The Magic Future Foundation
The charity was set up to raise funds to support outstanding organisations and causes that are helping people achieve their dreams by building opportunity through education and inspiration, both locally and globally.
Financial health, per its FY2025 accounts
The charity reported unrestricted reserves of £34,547, which is below its stated policy target of holding reserves equal to six months of operational expenditure. The accounts state that the trustees will provide funds to support the charity, allowing the financial statements to be prepared on a going concern basis despite a net expenditure for the year.
What the accounts disclose
“Miss Alexandra Wissenbach received remuneration of £12,919 (2024: £Nil) during the year.” — page 15
“The Trustees have confirmed their strategy of holding reserves equal to 6 months operational expenditure.” — page 5
“Miss Alexandra Wissenbach received remuneration of £12,919 (2024: £Nil) during the year. The remuneration received was for managing the charity's social media.” — page 15
Trustees
- Alexandra Wissenbach
- Diana Wissenbach
- Maximilian Wissenbach
- Tom Spanner
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £128k | £138k |
| 31/03/2024 | £135k | £138k |
| 31/03/2023 | £175k | £304k |
| 31/03/2022 | £112k | £54k |
| 31/03/2021 | £37k | £236k |
Common questions
Is The Magic Future Foundation financially healthy?
Per its FY2025 accounts: The charity reported unrestricted reserves of £34,547, which is below its stated policy target of holding reserves equal to six months of operational expenditure. The accounts state that the trustees will provide funds to support the charity, allowing the financial statements to be prepared on a going concern basis despite a net expenditure for the year. Its FY2025 accounts were independently examined.
What does the highest-paid employee of The Magic Future Foundation earn?
Per its FY2025 accounts, the highest-paid employee was in the £12,919 band.
Who funds The Magic Future Foundation?
Funders whose own accounts filings name The Magic Future Foundation as a grant recipient include THE GOSLING FOUNDATION LIMITED, THE SYLVIA AND COLIN SHEPHERD CHARITABLE TRUST, THE JONATHAN TOWLER FOUNDATION.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE GOSLING FOUNDATION LIMITED | FY2023 | £50k | Health |
| THE SYLVIA AND COLIN SHEPHERD CHARITABLE TRUST | FY2022 | £6k | |
| THE SYLVIA AND COLIN SHEPHERD CHARITABLE TRUST | FY2025 | £5k | |
| THE SYLVIA AND COLIN SHEPHERD CHARITABLE TRUST | FY2024 | £1k | |
| THE JONATHAN TOWLER FOUNDATION | FY2023 | £0 |