United Social Ventures
United Social Ventures supports innovative social entrepreneurs in East Africa to design and validate their impact and business models and then fundraise to launch and scale their ventures.
Objects
1) TO DEVELOP THE CAPACITY AND SKILLS OF UNIVERSITY STUDENTS IN SUCH A WAY THAT THEY ARE BETTER ABLE TO IDENTIFY, AND HELP MEET, THEIR NEEDS AND TO PARTICIPATE MORE FULLY IN SOCIETY.2) TO PROMOTE THE VOLUNTARY SECTOR ANYWHERE IN THE WORLD FOR THE BENEFIT OF THE PUBLIC IN PARTICULAR BUT NOT EXCLUSIVELY BY:A) PROMOTING THE VOLUNTARY SECTOR TO UNIVERSITY STUDENTS;B) PROMOTING THE EFFICIENCY AND EFFECTIVENESS OF CHARITIES AND VOLUNTARY ORGANISATIONS; ANDC) PROMOTING EQUALITY AND DIVERSITY BY PROMOTING ACTIVITIES TO FOSTER UNDERSTANDING BETWEEN UNIVERSITY STUDENTS FROM DIVERSE BACKGROUNDS."VOLUNTARY SECTOR" IS DEFINED AS "CHARITIES AND VOLUNTARY ORGANISATIONS".CHARITIES ARE ORGANISATIONS, WHICH ARE ESTABLISHED FOR EXCLUSIVELY CHARITABLE PURPOSES IN ACCORDANCE WITH THE LAW OF ENGLAND AND WALES.VOLUNTARY ORGANISATIONS ARE INDEPENDENT ORGANISATIONS WHICH ARE ESTABLISHED FOR PURPOSES THAT ADD VALUE TO THE COMMUNITY AS A WHOLE, OR A SIGNIFICANT SECTION OF THE COMMUNITY, AND WHICH ARE NOT PERMITTED BY THEIR CONSTITUTION TO MAKE A PROFIT FOR PRIVATE DISTRIBUTION. VOLUNTARY ORGANISATIONS DO NOT INCLUDE LOCAL GOVERNMENT OR OTHER STATUTORY ORGANISATIONS.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net deficit of £1,795 for the year ended 30 June 2025, with total net assets decreasing to £4,860. The filing notes that operating expenses declined due to a restructuring that transitioned staff from fixed salaries to flexible, task-based payments. The trustees highlight that future sustainability depends on securing grant funding to support the venture-building model until it generates sustainable returns.
What the accounts disclose
“Leo Henghes, as a co-founder, is a related party. He was paid a monthly gross salary of £1,600 between July 2024 and June 2025. He worked 2 days per week. We have calculated his in-kind contribution for working at considerably below the market-rate for the year to be £7,990.” — page 18
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
Trustees
- Brian Ndyaguma
- Ivan Kyeswa Mbowa
- Jessica Falkner
- Mary Helda Akongo
- Renee Loades
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/06/2025 | £52k | £54k |
| 30/06/2024 | £72k | £90k |
| 30/06/2023 | £87k | £95k |
| 30/06/2022 | £63k | £64k |
| 30/06/2021 | £42k | £29k |
Common questions
Is United Social Ventures financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net deficit of £1,795 for the year ended 30 June 2025, with total net assets decreasing to £4,860. The filing notes that operating expenses declined due to a restructuring that transitioned staff from fixed salaries to flexible, task-based payments. The trustees highlight that future sustainability depends on securing grant funding to support the venture-building model until it generates sustainable returns. Its FY2025 accounts were audited by Chuckle & Co.