MEDIC MALAWI

Registered charity 1198394 · accounts filings on the Charity Commission register

(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.

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

Causes: General Charitable Purposes · Education/training · The Advancement Of Health Or Saving Of Lives · Disability · The Prevention Or Relief Of Poverty · Economic/community Development/employment · website · Get email alerts

Latest income
£61k
Latest spending
£75k
Registered
2022
Accounts read
FY2024

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.

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

What the accounts disclose

Reserves policy: minimum twelve months of normal operations (held: £72k)
“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
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 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.

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

Register events

Trustees · trustee networks

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

Operates in: Malawi

Income and spending

Financial year endIncomeSpending
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.