FEMINENZA INTERNATIONAL
Financial health, per its FY2023 accounts
The accounts state that the charity drew heavily upon its reserves in 2023 to sustain services amidst rising costs and unmet need. The Board determined a minimum unrestricted reserve requirement of £26,650 for 2024, while the actual unrestricted cash funds at year-end were £58,997. The charity underwent an independent examination, which highlighted the need for thorough transaction information, a recommendation the Board agreed to implement.
What the accounts disclose
“According to our Policy on Financial Reserves, the board of trustees has determined that the minimum reserve that will be required in 2024 is £26,650.00.” — page 31
“We drew heavily upon our reserves to continue to support service users.”
Year-over-year changes
- Going concern: no going-concern doubt (FY2022) → going-concern doubt noted (FY2023).
Funders the charity credits
- US AID
Register events
- Received assets from another charity (16/04/2020)
Trustees
- Mary Isabel Noble MAchair
- Editha Elisabeth Johanna Borst MA
- Johanna Louise Morrison
- Monica Petronella Maria Weber-Kester
- Panagiota Aposkiti
- Tyson James Merriam
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £102k | £72k |
| 31/12/2023 | £96k | £98k |
| 31/12/2022 | £115k | £89k |
| 31/12/2021 | £63k | £17k |
| 31/12/2020 | £42k | £18k |
Common questions
Is FEMINENZA INTERNATIONAL financially healthy?
The accounts state that the charity drew heavily upon its reserves in 2023 to sustain services amidst rising costs and unmet need. The Board determined a minimum unrestricted reserve requirement of £26,650 for 2024, while the actual unrestricted cash funds at year-end were £58,997. The charity underwent an independent examination, which highlighted the need for thorough transaction information, a recommendation the Board agreed to implement. Its FY2023 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE KENSINGTON AND CHELSEA FOUNDATION | 1 | £69k |
| WESTWAY TRUST | 1 | £1k |