THELMA MATILDA ALVES FOUNDATION
We provide training, workshops, events and resources designed to aid understanding of how mental health manifests in women of African/Caribbean descent and their experience of accessing mental healthcare services and to support the delivery of appropriate mental healthcare services for them. Also, we help women of African/Caribbean descent access mental health and wellbeing treatment.
Financial health, per its FY2025 accounts
The accounts state that the charity generated a surplus of £16,358 for the year ended 31 March 2025, with total funds carried forward amounting to £23,431. The trustees have adopted a reserves policy targeting 3-6 months of expenditure, and the current unrestricted fund balance of £1,697 is below this stated target range. The financial statements were subject to an independent examination rather than a full audit.
What the accounts disclose
“Income this year was £67,249 (2024: £40,073) with an expenditure of £50,891 (2024: £45,583) giving a surplus of £16,358 (2024: £5,510 deficit).” — page 6
“The target range is set at 3- 6 months of our expenditure.” — page 7
Trustees
- Jennifer Brownchair
- Alanna Okunneye
- Donna Henry
- Dr Eno Ekaete Usoroh
- Ifeoma Orhiunu
- Vijaya Govindan
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £67k | £51k |
| 31/03/2024 | £40k | £45k |
| 31/03/2023 | £25k | £15k |
| 31/03/2022 | £14k | £11k |
Common questions
Is THELMA MATILDA ALVES FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that the charity generated a surplus of £16,358 for the year ended 31 March 2025, with total funds carried forward amounting to £23,431. The trustees have adopted a reserves policy targeting 3-6 months of expenditure, and the current unrestricted fund balance of £1,697 is below this stated target range. The financial statements were subject to an independent examination rather than a full audit. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 18/01/2024 | £191k | Black Women Counselling Sponsorship Scheme |
| The National Lottery Community Fund | 06/04/2023 | £7k | Black Women well-being activities |
| Postcode Lottery | 27/05/2022 | £24k | Core funding – overheads, salaries, projects and programmes |