BRIGHTER FUTURE FOUNDATION
Financial health, per its FY2024 accounts
The accounts state that the charity operated with no staff costs as all activities were based on volunteers. The unrestricted funds increased from £107,438 to £117,730, while restricted funds rose from £117,180 to £117,730, resulting in a total cash balance of £56,573 at year-end. The trustees confirmed that the accounts complied with the charity's constitution.
What the accounts disclose
Structured financials (annual return, FY ending 31/03/2022)
Trustees
- Dr Maung Maung Kyichair
- DR AUNG AUNG LWIN MBBS,MRCP
- DR Khin Z Nyo MBBS MRCP
- Dr THINN THINN HLAING FRCPATH
- Dr Thandar Aye MBBS MRCP
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £206k | £237k |
| 31/03/2024 | £381k | £371k |
| 31/03/2023 | £403k | £413k |
| 31/03/2022 | £827k | £781k |
| 31/03/2021 | £90k | £133k |
Common questions
Is BRIGHTER FUTURE FOUNDATION financially healthy?
The accounts state that the charity operated with no staff costs as all activities were based on volunteers. The unrestricted funds increased from £107,438 to £117,730, while restricted funds rose from £117,180 to £117,730, resulting in a total cash balance of £56,573 at year-end. The trustees confirmed that the accounts complied with the charity's constitution. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE MANOUKIAN CHARITABLE FOUNDATION | 1 | £57k |
| CHK Foundation | 1 | £15k |