PROSPER OPERATIONS LIMITED

Registered charity 1205480 · accounts filings on the Charity Commission register · also known as PROSPER

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.

Causes: Education/training · Disability · The Prevention Or Relief Of Poverty · Economic/community Development/employment · Other Charitable Purposes · website · Get email alerts

Latest income
£192k
Latest spending
£151k
Registered
2023
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity's policy is to maintain reserves equivalent to the operational costs required to deliver one cohort of its activities (approximately four months), with a target reserve amount of £52,000 for 2025. However, the accounts also note that the designated Sustainability Fund currently holds only £7,473, meaning the charity has not yet achieved its stated reserves policy target.

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

What the accounts disclose

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

Trustees · trustee networks

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

Operates in: Sierra Leone

Income and spending

Financial year endIncomeSpending
31/12/2024£192k£151k
31/12/2023£129k£80k

Common questions

Is PROSPER OPERATIONS LIMITED financially healthy?

Per its FY2024 accounts: The accounts state that the charity's policy is to maintain reserves equivalent to the operational costs required to deliver one cohort of its activities (approximately four months), with a target reserve amount of £52,000 for 2025. However, the accounts also note that the designated Sustainability Fund currently holds only £7,473, meaning the charity has not yet achieved its stated reserves policy target. Its FY2024 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

Register facts shown side by side: a person serves as trustee of both this charity and a funder whose accounts record grants to it. Shared trusteeship is lawful and common; well-run charities manage it through declared-interest procedures.

Known funders

Grants to this charity found in funders’ own accounts filings.

FunderYearAmountPurpose (as stated by the funder)
THE FUNDING NETWORKFY2025£17k
GIFT GROW GOODFY2025£2k