Charity Accounts Intelreading the accounts so you don’t have to

POVERTYSWAP LIMITED

Registered charity 1152167 · accounts filings on the Charity Commission register · also known as POVERTYSWAP

We resource community led projects in places where there is poverty creating need, lack of opportunity and suffering. We can provide grants that will create sustainable improvements focussing on Homes, Health and Education. These can be grants to organisations or individuals.

Causes: Education/training · The Advancement Of Health Or Saving Of Lives · Disability · The Prevention Or Relief Of Poverty · Overseas Aid/famine Relief · Accommodation/housing · website · Get email alerts

Latest income
£35k
Latest spending
£34k
Registered
2013
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity ended the year with a balance of £9,631.89, having received £35,483.89 in incoming funds and spent £34,018.13. The trustees report that the reserve fund is larger than usual due to reduced grant funding for specific projects, and the independent examiner confirmed no matters required attention to enable a proper understanding of the accounts.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Largest income source: Regular Donations by Standing Order
“Regular Donations by Standing Order”
Per its FY2025 accounts as filed with the Charity Commission.
Fundraising cost ratio: 0.0% of fundraised income
“We continue to have No Overheads and any necessary fees are covered by a specified donation – not yours.”
Per its FY2025 accounts as filed with the Charity Commission.
Reserves policy: unclear (held: £10k)
“We have operational Policies relating to Data Protection and Privacy; Risk Management; Reserves and Safeguarding.”
Per its FY2025 accounts as filed with the Charity Commission.
Governance: Internal control failure noted by examiner
“During his last inspection Chris noted that the use of apps to move funds also required using personal accounts to move funds. This he pointed out is not good practice. We acted immediately to improve our procedures”
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Cumbria · Ethiopia · Nepal · Romania · Uganda

Income and spending

Financial year endIncomeSpending
30/09/2025£35k£34k
30/09/2024£47k£46k
30/09/2023£34k£31k
30/09/2022£48k£46k
30/09/2021£45k£43k

Common questions

Is POVERTYSWAP LIMITED financially healthy?

Per its FY2025 accounts: The accounts state that the charity ended the year with a balance of £9,631.89, having received £35,483.89 in incoming funds and spent £34,018.13. The trustees report that the reserve fund is larger than usual due to reduced grant funding for specific projects, and the independent examiner confirmed no matters required attention to enable a proper understanding of the accounts. Its FY2025 accounts were independently examined.