PALLE MOELLER FOUNDATION

Registered charity 328535 · accounts filings on the Charity Commission register

General Charitable purposes in education training medical health & sports for deserving ugandans thorugh a committee of vouluntary members submiting and selecting deserving cases to attend to.

Objects

1. TO ADVANCE THE EDUCATION OF THE PUBLIC IN ALL SUBJECTS OF LEARNING INCLUDING AGRICULTURE, MEDICINE, CRAFTS, BUSINESS AND THE LIBERAL ARTS THROUGHOUT THE WORLD. 2. TO RELIEVE POVERTY THROUGHOUT THE WORLD. 3. TO PROVIDE HOUSING AND ACCOMMODATION TO THOSE PERSONS THROUGHOUT THE WORLD WHO BY VIRTUE OF THEIR CIRCUMSTANCES ARE IN NEED OF SUCH FACILITIES. 4. TO PROMOTE PUBLIC HEALTH THROUGH THE PROVISION OF HEALTH CARE TO THOSE PERSONS THROUGHOUT THE WORLD WHO BY VIRTUE OF THEIR CIRCUMSTANCES ARE IN NEED OF SUCH FACILITIES. 5. TO RELIEVE PERSONS THROUGHOUT THE WORLD WHO ARE SUFFERING HARDSHIP AS A RESULT OF DROUGHT, EARTHQUAKE, FLOOD OR OTHER NATURAL DISASTER OR WHO BY REASON OF THEIR SOCIAL AND ECONOMIC CONDITIONS ARE IN NEED OF ASSISTANCE.

Area of benefit: SEE OBJECTS

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: Education/training · The Advancement Of Health Or Saving Of Lives · Disability · The Prevention Or Relief Of Poverty · Economic/community Development/employment · website · Get email alerts

Latest income
£72k
Latest spending
£70k
Registered
1990
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a net income of £2,200 for the year ended 31 March 2025, following a significant prior-year deficit. Per the trustees' report, the charity has adequate operational funds to continue as a going concern, despite noting that some funds were withheld by the Central Bank of Uganda due to the liquidation of Mercantile Credit Bank Ltd.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves position: below the charity's own stated reserves policy (held: £14k; policy: The value of the Endowment Fund was maintained at £105,843 as per the Foundation policy.)
“The value of the Endowment Fund was maintained at £105,843 as per the Foundation policy.” — page 5
Per its FY2025 accounts as filed with the Charity Commission.
Going concern: noted by the trustees or auditor
“The charity, despite its reserves being withheld by Bank of Uganda under the recently liquidated Mercantile Credit Bank Ltd, has adequate operational funds to enable it continue as a going concern for the foreseeable future.” — page 5
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: The document explicitly states in Note 13 that there were no related party transactions for the year ended 31st March 2025. The 'Token of Appreciation' section mentions partners like GMACH Group and Capricorn Africa Trust-UK, but these are not disclosed as transactions in the financial notes.
“There were no related party transactions for the year ended 31st March 2025.” — page 18
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

Trustees · trustee networks

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

Operates in: Uganda

Income and spending

Financial year endIncomeSpending
31/03/2025£72k£70k
31/03/2024£70k£263k
31/03/2023£51k£40k
31/03/2022£88k£54k
31/03/2021£57k£61k

Common questions

Is PALLE MOELLER FOUNDATION financially healthy?

Per its FY2025 accounts: The accounts state that the charity reported a net income of £2,200 for the year ended 31 March 2025, following a significant prior-year deficit. Per the trustees' report, the charity has adequate operational funds to continue as a going concern, despite noting that some funds were withheld by the Central Bank of Uganda due to the liquidation of Mercantile Credit Bank Ltd. Its FY2025 accounts were independently examined.