MANAN TRUST
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
“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
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?
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 |
|---|---|---|
| KIDASHA | FY2024 | £239k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| ZOUQ FOUNDATION | 1 | — |
| THE PWC FOUNDATION | 1 | £15k |
| GLOBAL REACH | 1 | £6k |
| Evelyn Partners Charitable Trust | 1 | £0 |