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MAGIC BUS GLOBAL

Registered charity 1167487 · accounts filings on the Charity Commission register

Magic Bus Global was established as the international strategic lead and coordinating organisation within the Magic Bus global network to promote, develop, support, oversee and coordinate the delivery of Magic Bus programmes around the world.

Causes: Education/training · The Advancement Of Health Or Saving Of Lives · The Prevention Or Relief Of Poverty · Overseas Aid/famine Relief · Economic/community Development/employment · Recreation · Grant history (this charity is a funder) · website · Get email alerts

Latest income
£973k
Latest spending
£715k
Registered
2016
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that total funds increased to £1,198,620, with free reserves rising to £683,911. The trustees report that budgeted income and expenditure are sufficient to continue as a going concern, noting no material uncertainties exist. The charity received substantial donations from Magic Bus USA, funded by an individual philanthropist, which significantly increased reserves.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Highest-paid employee band: £120,001 - £130,000 — above the 90th percentile for charities its size (median £60k)
“One employee, a trustee of the charity who represents the charity's key management personnel, had emoluments (excluding employer pension costs) above £60,000 in the year in the range £120,000 to £130,000” — page 15
Per its FY2025 accounts as filed with the Charity Commission.
Employees paid over £60,000: 1
“One employee, a trustee of the charity who represents the charity's key management personnel, had emoluments (excluding employer pension costs) above £60,000 in the year in the range £120,000 to £130,000” — page 15
Per its FY2025 accounts as filed with the Charity Commission.
Largest income source: Donations (94% of income)
“Donations of £918,599” — page 5
Per its FY2025 accounts as filed with the Charity Commission.
Payments to trustees: Matthew Spacie received £121,333 in remuneration (salary and bonus).
“Under Matthew’s remuneration package and employment contract, from 1 April to 31 August 2024 Matthew was paid in total £121,333, comprised of salary of £75,833, plus a £45,500 performance bonus” — page 6
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Donations received from Magic Bus USA, funded by Lost Horse LLC (McKenzie Scott).
“Magic Bus Global continued to benefit from substantial donations from Magic Bus USA. whose ultimate source was Lost Horse LLC, a Donor Advised Fund in the USA, sponsored by Silicon Valley Community Fund and funded by an individual philanthropist, McKenzie Scott.” — page 5
“Magic Bus Global made donations to Magic Bus India Foundation for programmes in India from funds ultimately raised by Magic Bus in Singapore” — page 5
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Donations made to Magic Bus India Foundation.
“Magic Bus Global continued to benefit from substantial donations from Magic Bus USA. whose ultimate source was Lost Horse LLC, a Donor Advised Fund in the USA, sponsored by Silicon Valley Community Fund and funded by an individual philanthropist, McKenzie Scott.” — page 5
“Magic Bus Global made donations to Magic Bus India Foundation for programmes in India from funds ultimately raised by Magic Bus in Singapore” — page 5
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Year-over-year changes

Comparing this charity’s FY2024 and FY2025 accounts as analysed by this site.

Funders the charity credits

Named as funders/supporters on the charity’s own website (the charity’s claim, distinct from accounts-verified grants).

Public profiles (found on the charity’s own website): instagram

Structured financials (annual return, FY ending 31/03/2025)

Total income
£973k
Total spending
£715k
Reserves (reported)
£684k
Employees
1

Reported reserves equal ~11.5 months of spending — in the top quarter for charities its size (median 5.2 months; benchmarks).

Per its annual return, largest income source: Donations and legacies (94% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 0.0% of total income — below the median for charities its size (4.9%) (benchmarks).

Trustees · trustee networks

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

Operates in: Bangladesh · Burma · India · Nepal

Income and spending

Financial year endIncomeSpending
31/03/2025£973k£715k
31/03/2024£694k£468k
31/03/2023£843k£691k
31/03/2022£206k£162k
31/03/2021£20k£15k

Common questions

Is MAGIC BUS GLOBAL financially healthy?

Per its FY2025 accounts: The accounts state that total funds increased to £1,198,620, with free reserves rising to £683,911. The trustees report that budgeted income and expenditure are sufficient to continue as a going concern, noting no material uncertainties exist. The charity received substantial donations from Magic Bus USA, funded by an individual philanthropist, which significantly increased reserves. Its FY2025 accounts were independently examined.

What does the highest-paid employee of MAGIC BUS GLOBAL earn?

Per its FY2025 accounts, the highest-paid employee was in the £120,001 - £130,000 band, and 1 employees earned over £60,000.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

FunderSimilar charities fundedAmount to them
THE RAYNE FOUNDATION2£160k
THE CHILDHOOD TRUST2£38k
THE REED FOUNDATION1—
BERNARD LEWIS FAMILY CHARITABLE TRUST1£503k
THE CLORE DUFFIELD FOUNDATION1£200k
THE GEORG AND EMILY VON OPEL FOUNDATION1£185k
THE PRUDENCE TRUST1£175k
CHARITY OF SIR RICHARD WHITTINGTON1£154k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with MAGIC BUS UK.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
MAGIC BUS GLOBAL£973k£120,001 - £130,0001unclear—no doubt
MAGIC BUS UK FY2025£494k—0below—no doubt
THE MAGIC CIRCLE FOUNDATION LIMITED FY2025£211k—0unclear—noted
THE BUS ARCHIVE FY2024£399k—0above—no doubt
MAGIC ME FY2025£446k—0unclear—no doubt
MAGIC MOMENTS FY2024£111k—0unclear—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.