THE MADRINHA TRUST
The objectives of the charity is the advancement of education and the relief of poverty by the provision of funds and financial assistance to educational and other projects anywhere in the world, but with a particular focus on Africa and the developing world.
Financial health, per its FY2024 accounts
The accounts state that the charity held £322,524 in total funds at the end of 2024, a decrease from £334,527 in the previous year. The charity reports a net outgoing resource position of £12,003 for the year, primarily driven by charitable expenditure on scholar mentees. The trustees confirm that assets are adequate to meet liabilities and that the charity is not reliant on grants or additional donations to maintain liquidity.
What the accounts disclose
“Donations and legacies 138,200” — page 11
Trustees
- JANIA GEOGHEGANchair
- AMRIT SINGH
- Andrew Goulden Mr
- CASMIR CHANDA
- Chrissy Vassiliou
- ELLIE PATSALOS
- Ronke Kokoruwe
- SUE CHIN MCKEAND-HAN
- Sarah Constantine Haidry
- Vanessa Kyte
- Will Dear
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £221k | £277k |
| 31/12/2023 | £76k | £270k |
| 31/12/2022 | £168k | £375k |
| 31/12/2021 | £297k | £277k |
| 31/12/2020 | £400k | £322k |
Common questions
Is THE MADRINHA TRUST financially healthy?
Per its FY2024 accounts: The accounts state that the charity held £322,524 in total funds at the end of 2024, a decrease from £334,527 in the previous year. The charity reports a net outgoing resource position of £12,003 for the year, primarily driven by charitable expenditure on scholar mentees. The trustees confirm that assets are adequate to meet liabilities and that the charity is not reliant on grants or additional donations to maintain liquidity. Its FY2024 accounts were independently examined.
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Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE MADRINHA TRUST | £221k | — | 0 | unclear | — | no doubt |
| MISSIONARIES OF CHARITY OF MOTHER TERESA OF CALCUTTA TRUST | £1.0m | — | 0 | unclear | — | no doubt |
| MADNI TRUST | £1.2m | — | 0 | above | — | no doubt |
| MADINA TRUST | £120k | — | 0 | above | — | no doubt |
| J N DERBYSHIRE TRUST | £146k | — | 0 | unclear | — | no doubt |
| Afro-Asia Welfare Trust | £175k | — | 0 | unclear | — | no doubt |