Charity Accounts Intelreading the accounts so you don’t have to

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

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
£359k
Latest spending
£365k
Registered
2017
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that unrestricted reserves decreased from £29,184 to £13,169, resulting in a net expenditure deficit of £16,015 for the year. The charity relies on continuing financial support from its trustees to meet liabilities, as it does not hold significant cash reserves. Despite this dependency, the trustees confirm the charity is a going concern with adequate resources for the foreseeable future.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Largest income source: Donations and legacies (100% of income)
“Donations and legacies 172,730” — page 9
Per its FY2024 accounts as filed with the Charity Commission.
Reserves policy: a small level of reserves to ensure that it can comfortably meet its operating costs and pay its debts as they fall due (held: £13k)
“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 FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Donations from trustee J Marandi
“During the year J Marandi, a trustee, made payments of £465,000 (2023 - £290,000) to the Charity and pledged donations of £172,730 (2023 - £89,306) to the Charity. The total of outstanding pledges as at 5 April 2024 was £401,031 (2023 - £693,300). 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 FY2024 accounts as filed with the Charity Commission.

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

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 7.0 months; 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
05/04/2025£359k£365k
05/04/2024£173k£189k
05/04/2023£89k£108k
05/04/2022£926k£930k
05/04/2021£263k£279k

Common questions

Is THE MARANDI FOUNDATION financially healthy?

Per its FY2024 accounts: The accounts state that unrestricted reserves decreased from £29,184 to £13,169, resulting in a net expenditure deficit of £16,015 for the year. The charity relies on continuing financial support from its trustees to meet liabilities, as it does not hold significant cash reserves. Despite this dependency, the trustees confirm the charity is a going concern with adequate resources for the foreseeable future. Its FY2024 accounts were independently examined.