PROJECT ORCHID LIMITED
Financial health, per its FY2024 accounts
The accounts state that incoming resources decreased to £853k from £1.588m in the prior year, resulting in a deficit on unrestricted funds of £403k. Per the trustees' report, reserves of £459,679 are held, which are in excess of the stated policy target of £310,000. The trustees consider the charity's affairs satisfactory and maintain going concern status despite fundraising uncertainties.
What the accounts disclose
“Orchid Project aims to hold reserves equivalent to 35% of all core costs based on the budget for the year to 31st March 2025, amounting to £310,000” — page 8
“These challenges have introduced some uncertainty regarding future income, which could impact the charity's ability to meet its operational commitments. Despite these uncertainties, after making appropriate enquiries, the Trustees have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future.” — page 8
Year-over-year changes
- Going concern: no going-concern doubt (FY2023) → going-concern doubt noted (FY2024).
Structured financials (annual return, FY ending 31/03/2025)
Register events
- Received assets from another charity (11/05/2023)
Trustees
- Joseph Ssali Ssentongochair
- Alice Nassimbwa Feldwick
- Carina-Carmelina Maria Petra Hirsh El-Kabbany
- Delphine Anne Rive
- Dimiana Kamal Farag
- Dr Andreas Ernst Zielke
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £958k | £1.1m |
| 31/03/2024 | £853k | £1.2m |
| 31/03/2023 | £1.6m | £1.2m |
| 31/03/2022 | £1.4m | £1.2m |
| 31/03/2021 | £822k | £908k |
Common questions
Is PROJECT ORCHID LIMITED financially healthy?
The accounts state that incoming resources decreased to £853k from £1.588m in the prior year, resulting in a deficit on unrestricted funds of £403k. Per the trustees' report, reserves of £459,679 are held, which are in excess of the stated policy target of £310,000. The trustees consider the charity's affairs satisfactory and maintain going concern status despite fundraising uncertainties. Its FY2024 accounts were audited by KM Chartered Accountants.
Who funds PROJECT ORCHID LIMITED?
Funders whose own accounts filings name PROJECT ORCHID LIMITED as a grant recipient include THE ANGLO-AMERICAN CHARITY LIMITED, THE FIREBIRD FOUNDATION, THE ALLEN OVERY SHEARMAN STERLING FOUNDATION, C B AND H H TAYLOR 1984 TRUST, THE SISTERS OF THE POOR CHILD JESUS.
Known funders
| Funder | Year | Amount |
|---|---|---|
| THE ANGLO-AMERICAN CHARITY LIMITED | FY2022 | £100k |
| THE FIREBIRD FOUNDATION | FY2025 | £70k |
| THE FIREBIRD FOUNDATION | FY2023 | £20k |
| THE FIREBIRD FOUNDATION | FY2024 | £10k |
| THE ALLEN OVERY SHEARMAN STERLING FOUNDATION | FY2024 | £5k |
| C B AND H H TAYLOR 1984 TRUST | FY2023 | £2k |
| THE SISTERS OF THE POOR CHILD JESUS | FY2022 | £2k |
| G F EYRE CHARITABLE TRUST | FY2022 | £1k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| ACHISOMOCH AID COMPANY LIMITED | 1 | £117k |
| THE BLUSTON CHARITABLE SETTLEMENT | 1 | £50k |
| JEG TRUST LIMITED | 1 | £24k |
| RECHOV GORDON CHARITABLE TRUST | 1 | £14k |
| THE ESFANDI CHARITABLE FOUNDATION | 1 | £5k |
| J N DERBYSHIRE TRUST | 1 | £5k |
| THE IMAM HUSSEIN FOUNDATION | 1 | £1k |
| LILIAN FRANCES HIND BEQUEST (TRUSTEES OF LADY HIND) | 1 | £1k |