BURMA SKINCARE INITIATIVE
Financial health, per its FY2025 accounts
The accounts state that the charity incurred a deficit of £85,584 for the year, with total expenditure of £417,998 exceeding incoming resources of £332,414. Per the trustees' report, the operating deficit was supported by a loan from a trustee, and unrestricted funds have fallen to a negative balance of £75,508. The trustees remain satisfied that income is sufficient to meet annual operating expenditure, though the charity relies on external funding and trustee loans to bridge the gap.
What the accounts disclose
“Unrestricted funds (75,508)”
“In this financial year the expenditure was supported by a loan of £70,000 from Professor Christopher Griffiths (chair). £50,000 has been repaid to date.” — page 12
“A loan of £70,000 was made by Professor Christopher Grifftiths. This has been partly repaid in 2025/2026 leaving £20,000 currently due.” — page 19
Year-over-year changes
- Going concern: no going-concern doubt (FY2024) → going-concern doubt noted (FY2025).
Trustees
- Professor Christopher Ernest Maitland Griffithschair
- Dr Su Mar Lwin
- Stephen George Nyuk Sheoung Lue
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 01/04/2025 | £332k | £418k |
| 01/04/2024 | £971 | £7k |
| 01/04/2023 | £110 | £10k |
| 01/04/2022 | £11k | £5k |
| 01/04/2021 | £31k | £0 |
Common questions
Is BURMA SKINCARE INITIATIVE financially healthy?
The accounts state that the charity incurred a deficit of £85,584 for the year, with total expenditure of £417,998 exceeding incoming resources of £332,414. Per the trustees' report, the operating deficit was supported by a loan from a trustee, and unrestricted funds have fallen to a negative balance of £75,508. The trustees remain satisfied that income is sufficient to meet annual operating expenditure, though the charity relies on external funding and trustee loans to bridge the gap. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE CAMELLIA FOUNDATION | 1 | £50k |
| THE EVAN CORNISH FOUNDATION | 1 | £25k |
| THE BOLTINI TRUST | 1 | £20k |
| PETER STORMONTH DARLING CHARITABLE TRUST | 1 | £5k |
| THE ANCHOR FOUNDATION | 1 | £5k |
| THE TULA TRUST LIMITED | 1 | £4k |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CHRIST CHURCH, CHORLEYWOOD | 1 | £3k |
| MISS E F RATHBONE CHARITABLE TRUST | 1 | £2k |