MEDWAY AFRICAN AND CARIBBEAN ASSOCIATION
We run a weekly drop in for senior citizens. We hold an annual young Black achievers awards. We develop and deliver projects that promote diversity and celebrate heritage and culture. We work with partners across statutory, voluntary, private sectors to achieve our objectives. We work with young people with regards to culture, arts and education.
Financial health, per its FY2025 accounts
The accounts state that the charity ended the year with a net increase in funds of £27,587.56, bringing the closing bank balance to £94,179.88. Per the trustees' report, the charity maintains a strong financial position and operates within its reserves policy to ensure continuity of services. The majority of income was derived from grant funding, which constituted over 80% of total income.
What the accounts disclose
“Grants: this constituted over 80% of the income.”
“MACA's reserve policy is to maintain a minimum level of reserves equivalent to two months of its average annual expenditure, unrestricted funds, based on the average expenditure the previous 3 financial years.”
Funders the charity credits
- Landmark grant provider (unnamed in snippet)
Register events
- Received assets from another charity (29/05/2020)
Trustees
- Dr Carol Stewartchair
- Amanda Halpin
- Andrew Leslie
- Lady Ima Ama Jane Brown
- PATRICIA COOPER
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £123k | £95k |
| 31/03/2024 | £101k | £79k |
| 31/03/2023 | £54k | £75k |
| 31/03/2022 | £141k | £94k |
| 31/03/2021 | £85k | £76k |
Common questions
Is MEDWAY AFRICAN AND CARIBBEAN ASSOCIATION financially healthy?
Per its FY2025 accounts: The accounts state that the charity ended the year with a net increase in funds of £27,587.56, bringing the closing bank balance to £94,179.88. Per the trustees' report, the charity maintains a strong financial position and operates within its reserves policy to ensure continuity of services. The majority of income was derived from grant funding, which constituted over 80% of total income. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 19/05/2023 | £10k | Our Windrush stories: connecting generations |
| Sport England | 09/11/2022 | £6k | Jubilee Fund - Activate Youth Sports programme |
| The National Lottery Heritage Fund | 17/08/2020 | £10k | "COVID19 Medway African Caribbean Association" |
| The National Lottery Heritage Fund | 19/07/2016 | £68k | "Black History live" |