ECHO INTERNATIONAL HEALTH SERVICES LIMITED
The charity aims to improve in healthcare to people in underdeveloped countries, particularly in rural areas of sub-Saharan Africa, where access to appropriate levels of healthcare is very difficult.
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net expenditure of £114,000 for the year ended 31 December 2024, resulting in a net movement in funds of £(43,228). Per the trustees' report, unrestricted funds held totalled £1,367,482, with free reserves standing at £11,166 due to capital draw-down. The trustees consider the financial position to be satisfactory and note there is no material uncertainty regarding the charity's ability to continue as a going concern.
What the accounts disclose
“Investments 3 40,188” — page 8
“The level of free reserves stands at £11,166 (2023: £64,582). Free reserves show a significant reduction from 2023 due to capital draw-down and careful cash management. This reduced liquidity is not a concern to the trustees as funds can be made available from the investments within a few days.” — page 5
“Expenses were paid to 3 trustees (2023: 2) for travel to trustees meetings which amounted to £380 (2023: £253) in the year. There were no other related party transactions (2023: none)”
Trustees
- Dr Nicholas Woodingchair
- Alan Butler
- Andrew Peter Jong
- DR IAN CAMPBELL
- Stanford Muzavazi
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £43k | £157k |
| 31/12/2023 | £38k | £120k |
| 31/12/2022 | £45k | £117k |
| 31/12/2021 | £50k | £153k |
| 31/12/2020 | £45k | £166k |
Common questions
Is ECHO INTERNATIONAL HEALTH SERVICES LIMITED financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net expenditure of £114,000 for the year ended 31 December 2024, resulting in a net movement in funds of £(43,228). Per the trustees' report, unrestricted funds held totalled £1,367,482, with free reserves standing at £11,166 due to capital draw-down. The trustees consider the financial position to be satisfactory and note there is no material uncertainty regarding the charity's ability to continue as a going concern. Its FY2024 accounts were independently examined.
Who funds ECHO INTERNATIONAL HEALTH SERVICES LIMITED?
Funders whose own accounts filings name ECHO INTERNATIONAL HEALTH SERVICES LIMITED as a grant recipient include G M MORRISON CHARITABLE TRUST, THE MILLICHOPE FOUNDATION.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| G M MORRISON CHARITABLE TRUST | FY2023 | £4k | |
| THE MILLICHOPE FOUNDATION | FY2023 | £3k | |
| THE MILLICHOPE FOUNDATION | FY2022 | £2k | |
| G M MORRISON CHARITABLE TRUST | FY2022 | £2k |