MOOJI FOUNDATION LTD
Latest income
£331k
Latest spending
£218k
Registered
2011
Accounts read
FY2023
Financial health, per its FY2023 accounts
The accounts state that the charity held £932,425 in unrestricted funds at year-end, a decrease from the previous year's £1,031,219. The trustees report a strong balance sheet and are confident that operations will normalize without further challenges, noting that the current reserves are adequate to meet working capital requirements.
What the accounts disclose
Reserves policy: 12 months of expenditure (held: £932k)
“The Trustees have examined the Charity’s requirements for reserves in light of the main risks to the organization. It has established a reserves policy whereby the unrestricted funds not committed or invested in tangible fixed assets held by the Charity should be for 12 months of the expenditure.” — page 13
Per its FY2023 accounts as filed with the Charity Commission.
Related-party transaction: Patron remuneration
“Total costs for his employment amounted to £30,000 (2022: £30,787) included within salaries and wages.”
“During the year Mooji Media Limited paid £94,500 (2022: £122,500) in the form of gift aid to Mooji Foundation Limited.” — page 29
Per its FY2023 accounts as filed with the Charity Commission.
Related-party transaction: Gift aid from subsidiary
“Total costs for his employment amounted to £30,000 (2022: £30,787) included within salaries and wages.”
“During the year Mooji Media Limited paid £94,500 (2022: £122,500) in the form of gift aid to Mooji Foundation Limited.” — page 29
Per its FY2023 accounts as filed with the Charity Commission.
Trading subsidiary: Mooji Media Ltd
“Mooji Foundation Ltd works in collaboration with Mooji Media Ltd (our trading subsidiary)” — page 5
Per its FY2023 accounts as filed with the Charity Commission.
Structured financials (annual return, FY ending 31/12/2020)
Total income
£689k
Total spending
£705k
Cost of raising funds
£67k
Reserves (reported)
£60k
Employees
5
Trustees
- Amrit Kaur
- Arun Tolu MELWANI VASWANI
- Fatoumata Kamissoko Kanoute
- Rhonda Lee Johnson
- Sara Linnea Nord
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £331k | £218k |
| 31/12/2023 | £187k | £286k |
| 31/12/2022 | £166k | £966k |
| 31/12/2021 | £209k | £729k |
| 31/12/2020 | £689k | £705k |
Common questions
Is MOOJI FOUNDATION LTD financially healthy?
The accounts state that the charity held £932,425 in unrestricted funds at year-end, a decrease from the previous year's £1,031,219. The trustees report a strong balance sheet and are confident that operations will normalize without further challenges, noting that the current reserves are adequate to meet working capital requirements. Its FY2023 accounts were audited by Moore Kingston Smith LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| DAWAT-E-HADIYAH TRUST (UNITED KINGDOM) | 1 | £21.1m |
| FRIENDS OF ACHIEZER ARAD | 1 | £315k |
| UNITED TALMUDICAL ASSOCIATES LTD | 1 | £211k |
| MOUNDFIELD CHARITIES LIMITED | 1 | £182k |
| YAD SHLOMO TRUST | 1 | £41k |
| SF FOUNDATION | 1 | £40k |
| ITZCHOK MEYER CYMERMAN TRUST LIMITED | 1 | £20k |
| GIVE US A CHANCE | 1 | £15k |