MEDEWELL INTERNATIONAL
The objectives of the charity is to raise funds from donors and support projects for the prevention and relief of poverty in East Africa and in particular Tanzania.
Financial health, per its FY2024 accounts
The accounts state that the charity operated at a net deficit of £15,621 for the year, reducing its unrestricted reserves from £29,753 to £14,132. The trustees report that the charity has no administrative expenses or borrowing and is well placed to continue activities for the foreseeable future. Per the trustees' report, the charity relies entirely on voluntary donations to fund its charitable projects in Tanzania.
What the accounts disclose
“The trustees are pleased to note that all donations received have been spent without any administration fees or any cost to reduce the amount received from donors.” — page 4
Trustees
- Asgher Sultan
- Sajjad Manji
- Sajjad Tejani
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £198k | £214k |
| 31/12/2023 | £240k | £244k |
| 31/12/2022 | £237k | £267k |
| 31/12/2021 | £167k | £107k |
| 31/12/2020 | £68k | £65k |
Common questions
Is MEDEWELL INTERNATIONAL financially healthy?
Per its FY2024 accounts: The accounts state that the charity operated at a net deficit of £15,621 for the year, reducing its unrestricted reserves from £29,753 to £14,132. The trustees report that the charity has no administrative expenses or borrowing and is well placed to continue activities for the foreseeable future. Per the trustees' report, the charity relies entirely on voluntary donations to fund its charitable projects in Tanzania. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| MEETINGS INDUSTRY MEETING NEEDS | 1 | £76k |
| THE BEATRICE GILMORE CHARITABLE TRUST | 1 | £64k |
| THE FYRISH FOUNDATION | 1 | £25k |
| ALLAN AND NESTA FERGUSON CHARITABLE SETTLEMENT | 1 | £23k |
| THE REED FOUNDATION | 1 | £18k |
| C B AND H H TAYLOR 1984 TRUST | 1 | £12k |
| THE WILLIAM ALLEN YOUNG CHARITABLE TRUST | 1 | £11k |
| DAVID LISTER CHARITABLE TRUST | 1 | £7k |
Charities like this
- ANGEL WELFARE AND EDUCATION TRUST
- Mikuyu Tanzania
- MEDICAL AND EDUCATIONAL AID TO KENYA
- MYMALAWI
- SWANLAND EDUCATION AFRICA TRUST
- THE SHANLEY CHARITABLE TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| MEDEWELL INTERNATIONAL | £198k | — | 0 | unclear | 0.0% | no doubt |
| ANGEL WELFARE AND EDUCATION TRUST | £1.2m | — | 0 | unclear | — | no doubt |
| Mikuyu Tanzania | £240k | — | 0 | unclear | 10.8% | no doubt |
| MEDICAL AND EDUCATIONAL AID TO KENYA | £97k | — | 0 | above | — | no doubt |
| MYMALAWI | £212k | — | 0 | below | — | no doubt |
| SWANLAND EDUCATION AFRICA TRUST | £103k | — | 0 | below | — | no doubt |