Trustees
- ARUN VARMA
- David Samuel Mousley
- KAMAL CLARE
- KAY SHEILA FENNELL
- LEENA PRASAD
- MILAN VELASEVIC
- Mahathevan Sriharan
- Renuka Sadanandan
- Sandeep Narayan Panicker
- Yamunah Sasithara Vakees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £249k | £285k |
| 31/03/2024 | £708k | £240k |
| 31/03/2023 | £122k | £175k |
| 31/03/2022 | £198k | £79k |
| 31/03/2021 | £83k | £34k |
Common questions
Is MA CENTRE UK financially healthy?
The accounts state that the charity holds unrestricted reserves of £1,026,262, which is above the trustees' stated ideal target of £150,000. The trustees confirm that adequate funds are available to finance activities for the foreseeable future, with no material uncertainties identified regarding the going concern basis. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| HARVEST COMMUNITY NETWORK | 1 | £32k |