MEDEWELL INTERNATIONAL
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
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?
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 |
|---|---|---|
| DAVID LISTER CHARITABLE TRUST | 1 | £7k |
| COLEFAX CHARITABLE TRUST | 1 | £6k |