THE MARANDI FOUNDATION

Registered charity 1172282 · accounts filings on the Charity Commission register

The Marandi Foundation supports programmes that look to improve children's health and education and also supports cultural history and art

Objects

THE TRUSTEES SHALL HOLD THE TRUST FUND AND ITS INCOME UPON TRUST TO APPLY THEM FOR THE PUBLIC BENEFIT FOR ALL OBJECTS WHICH ARE EXCLUSIVELY CHARITABLE UNDER THE LAW OF ENGLAND AND WALES.

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: General Charitable Purposes · Education/training · The Advancement Of Health Or Saving Of Lives · Disability · The Prevention Or Relief Of Poverty · Arts/culture/heritage/science · Grant history (this charity is a funder) · website · Get email alerts

Latest income
£163k
Latest spending
£152k
Registered
2017
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity operated at a net deficit of £6,090 for the year, reducing unrestricted reserves to £7,079. The charity is reliant on continuing financial support from its trustees, who have pledged donations to meet grant commitments and liabilities as they fall due. The trustees confirm the charity is a going concern with no material uncertainty.

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

What the accounts disclose

Reserves policy: small level of reserves to ensure that it can comfortably meet its operating costs and pay its debts as they fall due (held: £7k)
“The charity therefore holds only a small level of reserves to ensure that it can comfortably meet its operating costs and pay its debts as they fall due.” — page 5
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: J Marandi, a trustee, made payments of £800,000 (2024 - £465,000) to the Charity and pledged donations of £358,613 (2024 as restated - £448,730) to the Charity. The total of outstanding pledges as at 5 April 2025 was £231,507 (2024 as restated - £667,031). These amounts represent agreed donations which will be paid to the Charity at the time the monies are required to fulfil multi-year grant commitments.
“During the year J Marandi, a trustee, made payments of £800,000 (2024 - £465,000) to the Charity and pledged donations of £358,613 (2024 as restated - £448,730) to the Charity. The total of outstanding pledges as at 5 April 2025 was £231,507 (2024 as restated - £667,031). These amounts represent agreed donations which will be paid to the Charity at the time the monies are required to fulfil multi-year grant commitments.” — page 15
Per its FY2025 accounts as filed with the Charity Commission.

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

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

Structured financials (annual return, FY ending 05/04/2022)

Total income
£926k
Total spending
£930k
Reserves (reported)
£48k
Employees
0

Reported reserves equal ~0.6 months of spending — in the bottom quarter for charities its size (median 7.1 months; benchmarks).

Per its annual return, largest income source: Donations and legacies (100% 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 (3.0%) (benchmarks).

Trustees · trustee networks

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

Operates in: France · Germany · Italy · Netherlands · Spain · Throughout England And Wales · United States

Income and spending

Financial year endIncomeSpending
05/04/2026£163k£152k
05/04/2025£359k£365k
05/04/2024£173k£189k
05/04/2023£89k£108k
05/04/2022£926k£930k

Common questions

Is THE MARANDI FOUNDATION financially healthy?

Per its FY2025 accounts: The accounts state that the charity operated at a net deficit of £6,090 for the year, reducing unrestricted reserves to £7,079. The charity is reliant on continuing financial support from its trustees, who have pledged donations to meet grant commitments and liabilities as they fall due. The trustees confirm the charity is a going concern with no material uncertainty. Its FY2025 accounts were independently examined.