GATSBY AFRICA
Financial health, per its FY2025 accounts
The accounts state that the Group recorded a net surplus of grant income over charitable expenditure of £1.8 million for the year, with unrestricted reserves held at £10.5 million. The Trustees confirm that sufficient reserves are held to match programme investments and maintain working capital, supported by a letter of ongoing financial support from the Gatsby Charitable Foundation.
What the accounts disclose
“Sufficient reserves are held by the Group to match amounts invested in programme investments and maintain working capital balances.” — page 7
“Gatsby Charitable Foundation has met staff costs of £267,000 (2024: £245,000) apportioned under joint administration arrangements for executive services provided by these Trustees to GA and will continue to do so for the duration of their appointment.”
“Gatsby Charitable Foundation has met staff costs of £267,000 (2024: £245,000) apportioned under joint administration arrangements for executive services provided by these Trustees to GA and will continue to do so for the duration of their appointment.”
“The Consolidated Statement of Financial Activities, Balance Sheet and Cash Flows of the Group incorporate the results of the Charity for the year and of its subsidiary, Msingi East Africa Ltd (see Note 8).” — page 15
Structured financials (annual return, FY ending 05/04/2025)
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £22.5m | £20.7m |
| 05/04/2024 | £20.7m | £16.3m |
| 05/04/2023 | £18.8m | £17.2m |
| 05/04/2022 | £14.6m | £18.8m |
| 05/04/2021 | £23.4m | £15.1m |
Common questions
Is GATSBY AFRICA financially healthy?
The accounts state that the Group recorded a net surplus of grant income over charitable expenditure of £1.8 million for the year, with unrestricted reserves held at £10.5 million. The Trustees confirm that sufficient reserves are held to match programme investments and maintain working capital, supported by a letter of ongoing financial support from the Gatsby Charitable Foundation. Its FY2025 accounts were audited by Crowe U.K. LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE EVAN CORNISH FOUNDATION | 2 | £18k |
| AKO FOUNDATION | 1 | £1.2m |
| ALDRIDGE FOUNDATION CIO | 1 | £131k |
| THE MARK ANTHONY TRUST | 1 | £100k |
| EDUCATIONAL OPPORTUNITY FOUNDATION | 1 | £55k |
| THE ALLEN OVERY SHEARMAN STERLING FOUNDATION | 1 | £50k |
| THE PAUL AND SHEILA BRADSHAW FOUNDATION | 1 | £41k |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MICHAEL NEW MALTON | 1 | £39k |