MANAN TRUST
The objectives of Manan Trust are promoting education, health, and poverty relief among children, young people, women, and the disadvantaged groups across Asia. It does so by distributing funds to and working in partnership with local organisations that carry out aligned work in their communities.
Financial health, per its FY2024 accounts
The accounts state that the charity held unrestricted reserves of USD 16,054,487, which significantly exceeds its stated policy target of USD 2,100,000. Per the trustees' report, cash balances are sufficient to cover remaining grant commitments, and the trustees consider there to be no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“During the period, First Sentier Investors (Hong Kong) Ltd, which is part of First Sentier Investors, made unrestricted donations of $2,707,750” — page 26
“This policy requires the Trust to maintain reserves of USD 2,100,000, while the Trust held actual reserves of USD 16,054,487 at 31 December 2024.” — page 11
“During the period, First Sentier Investors (Hong Kong) Ltd, which is part of First Sentier Investors, made unrestricted donations of $2,707,750 (2023: $14,184,002) to the Trust.” — page 26
“Four out of six trustees are employed by First Sentier Investors, a global asset management business, and work on the FSSA Investment Managers team within the company.” — page 26
“During the period, First Sentier Investors (Hong Kong) Ltd, which is part of First Sentier Investors, made unrestricted donations of $2,707,750 (2023: $14,184,002) to the Trust.” — page 26
“Four out of six trustees are employed by First Sentier Investors, a global asset management business, and work on the FSSA Investment Managers team within the company.” — page 26
Corporate structure
- Registered company of the charity Companies House 14333798
Company officers (Companies House)
- JONES, Richard Iwan on trustee list
- STAPLETON, Michael David on trustee list
- MCNAB, Scott Melville on trustee list
- THOMPSON, Alistair James on trustee list
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- Alistair James Thompsonchair
- Michael David Stapleton
- Richard Iwan Jones
- Scott Melville McNab
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £2.7m | £1.3m |
| 31/12/2023 | £11.2m | £23k |
Common questions
Is MANAN TRUST financially healthy?
Per its FY2024 accounts: The accounts state that the charity held unrestricted reserves of USD 16,054,487, which significantly exceeds its stated policy target of USD 2,100,000. Per the trustees' report, cash balances are sufficient to cover remaining grant commitments, and the trustees consider there to be no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2024 accounts were audited by Sayer Vincent LLP.
Who funds MANAN TRUST?
Funders whose own accounts filings name MANAN TRUST as a grant recipient include KIDASHA.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| KIDASHA | FY2024 | £239k | Grants over £50,000 |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| ZOUQ FOUNDATION | 1 | — |
| BAIG WELFARE FOUNDATION | 1 | £35k |
| THE PWC FOUNDATION | 1 | £23k |
| GLOBAL REACH | 1 | £6k |
| Evelyn Partners Charitable Trust | 1 | £0 |
Charities like this
- A G MANLY CHARITABLE TRUST
- THE MANECK TRUST
- MAN GROUP PLC CHARITABLE TRUST
- MADNI TRUST
- MANKIND WELFARE TRUST
- AMANAT CHARITY TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| MANAN TRUST | £2.7m | — | 0 | above | — | no doubt |
| A G MANLY CHARITABLE TRUST | £124k | — | 0 | unclear | — | no doubt |
| THE MANECK TRUST | £41k | — | 0 | unclear | — | noted |
| MAN GROUP PLC CHARITABLE TRUST | £334k | — | 0 | above | — | no doubt |
| MADNI TRUST | £1.2m | — | 0 | above | — | no doubt |
| MANKIND WELFARE TRUST | £921k | — | 0 | below | — | no doubt |