MAGNIFY COLLECTIVE

Registered charity 1197908 · accounts filings on the Charity Commission register · also known as MAGNIFY

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Latest income
£193k
Latest spending
£200k
Registered
2022
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that total expenses of £200,329 exceeded combined income of £193,168 for the period. The charity reports no reserves policy and held a bank balance of £338 at the end of the reporting period. The trustees declare that no uncertainties about the charity continuing as a going concern are foreseen.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Largest income source: Donations from individuals
The income comprised mostly donations from individuals.
Per its FY2024 accounts as filed with the Charity Commission.

Discloses 3 of 6 completeness components.

Public profiles (found on the charity’s own website): instagram

Trustees · trustee networks

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

Operates in: Throughout London

Income and spending

Financial year endIncomeSpending
31/12/2024£193k£200k
31/12/2023£227k£230k
31/12/2022£146k£137k

Common questions

Is MAGNIFY COLLECTIVE financially healthy?

Per its FY2024 accounts: The accounts state that total expenses of £200,329 exceeded combined income of £193,168 for the period. The charity reports no reserves policy and held a bank balance of £338 at the end of the reporting period. The trustees declare that no uncertainties about the charity continuing as a going concern are foreseen.