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

MAGSONS FOUNDATION

Registered charity 1184664 · accounts filings on the Charity Commission register

The Charity will be supporting the under privileged and orphan children by way of cash donations to provide food ,clothes shelter and education in a safe and secure environment . The charity would provide expert help in rehabilitating the children who have suffered abuse and severe poverty.The Charity hopes to do this by working with other charitable organizations and institutions.

Causes: Education/training · The Advancement Of Health Or Saving Of Lives · Disability · The Prevention Or Relief Of Poverty · Get email alerts

Latest income
£81k
Latest spending
£98k
Registered
2019
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity incurred a net loss of £16,165 for the year, reducing its total unrestricted reserves to £5,296. This figure is below the trustees' stated reserves policy target of £10,000 for emergency funding. The trustees acknowledge the shortfall and are working to replace the emergency funds post year end.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves position: below the charity's own stated reserves policy (held: £5k; policy: £10,000)
“Whilst at the period end the emergency fund was below the stated amounts, the trustees are working to ensure this was replaced and rectified post year end.” — page 11
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Ethiopia · India · Kenya · Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/07/2025£81k£98k
31/07/2024£9k£32k
31/07/2023£15k£34k
31/07/2022£34k£25k
31/07/2021£75k£29k

Common questions

Is MAGSONS FOUNDATION financially healthy?

Per its FY2025 accounts: The accounts state that the charity incurred a net loss of £16,165 for the year, reducing its total unrestricted reserves to £5,296. This figure is below the trustees' stated reserves policy target of £10,000 for emergency funding. The trustees acknowledge the shortfall and are working to replace the emergency funds post year end. Its FY2025 accounts were independently examined.

Who funds MAGSONS FOUNDATION?

Funders whose own accounts filings name MAGSONS FOUNDATION as a grant recipient include ENFIELD LIONS CLUB (CIO).

Known funders

Grants to this charity found in funders’ own accounts filings.

FunderYearAmountPurpose (as stated by the funder)
ENFIELD LIONS CLUB (CIO)FY2024£75kfor the completion of the secondary school block and commencement of construction of a vocational training facility at the Children of the Rising Sun School in