MLINDA FOUNDATION
Financial health, per its FY2024 accounts
The accounts state that the Foundation reported a consolidated deficit of €629,568 for the year ended 31 March 2024, resulting in net current liabilities of €597,227. The Trustees rely on loans and grants from connected parties to fund operations, acknowledging that there is no certainty this support will continue, though they remain confident in the going concern basis.
What the accounts disclose
“At the Balance Sheet date this was assessed to be €75,000 and the foundation had net current liabilities of €597,227.” — page 9
“The Foundation has a wholly owned subsidiary, Mlinda Sustainable Environment Private Limited (“MPL”).” — page 7
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Sally Elizabeth Anne Chandlerchair
- Liesl Maria Patricia Eisenbeiss
- Richard Azarnia
- Sachitt Chandaria
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £818k | £1.1m |
| 31/03/2024 | £631k | £1.2m |
| 31/03/2023 | £977k | £1.5m |
| 31/03/2022 | £415k | £1.2m |
| 31/03/2021 | £629k | £1.6m |
Common questions
Is MLINDA FOUNDATION financially healthy?
The accounts state that the Foundation reported a consolidated deficit of €629,568 for the year ended 31 March 2024, resulting in net current liabilities of €597,227. The Trustees rely on loans and grants from connected parties to fund operations, acknowledging that there is no certainty this support will continue, though they remain confident in the going concern basis. Its FY2024 accounts were audited by TC Group.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| MRS WATERHOUSE CHARITABLE TRUST | 1 | £410k |
| BLISS FAMILY CHARITY | 1 | £82k |
| THE HEADLEY TRUST | 1 | £57k |
| HALCROW FOUNDATION | 1 | £57k |
| ALLAN AND NESTA FERGUSON CHARITABLE SETTLEMENT | 1 | £25k |
| THE SIMMONS AND SIMMONS CHARITABLE FOUNDATION | 1 | £18k |
| ALTOR FOUNDATION | 1 | £11k |
| DAVID LISTER CHARITABLE TRUST | 1 | £7k |