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home >> charity search >> microloan foundation
Finance Score: 8
Governance Score: -3
Support Score: 3
  • Good reserves management: +3
  • Strong growth: +2
  • Fundraising costs low: +3
  • Only 4 Trustees: -1
  • Narrow trustee age band: -2
  • Gov Income
  • Overall weighted support: +3
Overall GiG Score: 8 ?

MICROLOAN FOUNDATION

We are a not-for-profit microfinace institution focussing on sub-saharan africa. Our mission is to significantly reduce the depth and breadth of poverty in the communities within which we operate. We do this by lending money to groups of rural women to help them build sustainable businesses, and by providing meaningful training and ongoing mentoring support.
Analysis by Giving is Great

Positives:

  • The charity has received Government grants
  • Reserves management has been consistently within official guidelines
  • There has been strong growth in spending over the last 5 years
  • Fundraising costs are low relative to funds raised

Regulatory & Governance issues to consider:

  • There are only 4 trustees
  • The Board has little diversity in terms of age

Financial Data ?

Income & Spending ?
Sources of Income ?
Y/E Income
£k		 Spending
£k		 Surplus/
Deficit £k		 Fundraising
Cost £k		 Total
Funds £k		 Unrestricted
Funds £k		 Mths
Rsrvs		 Staff Volun-
teers
31/12/23£6,141£5,622£519£344£1,794£1,7523.726820
31/12/22£5,328£4,763£564£323£2,148£2,1125.325514
31/12/21£3,788£3,153£635£277£1,652£1,6206.223220
31/12/20£3,045£2,818£227£295£915£8473.621620
31/12/19£3,235£2,982£253£348£987£9693.919417
31/12/18£2,676£2,775£-99£359£865£68931660
31/12/17£2,382£2,404£-22£416£1,010£7853.91640
31/12/16£2,006£2,484£-478£550£1,112£9214.41610
31/12/15£2,208£1,961£247£403£1,530£5273.21500
31/12/14£2,032£1,606£426£303£1,693£3882.91340
31/12/13£1,831£1,640£191£308£1,373£1991.51280
31/12/12£1,434£1,594£-160£221£1,507£12711590
31/12/11£1,642£1,515£127£611£1,226£3512.8160
31/12/10£1,292£1,226£66£316£1,160£2242.2190
31/12/09£1,100£1,122£-22£263£914£654770
31/12/08£908£757£151£195£706£4527.250
31/12/07£897£503£395£147£555£3518.440
31/12/06£270£209£61n/an/an/an/an/an/a
31/12/05?£147£101£46n/an/an/an/an/an/a
31/07/04*£0£0£0n/an/an/an/an/an/a
Show more rows -->

Download accounts
Financial Ratios
Fundraising Costs/Relevant Income: 5.7%
Fundraising Costs/Total Spending: 6.1%
Senior Staff Costs/Total Spending: 7%
Highest pay band: £150,000-£200,000
Liabilities/Assets: 77%
Liabilities/Income: 99%
Unrestricted Funds/Total Funds: 98%
Reserves/Spending: 3.7 months
Net Current Assets/Spending: 11 months
Quick Ratio: 0.7
Asset Split ?
Balance Sheet History
Established: 20 years

www.microloanfoundation.org.uk

contact@mlf.org.uk

02088271688

Charity Commission for England and WalesCompanies HouseFacebookInstagramX
UN SDGs
?
Listed activities
  • The Prevention Or Relief Of Poverty
GiG Classification
  • International poverty relief
How it operates
  • Makes grants to individuals
  • Makes grants to organisations
  • Provides other finance
Where it operates
  • Australia, Malawi, United States, Zambia, Zimbabwe,
Who it helps
  • Children/Young People
  • Elderly/Old People
  • The General Public/Mankind

Who supports them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (4)
Current Trustees appointed
Gender Split

Age Range of Trustees: 48-64
  • BERNICE DUNSMUIR Appointed: 2019, Occupation: Solicitor
  • MICHAEL ANTHONY JACKSON (Chair) Appointed: 2019, Occupation: Businessman
  • STEPHEN PAUL STOLLIDAY Appointed: 2022, Occupation: Business Executive
  • STEVEN MARSHALL Appointed: 2022, Occupation: Business Executive
Legal constitution
  • Charitable company registered in England & Wales on 11/06/2004, number: 1104287
  • Registered at Companies House on 10/07/2003, number: 04828558
Gift Aid
  • Registered with HMRC for Gift Aid
Policies in force
  • Complaints handling
  • Conflicting interests
  • Paying staff
  • Risk management
  • Safeguarding vulnerable beneficiaries
  • Volunteer management
Filing Record
20 returns made; AR04: 168 days late,
Main office

1 -2 Paris Garden
LONDON
SE1 8ND

Objectives

THE RELIEF OF FINANCIAL HARDSHIPTHE ADVANCEMENT OF EDUCATIONTHE RELIEF OF SICKNESS BY THE PROVISION WORLDWIDE OF MICROFINANCE SERVICES

Defined Area of Benefit:

WORLDWIDE

Data Sources

Charity Commission for England and Wales

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