MC FUND
Financial health, per its FY2024 accounts
The accounts state that unrestricted cash at bank was £43,787 as of 31 May 2024, with net assets totaling £39,753. The charity reported a surplus of £28,759 for the year, having received £234,428 in donations and incurred £205,469 in charity work costs. The filing confirms the accounts were prepared under micro entity provisions and examined by an independent examiner who found no material issues.
What the accounts disclose
Structured financials (annual return, FY ending 31/05/2025)
Trustees
- MR A MOHAMMEDchair
- Kanja Ibrahim Sesay
- MISS S HUSSAIN
- MR B ZUBER
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/05/2025 | £565k | £610k |
| 31/05/2024 | £234k | £206k |
| 31/05/2023 | £36k | £22k |
| 31/05/2022 | £6k | £6k |
| 31/05/2021 | £9k | £19k |
Common questions
Is MC FUND financially healthy?
The accounts state that unrestricted cash at bank was £43,787 as of 31 May 2024, with net assets totaling £39,753. The charity reported a surplus of £28,759 for the year, having received £234,428 in donations and incurred £205,469 in charity work costs. The filing confirms the accounts were prepared under micro entity provisions and examined by an independent examiner who found no material issues. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| ISSA FOUNDATION | 1 | £2.1m |
| BREAKTHROUGH FOUNDATION | 1 | £2.0m |
| THE AURORA TRUST | 1 | £50k |
| THE DAKRI CHARITABLE TRUST | 1 | £25k |
| WAR ON WANT | 1 | £18k |
| Indigent Welfare and Education Trust | 1 | £7k |