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

MAGNIFY FOUNDATION

Registered charity 1194854 · accounts filings on the Charity Commission register

Trustees expect that grants will support one or both of the following outcomes:-To advance the Christian faithTo relieve those in need, by reason of youth, age, ill-health, disability, financial hardship or other disadvantageTrustees are particularly keen to support individuals and small to medium sized community organisations who are at a pivotal point in their development.

Causes: Disability · Religious Activities · Grant history (this charity is a funder) · website · Get email alerts

Latest income
£216k
Latest spending
£460k
Registered
2021
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that unrestricted reserves decreased significantly from £301,503 to £47,581, driven by charitable grants exceeding incoming resources. The trustees report that the budgeted income and expenditure, combined with current reserves, are sufficient for the charity to continue as a going concern. The charity's model aims for a two-year turnaround of funds, with unrestricted cash reserves held at £53,005 to meet short-term operating requirements.

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

What the accounts disclose

Largest income source: Donations (100% of income)
“Income from donations was £215,000 (2024: £100,000) of which £215,000 (2024: £100,000) was attributable to unrestricted funds.” — page 15
Per its FY2025 accounts as filed with the Charity Commission.
Reserves policy: minimum cash reserve of £3,000 (held: £48k)
“As a grant-making foundation, the Charity does not aim to retain reserves other than a minimum cash reserve of £3,000 to ensure the Charity has sufficient liquidity to meet any short-term operating requirements.” — page 6
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Donations from DCMS Holdings Limited
“During the previous year, the Charity received donations from DCMS Holdings Limited, a company in which B J Collins and N J Davis are directors. The amount received during the previous year was £100,000.” — page 17
“During the year, the Charity received donations from BCJC Property Limited, a company in which B J Collins and N J Davis are directors. The amount received during the year was £215,000 (2024: £nil).” — page 17
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Donations from BCJC Property Limited
“During the previous year, the Charity received donations from DCMS Holdings Limited, a company in which B J Collins and N J Davis are directors. The amount received during the previous year was £100,000.” — page 17
“During the year, the Charity received donations from BCJC Property Limited, a company in which B J Collins and N J Davis are directors. The amount received during the year was £215,000 (2024: £nil).” — page 17
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Structured financials (annual return, FY ending 31/12/2021)

Total income
£604k
Total spending
£130k
Reserves (reported)
£475k
Employees
0

Reported reserves equal ~44.0 months of spending — in the top quarter for charities its size (median 7.0 months; benchmarks).

Per its annual return, largest income source: Donations and legacies (99% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 0.0% of total income — below the median for charities its size (2.9%) (benchmarks).

Trustees · trustee networks

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

Operates in: Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/12/2025£216k£460k
31/12/2024£299k£439k
31/12/2023£375k£295k
31/12/2022£232k£450k
31/12/2021£604k£130k

Common questions

Is MAGNIFY FOUNDATION financially healthy?

Per its FY2025 accounts: The accounts state that unrestricted reserves decreased significantly from £301,503 to £47,581, driven by charitable grants exceeding incoming resources. The trustees report that the budgeted income and expenditure, combined with current reserves, are sufficient for the charity to continue as a going concern. The charity's model aims for a two-year turnaround of funds, with unrestricted cash reserves held at £53,005 to meet short-term operating requirements. Its FY2025 accounts were independently examined.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

FunderSimilar charities fundedAmount to them
THE BISHOP RADFORD TRUST1£2k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with THE MAGENI TRUST.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
MAGNIFY FOUNDATION£216k—0above—no doubt
THE MAGENI TRUST FY2025£145k—0within—no doubt
THE MATTHEW 25 35 TRUST FY2025£107k—0unclear—no doubt
Kingdom Impact FY2025£171k—0unclear—no doubt
IMPACT GOSPEL CENTRE FY2024£323k—0above—no doubt
The Trust Foundation FY2024£3.0m—0above—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.