THE MAGPIE PROJECT
Registered charity 1176267 · accounts filings on the Charity Commission register
We provide practical support and advice to mothers and children under five in temporary or insecure accommodation in Newham.We believe all children have a right to a secure, safe place to play, healthy food, engaged parents, and access support no matter what their family circumstances.
Causes: The Prevention Or Relief Of Poverty · website · Get email alerts
Financial health, per its FY2025 accounts
The accounts state that unrestricted funds increased to £168,672, with truly unrestricted reserves of £161,653, which the trustees confirm is just above their policy target of three to six months of expenditure. The charity reported a net income surplus of £61,234 for the year, driven by a 37% increase in total income, while total expenditure rose by 18% due to staffing growth associated with moving to a new building.
Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.
What the accounts disclose
Reserves policy: three and six months of total expenditure (held: £162k)
“The trustees aim to maintain free reserves in unrestricted funds of between three and six months of total expenditure.” — page 17
Per its FY2025 accounts as filed with the Charity Commission.
Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.
Public fundraising profile: JustGiving — The Magpie Project (matched by registered charity number).
Public profiles (found on the charity’s own website): facebook · instagram
Structured financials (annual return, FY ending 31/08/2025)
Cost of raising funds
£43k
Reported reserves equal ~4.6 months of spending — below the median for charities its size (median 5.2 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: 6.8% of total income — above the median for charities its size (4.9%) (benchmarks).
Register events
- Received assets from another charity (19/07/2023) — per the register’s event history; asset transfers typically record mergers or reorganisations.
- Maria Iglesiaschair · trustee of 1 other charity
- Christy Isaac
- Dr Sveta Alladi
- Freya Stock Jones
- Paula Reily
- Samantha Ward
- Theodore Harrison
- Therese Radhika Bynon · trustee of 3 other charities
Trustee list from the Charity Commission register (current, not historical).
Operates in: Newham
Income and spending
Common questions
Is THE MAGPIE PROJECT financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted funds increased to £168,672, with truly unrestricted reserves of £161,653, which the trustees confirm is just above their policy target of three to six months of expenditure. The charity reported a net income surplus of £61,234 for the year, driven by a 37% increase in total income, while total expenditure rose by 18% due to staffing growth associated with moving to a new building. Its FY2025 accounts were independently examined.
Who funds THE MAGPIE PROJECT?
Funders whose own accounts filings name THE MAGPIE PROJECT as a grant recipient include TRUST FOR LONDON, SMALLWOOD TRUST, THE BATCHWORTH TRUST, THE KPMG FOUNDATION, THE BROMLEY TRUST.
Known funders
Grants to this charity found in funders’ own accounts filings.
Government & lottery funding
Grants to this charity published as open data by government and lottery funders (360Giving).
Funders of similar charities
Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.
Charities like this
Semantically similar by activities and financial character, from our analysed corpus. Compare with TWO MAGPIES FUND.
Side by side with its peers
Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.