THE MSG FOUNDATION LIMITED

Registered charity 1157101 · accounts filings on the Charity Commission register

In 2017 the Foundation has once again raised funds specifically with a view to supporting UK charity CFC Family Ministries in connection with practical help & assistance given to help with the education of children in the Philippines. The Foundation has also been able to help a number of other UK charities.

Objects

(1) THE CHARITY’S OBJECTS (“OBJECTS”) ARE AS FOLLOWS (A) TO RELIEVE POVERTY AND HARDSHIP IN THE UK AND OVERSEAS INCLUDING POVERTY AND HARDSHIP WHICH HAS BEEN CAUSED BY REASON OF YOUTH, AGE, ILL HEALTH, INJURY, DISABILITY, UNEMPLOYMENT, FAMINE AND/OR NATURAL DISASTER AND TO DO SO THROUGH THE PROVISION OF FINANCIAL AND MATERIAL ASSISTANCE AND THROUGH THE PROVISION OF GUIDANCE AND ADVICE;(B) TO PREVENT POVERTY AND HARDSHIP IN THE UK AND OVERSEAS THROUGH THE PROVISION OF ADVICE, FINANCIAL AND OTHER MATERIAL ASSISTANCE AND ADVICE TO THOSE WHO ARE BY REASON OF YOUTH, AGE, ILL HEALTH, INJURY, DISABILITY, UNEMPLOYMENT AND/OR NATURAL DISASTER ARE UNABLE OR STRUGGLING TO ADEQUATELY SUPPORT THEMSELVES AND THEIR FAMILY MEMBERS;(C) TO ADVANCE THE EDUCATION OF CHILDREN, YOUNG PEOPLE AND ADULTS THROUGH THE PROVISION OF FINANCIAL SUPPORT, LEARNING RESOURCES, TEACHING STAFF, EQUIPMENT AND FACILITIES TO EDUCATIONAL ESTABLISHMENTS AND THROUGH THE PROVISION OF ADVICE AND GUIDANCE;(D) TO SUPPORT OTHER CHARITABLE BODIES WHO ARE REGISTERED WITH THE COMMISSION AND WHO ARE ENGAGED IN ANY OF THE ACTIVITIES LISTED IN (A) TO (C) ABOVE OR ANY OTHER CHARITABLE PURPOSE.

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: General Charitable Purposes · Education/training · The Advancement Of Health Or Saving Of Lives · Disability · The Prevention Or Relief Of Poverty · Get email alerts

Latest income
£44k
Latest spending
£54k
Registered
2014
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity reported a net expenditure of £9,883 for the year, resulting in total unrestricted funds decreasing from £21,105 to £11,222. The trustees' report indicates that reserves are maintained to respond to emergency and normal grant applications, though no specific monetary target is defined. The independent examiner confirmed that no material matters came to attention during the examination of the accounts.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Related-party transaction: Donations from companies controlled by trustee MS Grewal
“During the year the charity received donations of £18,733 (2023: £12,920) from companies controlled by MS Grewal a trustee.” — page 12
“During the year the charity received donations of £8,684 (2023: £4,717) from companies controlled by SS Grewal.” — page 12
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Donations from companies controlled by trustee SS Grewal
“During the year the charity received donations of £18,733 (2023: £12,920) from companies controlled by MS Grewal a trustee.” — page 12
“During the year the charity received donations of £8,684 (2023: £4,717) from companies controlled by SS Grewal.” — page 12
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 3 of 6 completeness components.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

Trustees · trustee networks

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

Operates in: Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/12/2024£44k£54k
31/12/2023£29k£10k
31/12/2022£30k£35k
31/12/2021£64k£60k
31/12/2020£48k£71k

Common questions

Is THE MSG FOUNDATION LIMITED financially healthy?

Per its FY2024 accounts: The accounts state that the charity reported a net expenditure of £9,883 for the year, resulting in total unrestricted funds decreasing from £21,105 to £11,222. The trustees' report indicates that reserves are maintained to respond to emergency and normal grant applications, though no specific monetary target is defined. The independent examiner confirmed that no material matters came to attention during the examination of the accounts. Its FY2024 accounts were independently examined.