THE MARANDI FOUNDATION
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.
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.
What the accounts disclose
“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
“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
Policies the charity declares
- Complaints handling
- Conflicting interests
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
Structured financials (annual return, FY ending 05/04/2022)
Trustees
- JAVAD MARANDIchair
- Michael Lockett
- NARMINA MARANDI
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 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.