MEDIC MALAWI
(1) The prevention and relief of poverty or financial hardship; and(2) The relief of sickness and the preservation of health; and(3) The advancement of education;in Malawi by providing or assisting via other charities and/or organisations in the provision of education, training, grants, facilities, and all the necessary support designed to enable individuals, microenterprises and organisatio
Objects
(1) THE PREVENTION AND RELIEF OF POVERTY OR FINANCIAL HARDSHIP; AND(2) THE RELIEF OF SICKNESS AND THE PRESERVATION OF HEALTH; AND(3) THE ADVANCEMENT OF EDUCATION;IN MALAWI BY PROVIDING OR ASSISTING VIA OTHER CHARITIES AND/OR ORGANISATIONS IN THE PROVISION OF EDUCATION, TRAINING, GRANTS, FACILITIES, AND ALL THE NECESSARY SUPPORT DESIGNED TO ENABLE INDIVIDUALS, MICROENTERPRISES AND ORGANISATIONS TO GENERATE A SUSTAINABLE INCOME AND BE SELF-SUFFICIENT.
Financial health, per its FY2024 accounts
The accounts state that the charity operated at a deficit, drawing down £13,665 from reserves to cover the shortfall between £61,103 in income and £74,768 in expenditure. The trustees report that the current free reserves of £72,385 allow for a minimum of twelve months of normal operations, meeting their agreed policy target. The financial review notes a significant shift in income and costs due to the establishment of a local delivery partner, Medicom Foundation.
What the accounts disclose
“Trustees have agreed that the current free reserve amount of £72,385 would allow a minimum twelve months of normal operations. Minimum cash reserve amount has been agreed at three months.” — page 8
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints policy and procedures
- Financial reserves policy and procedures
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
Register events
- Received assets from another charity (05/11/2025)
- Received assets from another charity (20/12/2023)
- Received assets from another charity (14/12/2023)
Trustees
- Sean Keaneychair
- Paul Andrew Clayton
- William Duncan
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £61k | £75k |
| 31/12/2023 | £121k | £95k |
| 31/12/2022 | £0 | £0 |
Common questions
Is MEDIC MALAWI financially healthy?
Per its FY2024 accounts: The accounts state that the charity operated at a deficit, drawing down £13,665 from reserves to cover the shortfall between £61,103 in income and £74,768 in expenditure. The trustees report that the current free reserves of £72,385 allow for a minimum of twelve months of normal operations, meeting their agreed policy target. The financial review notes a significant shift in income and costs due to the establishment of a local delivery partner, Medicom Foundation. Its FY2024 accounts were independently examined.