Charity Accounts Intelreading the accounts so you don’t have to

ADVANCE MYANMAR LTD

Registered charity 1139662 · accounts filings on the Charity Commission register · also known as LEARNBURMA

Latest income
£319k
Latest spending
£352k
Registered
2011
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that total funds decreased to £61,940 at 31 March 2024, a significant drop from £301,878 the previous year, driven by a net expenditure of £239,938 against income of £408,319. The trustees' report notes that while further funding was secured, the charity needs to broaden its donor base to respond to the growing need in Myanmar. Reserves are currently held at a level below the stated policy target of six months' core expenditure.

What the accounts disclose

Reserves policy: six months of average core expenditure (held: £62k)
“to cover approximately six months’ of average core expenditure” — page 6
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Burma Campaign UK supports Advance Myanmar by sharing various resources without charge including use of office space, computer systems and telephone line.
“Burma Campaign UK supports Advance Myanmar by sharing various resources without charge including use of office space, computer systems and telephone line.” — page 6
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit).

Structured financials (annual return, FY ending 31/03/2022)

Total income
£17k
Total spending
£756k
Cost of raising funds
£20k
Reserves (reported)
£63k
Employees
6

Reported reserves equal ~1.0 months of spending — in the bottom quarter for charities its size (median 7.0 months; benchmarks).

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Bangladesh · Burma · Thailand · Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/03/2025£319k£352k
31/03/2024£408k£648k
31/03/2023£385k£234k
31/03/2022£703k£756k
31/03/2021£443k£348k

Common questions

Is ADVANCE MYANMAR LTD financially healthy?

The accounts state that total funds decreased to £61,940 at 31 March 2024, a significant drop from £301,878 the previous year, driven by a net expenditure of £239,938 against income of £408,319. The trustees' report notes that while further funding was secured, the charity needs to broaden its donor base to respond to the growing need in Myanmar. Reserves are currently held at a level below the stated policy target of six months' core expenditure. Its FY2024 accounts were independently examined.

Who funds ADVANCE MYANMAR LTD?

Funders whose own accounts filings name ADVANCE MYANMAR LTD as a grant recipient include THE EVAN CORNISH FOUNDATION.

Known funders

Grants to this charity found in funders’ own accounts filings.

FunderYearAmount
THE EVAN CORNISH FOUNDATIONFY2025£11k
THE EVAN CORNISH FOUNDATIONFY2024£8k
THE EVAN CORNISH FOUNDATIONFY2025£3k
THE EVAN CORNISH FOUNDATIONFY2023£3k

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

FunderSimilar charities fundedAmount to them
THE CAMELLIA FOUNDATION1£50k
THE BOLTINI TRUST1£20k
PETER STORMONTH DARLING CHARITABLE TRUST1£5k
THE ANCHOR FOUNDATION1£5k
THE TULA TRUST LIMITED1£4k
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CHRIST CHURCH, CHORLEYWOOD1£3k
MISS E F RATHBONE CHARITABLE TRUST1£2k
GILCHRIST EDUCATIONAL TRUST1£1k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with MYANMAR TRUST UK.