PROSPER OPERATIONS LIMITED
Prosper contributes to sustainable economic development and poverty reduction in Sierra Leone. Our activities are designed to equip individuals with essential skills for business establishment and management, enhance their financial independence, and improve their overall economic status.
Objects
(A) THE PREVENTION OR RELIEF OF POVERTY OR FINANCIAL HARDSHIP IN SIERRA LEONE AND OTHER COUNTRIES IN WEST AFRICA BY PROVIDING OR ASSISTING IN THE PROVISION OF EDUCATION, TRAINING, AND ALL THE NECESSARY SUPPORT DESIGNED TO ENABLE INDIVIDUALS TO GENERATE A SUSTAINABLE INCOME AND BE SELF-SUFFICIENT.(B) THE ADVANCEMENT OF EDUCATION AND LEARNING IN BOTH THE UNITED KINGDOM AND ELSEWHERE IN THE SUBJECTS OF ENTREPRENEURSHIP AND GLOBAL DEVELOPMENT.
Financial health, per its FY2025 accounts
The accounts state that total funds increased to £177,842, with unrestricted reserves of £21,959. The trustees report a strong financial position, noting that sufficient restricted funding was secured to cover the majority of planned activities for 2026. The charity's reserves policy aims to maintain four months of operational costs, targeting approximately £69,542.
What the accounts disclose
“During the accounting period the charity received donations from Trustees totalling £2,050.” — page 15
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Volunteer management
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 31/12/2025
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 31/12/2024
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 31/12/2023
- Volunteers: 2
Trustees
- Joanna Mobedchair
- Adriana Claudia Louise Matoussi-Poglia
- Rory Copeland
- Vijayalaxmi Ramachandran Underwood
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £259k | £178k |
| 31/12/2024 | £192k | £151k |
| 31/12/2023 | £129k | £80k |
Common questions
Is PROSPER OPERATIONS LIMITED financially healthy?
Per its FY2025 accounts: The accounts state that total funds increased to £177,842, with unrestricted reserves of £21,959. The trustees report a strong financial position, noting that sufficient restricted funding was secured to cover the majority of planned activities for 2026. The charity's reserves policy aims to maintain four months of operational costs, targeting approximately £69,542. Its FY2025 accounts were independently examined.
Who funds PROSPER OPERATIONS LIMITED?
Funders whose own accounts filings name PROSPER OPERATIONS LIMITED as a grant recipient include THE FUNDING NETWORK, GIFT GROW GOOD.
Shared trustees with funders
- Joanna Mobed — trustee here and at GIFT GROW GOOD
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE FUNDING NETWORK | FY2025 | £17k | |
| GIFT GROW GOOD | FY2025 | £2k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| HOPE WORKS | 1 | £219k |
| SLOANE ROBINSON FOUNDATION | 1 | £95k |
| MARR-MUNNING TRUST | 1 | £30k |
| ALLAN AND NESTA FERGUSON CHARITABLE SETTLEMENT | 1 | £20k |
| THE EVAN CORNISH FOUNDATION | 1 | £18k |
| THE MAURICE AND HILDA LAING CHARITABLE TRUST | 1 | £15k |
| THE PETER STEBBINGS MEMORIAL CHARITY | 1 | £8k |
| WOODLEIGH IMPACT | 1 | £4k |
Charities like this
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| PROSPER OPERATIONS LIMITED | £259k | — | 0 | unclear | — | no doubt |
| RESEED | £136k | — | 0 | unclear | — | no doubt |
| PROSPER MENTAL HEALTH FUND | £200k | — | 0 | unclear | — | no doubt |
| SUPPORTIVE SRC LTD | £5.9m | — | 0 | unclear | — | no doubt |
| SHARED INTEREST FOUNDATION | £683k | — | 0 | above | 3.5% | no doubt |
| UNSEEN PURSUIT | £149k | — | 0 | above | — | no doubt |