THE KOBY FOUNDATION
The Koby Foundation is now a registered charity No# 1184500. It received its name after a little boy called Koby died suffering from serious injuries and malnutrition. Since then Marie Willis has been working with our friend Sala in Amasaman,a poor suburb of Accra Ghana. Children are fed and schooled on a daily basis and given advantages beyond their reach with much success.
Financial health, per its FY2025 accounts
The accounts state that total unrestricted reserves stood at £95,625, which is above the trustees' stated policy target of three months of unrestricted expenditure (approximately £2,500). The charity reported a net income surplus of £5,704 for the year, indicating that income exceeded charitable and administrative expenditures.
What the accounts disclose
“The Trustees have determined that the appropriate level of free reserves which are not invested in tangible fixed assets should be equivalent to three months of the charity's total unrestricted expenditure, after deducting relevant income which is approximately €2,500.” — page 7
Register events
- Received assets from another charity (24/02/2023)
Trustees
- ROGER TRESCO WILLISchair
- EMILY ELIZABETH WILLIS
- JESSICA NAOMI POZNANSKI
- Julie Lynne Hitchcock
- MARIE ANN WILLIS
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £63k | £57k |
| 31/03/2024 | £65k | £72k |
| 31/03/2023 | £47k | £41k |
| 31/03/2022 | £55k | £41k |
| 31/03/2021 | £76k | £31k |
Common questions
Is THE KOBY FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that total unrestricted reserves stood at £95,625, which is above the trustees' stated policy target of three months of unrestricted expenditure (approximately £2,500). The charity reported a net income surplus of £5,704 for the year, indicating that income exceeded charitable and administrative expenditures. Its FY2025 accounts were independently examined.