Charity Accounts Intelreading the accounts so you don’t have to

MEDACCESS TRUST

Registered charity 1203415 · accounts filings on the Charity Commission register

MedAccess Trust is a charity that aims to help improve access to healthcare for people living in underserved communities. We do this by raising funds to provide grants to organisations such as MedAccess Guarantee Ltd., which use innovative finance tools to make health products more affordable and available in low- and middle-income countries.

Causes: Education/training · The Advancement Of Health Or Saving Of Lives · Grant history (this charity is a funder) · website · Get email alerts

Latest income
£162k
Latest spending
£133k
Registered
2023
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the Trust held unrestricted reserves of $49,634 at the end of the financial year, an increase from the previous year. The Trustees consider this amount to be in accordance with their reserves policy, which targets a minimum of three months' operating costs. The auditors confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified.

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

What the accounts disclose

Largest income source: MedAccess Guarantee Ltd (100% of income)
“Donations were from MedAccess Guarantee Ltd in the form of cash and a write-off of a loan and were unrestricted in nature.”
Per its FY2024 accounts as filed with the Charity Commission.
Reserves policy: three months' operating costs (held: £50k)
“Having regard to these risks, the Trustees considered that a minimum of three (3) months’ operating costs should be retained by the Trust in its current accounts with HSBC UK Bank plc.” — page 7
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Deloitte LLP. Discloses 5 of 6 completeness components.

Funders the charity credits

Named as funders/supporters on the charity’s own website (the charity’s claim, distinct from accounts-verified grants).

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

Structured financials (annual return, FY ending 31/12/2023)

Total income
£1.2m
Total spending
£1.2m
Reserves (reported)
£9k
Employees
1

Reported reserves equal ~0.1 months of spending — in the bottom quarter for charities its size (median 7.0 months; benchmarks).

Per its annual return, largest income source: Donations and legacies (100% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 0.0% of total income — below the median for charities its size (2.9%) (benchmarks).

Trustees · trustee networks

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

Operates in: Albania · Andorra · Angola · Armenia · Bangladesh · Belarus · Belize · Benin · Bhutan · Bosnia And Herzegovina · Botswana · Burkina Faso

Income and spending

Financial year endIncomeSpending
31/12/2024£162k£133k
31/12/2023£1.2m£1.2m

Common questions

Is MEDACCESS TRUST financially healthy?

Per its FY2024 accounts: The accounts state that the Trust held unrestricted reserves of $49,634 at the end of the financial year, an increase from the previous year. The Trustees consider this amount to be in accordance with their reserves policy, which targets a minimum of three months' operating costs. The auditors confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified. Its FY2024 accounts were audited by Deloitte LLP.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

FunderSimilar charities fundedAmount to them
THE REED FOUNDATION1—
SANTANDER UK FOUNDATION LIMITED1£264k
THE MERCERS CHARITABLE FOUNDATION1£197k
THE CHARTERED INSTITUTE OF MARKETING CHARITABLE TRUST1£112k
SCREENSKILLS LIMITED1£103k
THE JOSEPH ROWNTREE CHARITABLE TRUST1£100k
THE PATRICK & HELENA FROST FOUNDATION1£63k
THE VASEPPI TRUST1£60k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with MEDI TECH TRUST.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
MEDACCESS TRUST£162k—0above—no doubt
MEDI TECH TRUST FY2025£131k—0unclear—no doubt
MEDIC ASSIST INTERNATIONAL FY2024£237k—0unclear—no doubt
THE MEDIA TRUST FY2025£1.9m——above—no doubt
MEDICAL AID FILMS LIMITED FY2024£245kUnder £60,0000unclear—no doubt
THE MEDLOCK CHARITABLE TRUST FY2025£1.1m—0unclear—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.