OPERATION FISTULA (UK)
Financial health, per its FY2023 accounts
The accounts state that the charity reported a surplus of £14,213 for the year ended 31 December 2023, with total unrestricted reserves of £114,808. The trustees regard the financial position as satisfactory and believe unrestricted reserves provide a sound base for future activity. The charity is dependent on donation income but considers its current funds sufficient to continue as a going concern.
What the accounts disclose
“The Trustees aim to maintain unrestricted reserves that will provide sufficient funds to cover charitable activities, support, and governance costs.”
“During the year Operation Fistula USA made grants totaling of £188,162.03 (2022: £363,573) to Operation Fistula (UK). Operation Fistula's US entity and Operation Fistula (UK) are founded by Seth Cochran and he is also the CEO of both charities.” — page 24
Structured financials (annual return, FY ending 31/12/2022)
Trustees
- Akinyi Sagoe-Moses
- Caroline Wanjiru Kiunga
- Dr Maureen Kerubo Momanyi
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £362k | £370k |
| 31/12/2023 | £270k | £255k |
| 31/12/2022 | £531k | £587k |
| 31/12/2021 | £353k | £541k |
| 31/12/2020 | £780k | £695k |
Common questions
Is OPERATION FISTULA (UK) financially healthy?
The accounts state that the charity reported a surplus of £14,213 for the year ended 31 December 2023, with total unrestricted reserves of £114,808. The trustees regard the financial position as satisfactory and believe unrestricted reserves provide a sound base for future activity. The charity is dependent on donation income but considers its current funds sufficient to continue as a going concern. Its FY2023 accounts were audited by Sophie Wheeler Accountants Ltd.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE BAND AID CHARITABLE TRUST | 1 | £600k |
| THE KIRBY LAING FOUNDATION | 1 | £20k |
| THE EVAN CORNISH FOUNDATION | 1 | £14k |
| THE PETER STEBBINGS MEMORIAL CHARITY | 1 | £10k |
| THE THOMPSON FAMILY CHARITABLE TRUST | 1 | £10k |
| MUSLIM COMMUNITY & EDUCATION CENTRE (MCEC) | 1 | £5k |
| THE WOGEN ANNIVERSARY TRUST | 1 | £5k |
| THE OAKDALE TRUST | 1 | £2k |