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.

Objects

THE OBJECTS OF THE CIO ARE :-3.1 TO ADVANCE THE CHRISTIAN FAITH; AND3.2 RELIEVE THOSE IN NEED, BY REASON OF YOUTH, AGE, ILL-HEALTH, DISABILITY, FINANCIAL HARDSHIP OR OTHER DISADVANTAGE PRIMARILY BUT NOT EXCLUSIVELY BY PROVIDING GRANTS TO INDIVIDUALS IN NEED AND/OR TO INDIVIDUALS, CHARITIES OR OTHER ORGANISATIONS WORKING TO ADVANCE THE CHRISTIAN FAITH OR RELIEVE THOSE IN NEED AS DESCRIBED IN CLAUSE 3.2.NOTHING IN THIS CONSTITUTION SHALL AUTHORISE AN APPLICATION OF THE PROPERTY OF THE CIO FOR PURPOSES WHICH ARE NOT CHARITABLE IN ACCORDANCE WITH SECTION 7 OF THE CHARITIES AND TRUSTEE INVESTMENT (SCOTLAND) ACT 2005 AND SECTION 2 OF THE CHARITIES ACT (NORTHERN IRELAND) 2008.

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

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

Registered contact address: Dudley, West Midlands, England (from the postcode on the register)

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

Financial health, per its FY2025 accounts

The accounts state that unrestricted funds decreased significantly from £301,503 to £47,581 due to charitable grants expenditure exceeding incoming resources. The trustees confirm the financial statements are prepared on a going concern basis, asserting that no material uncertainties exist regarding the charity's ability to continue operations. Reserves are held above the stated minimum policy target of £3,000 to meet short-term operating requirements and grant commitments.

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

What the accounts disclose

Reserves policy: a minimum cash reserve of £3,000 (reserves figure: £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: Donation from BCJC Property Limited, a company in which B J Collins and N J Davis are directors.
“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
“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
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Donation from DCMS Holdings Limited, a company in which B J Collins and N J Davis are directors.
“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
“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
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

From the charity’s annual return (Part A, self-declared)

Answers and figures the charity gave in Part A of its annual return to the Charity Commission. They are self-declared: not verified by the Commission or by this site. Only positive answers and figures are listed; items not listed are simply not shown.

Self-declared on the annual return for the financial year ending 31/12/2025

  • Grant-making is its main activity

Self-declared on the annual return for the financial year ending 31/12/2024

  • Grant-making is its main activity

Self-declared on the annual return for the financial year ending 31/12/2023

  • Volunteers: 3
  • Grant-making is its main activity

Source: this charity’s annual returns on the Charity Commission register.

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 7.2 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 (3.2%) (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 funds decreased significantly from £301,503 to £47,581 due to charitable grants expenditure exceeding incoming resources. The trustees confirm the financial statements are prepared on a going concern basis, asserting that no material uncertainties exist regarding the charity's ability to continue operations. Reserves are held above the stated minimum policy target of £3,000 to meet short-term operating requirements and grant commitments. 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
TESLAKE LIMITED1£60k
RADSTOCK TRUST CIO1£55k
THE DEO GLORIA TRUST1£5k

Charities like this

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

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
MAGNIFY FOUNDATION£216k——above—no doubt
FIRM FOUNDATION TRUST FY2025£36k——above—no doubt
WONDERFUL GIFT LIMITED FY2025£62k—0unclear—no doubt
G M C TRUST FY2025£164k—0unclear—no doubt
THE THORNTON TRUST FY2025£53k—0unclear—no doubt
MEAD CHARITABLE TRUST FY2025£31k—0below—no doubt

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