JAMMA INTERNATIONAL
Financial health, per its FY2024 accounts
The accounts state that unrestricted funds decreased from US$8,200,256 to US$7,104,545 due to a net loss of US$1,055,804 for the year. The trustees report that they remain confident of the charity's ability to fulfill current financial commitments and continue funding new projects. The auditor confirmed that the going concern basis of accounting is appropriate with no material uncertainties identified.
What the accounts disclose
“Bank balances and financial investments constitute unrestricted funds and are seen as a general reserve. The Directors monitor Jamma’s financial assets to make sure it has sufficient funds to meet the costs of all known commitments, planned projects and overheads.” — page 7
“During the year the charity made donations totalling $475,652 (2023: $359,076) to The Photography Foundation, a charity registered in England and Wales in which Mr M A Johansson and Mrs A C S Johansson are trustees.” — page 27
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- AGNETA CATHARINA JOHANSSON
- Anders Johansson
- Daniel O'Brien
- MARTIN HENRIK JOHANSSON
- MIKAEL ANDERS JOHANSSON
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £3.1m | £2.4m |
| 05/04/2024 | £2.4m | £3.4m |
| 05/04/2023 | £1.6m | £2.5m |
| 05/04/2022 | £101k | £2.1m |
| 05/04/2021 | £74k | £5.0m |
Common questions
Is JAMMA INTERNATIONAL financially healthy?
The accounts state that unrestricted funds decreased from US$8,200,256 to US$7,104,545 due to a net loss of US$1,055,804 for the year. The trustees report that they remain confident of the charity's ability to fulfill current financial commitments and continue funding new projects. The auditor confirmed that the going concern basis of accounting is appropriate with no material uncertainties identified. Its FY2024 accounts were audited by Bright Grahame Murray.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE DANSON FOUNDATION | 1 | £4k |
| R G HILLS CHARITABLE TRUST | 1 | £1k |