MYANMAR TRUST UK
Financial health, per its FY2023 accounts
The accounts state that the charity generated a net income of £513,346 for the year ended 30 January 2023, with total income of £1,626,497 against expenditure of £1,113,151. Per the trustees' report, the unrestricted fund balance was £nil, while restricted funds held were £603,780. The trustees confirmed the charity has secured sufficient funding for the next two years and adopted a new Operating Reserves Policy in December 2022.
What the accounts disclose
“As at 30 January 2023 £603,780 was held as restricted funds, the unrestricted fund balance was £nil.” — page 4
Structured financials (annual return, FY ending 30/01/2025)
Trustees
- Vivek Kumarchair
- ELIZABETH MARY TYDEMAN
- Minn Tent Bo
- Moebu Lee
- Stephen Nicholas Manfred King
- ZUNETTA HERBERT
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/01/2025 | £3.0m | £2.6m |
| 30/01/2024 | £1.9m | £1.9m |
| 30/01/2023 | £1.6m | £1.1m |
| 31/01/2022 | £635k | £552k |
| 31/01/2021 | £19 | £64k |
Common questions
Is MYANMAR TRUST UK financially healthy?
The accounts state that the charity generated a net income of £513,346 for the year ended 30 January 2023, with total income of £1,626,497 against expenditure of £1,113,151. Per the trustees' report, the unrestricted fund balance was £nil, while restricted funds held were £603,780. The trustees confirmed the charity has secured sufficient funding for the next two years and adopted a new Operating Reserves Policy in December 2022. Its FY2023 accounts were audited by HW Fisher LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| SHEMTOV CHARITABLE TRUST | 1 | £25k |
| THE EVAN CORNISH FOUNDATION | 1 | £25k |
| PARKLAKE CHARITY TRUST | 1 | £5k |