MANGO TREE GOA
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves stood at £18,057, a figure the trustees consider justifiable against their policy to protect against fluctuating income and contingencies. The charity operated entirely on a voluntary basis with no paid staff, resulting in a net surplus for the year as income exceeded expenditure. While future plans include expanding support for further education, the trustees acknowledge that fundraising remains challenging due to low visitor numbers and economic difficulties.
What the accounts disclose
“Mango Tree Goa requires reserves to protect against fluctuating income, falling exchange rates, contingencies, to start up new projects pending identifying income streams and to achieve its objective of ensuring its major projects in Goa have their own permanent accommodation.” — page 4
“The post covid economic landscape and cost of living difficulties remains challenging and concerning.”
Year-over-year changes
- Going concern: no going-concern doubt (FY2023) → going-concern doubt noted (FY2024).
Register events
- Received assets from another charity (21/05/2021)
- Received assets from another charity (15/01/2015)
Trustees
- JANE ELIZABETH GRIMSHAWchair
- Alison McPhee
- Annette Erica Grace
- Gillian Abdy
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £100k | £97k |
| 31/03/2024 | £90k | £86k |
| 31/03/2023 | £84k | £81k |
| 31/03/2022 | £90k | £86k |
| 31/03/2021 | £152k | £178k |
Common questions
Is MANGO TREE GOA financially healthy?
The accounts state that unrestricted reserves stood at £18,057, a figure the trustees consider justifiable against their policy to protect against fluctuating income and contingencies. The charity operated entirely on a voluntary basis with no paid staff, resulting in a net surplus for the year as income exceeded expenditure. While future plans include expanding support for further education, the trustees acknowledge that fundraising remains challenging due to low visitor numbers and economic difficulties. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| DAVID LISTER CHARITABLE TRUST | 2 | £16k |
| THE COLES-MEDLOCK FOUNDATION | 1 | £20k |
| EDUCATIONAL OPPORTUNITY FOUNDATION | 1 | £15k |
| ALLAN AND NESTA FERGUSON CHARITABLE SETTLEMENT | 1 | £12k |
| THE EVAN CORNISH FOUNDATION | 1 | £10k |
| THE TULA TRUST LIMITED | 1 | £3k |
| C B AND H H TAYLOR 1984 TRUST | 1 | £3k |