CCEW Charity Commission profile

MAGNIFY FOUNDATION

Registered charity 1194854 · organisation 5176501

01 Identity

Registration and reporting

Registration status
Registered
Reporting status
Submission Received
Charity type
CIO
Registered
18 June 2021
Removed
Not supplied
Financial period
1 January 2025 – 31 December 2025
Latest income
£215,701
Latest expenditure
£459,942
Gift Aid
No
Owns or uses land
No
In administration
No
Insolvent
No
CIO
Yes

Public contact address: Wilkes Tranter & Co Limited, Brook House, Moss Grove, Kingswinford, West Midlands, DY6 9HS

Website recorded by the regulator: https://magnify.foundation/ (displayed as text)

02 Activities

What the charity does

Trustees expect that grants will support one or both of the following outcomes:-To advance the Christian faithTo relieve those in need, by reason of youth, age, ill-health, disability, financial hardship or other disadvantageTrustees are particularly keen to support individuals and small to medium sized community organisations who are at a pivotal point in their development.

03 Official extract

Charity Annual Return History

Fin Period Start Date
1 January 2025
Fin Period End Date
31 December 2025
Ar Cycle Reference
AR25
Reporting Due Date
31 October 2026
Date Annual Return Received
23 September 2026
Date Accounts Received
23 September 2026
Total Gross Income
£215,701
Total Gross Expenditure
£459,942
Fin Period Start Date
1 January 2024
Fin Period End Date
31 December 2024
Ar Cycle Reference
AR24
Reporting Due Date
31 October 2025
Date Annual Return Received
20 August 2025
Date Accounts Received
20 August 2025
Total Gross Income
£298,941
Total Gross Expenditure
£439,385
Fin Period Start Date
1 January 2023
Fin Period End Date
31 December 2023
Ar Cycle Reference
AR23
Reporting Due Date
31 October 2024
Date Annual Return Received
13 June 2024
Date Accounts Received
13 June 2024
Total Gross Income
£375,227
Total Gross Expenditure
£294,823
Fin Period Start Date
1 January 2022
Fin Period End Date
31 December 2022
Ar Cycle Reference
AR22
Reporting Due Date
31 October 2023
Date Annual Return Received
28 September 2023
Date Accounts Received
28 September 2023
Total Gross Income
£231,602
Total Gross Expenditure
£450,285
Fin Period Start Date
18 June 2021
Fin Period End Date
31 December 2021
Ar Cycle Reference
AR21
Reporting Due Date
31 October 2022
Date Annual Return Received
19 October 2022
Date Accounts Received
19 October 2022
Total Gross Income
£604,354
Total Gross Expenditure
£129,542

04 Official extract

Charity Annual Return Parta

Latest Fin Period Submitted Ind
Yes
Fin Period Order Number
1
Ar Cycle Reference
AR25
Fin Period Start Date
1 January 2025
Fin Period End Date
31 December 2025
Ar Due Date
31 October 2026
Ar Received Date
23 September 2026
Total Gross Income
£215,701
Total Gross Expenditure
£459,942
Grant Making Is Main Activity
Yes
Count Govt Contracts
0
Count Govt Grants
£0
Charity Has Trading Subsidiary
No
Does Trustee Receive Any Benefit
No
Trustee Payments Acting As Trustee
No
Trustee Receives Payments Services
No
Trustee Receives Other Benefit
No
Trustee Resigned Employment
No
Count Volunteers
0
Latest Fin Period Submitted Ind
No
Fin Period Order Number
2
Ar Cycle Reference
AR24
Fin Period Start Date
1 January 2024
Fin Period End Date
31 December 2024
Ar Due Date
31 October 2025
Ar Received Date
20 August 2025
Total Gross Income
£298,941
Total Gross Expenditure
£439,385
Grant Making Is Main Activity
Yes
Count Govt Contracts
0
Count Govt Grants
£0
Charity Has Trading Subsidiary
No
Does Trustee Receive Any Benefit
No
Trustee Payments Acting As Trustee
No
Trustee Receives Payments Services
No
Trustee Receives Other Benefit
No
Trustee Resigned Employment
No
Count Volunteers
0
Latest Fin Period Submitted Ind
No
Fin Period Order Number
3
Ar Cycle Reference
AR23
Fin Period Start Date
1 January 2023
Fin Period End Date
31 December 2023
Ar Due Date
31 October 2024
Ar Received Date
13 June 2024
Total Gross Income
£375,227
Total Gross Expenditure
£294,823
Grant Making Is Main Activity
Yes
Count Govt Contracts
0
Count Govt Grants
£0
Charity Has Trading Subsidiary
No
Does Trustee Receive Any Benefit
No
Trustee Payments Acting As Trustee
No
Trustee Receives Payments Services
No
Trustee Receives Other Benefit
No
Trustee Resigned Employment
No
Count Volunteers
3
Latest Fin Period Submitted Ind
No
Fin Period Order Number
4
Ar Cycle Reference
AR22
Fin Period Start Date
1 January 2022
Fin Period End Date
31 December 2022
Ar Due Date
31 October 2023
Ar Received Date
28 September 2023
Total Gross Income
£231,602
Total Gross Expenditure
£450,285
Charity Raises Funds From Public
Yes
Charity Professional Fundraiser
No
Charity Commercial Participator
No
Grant Making Is Main Activity
Yes
Charity Receives Govt Funding Contracts
No
Charity Receives Govt Funding Grants
No
Charity Has Trading Subsidiary
No
Does Trustee Receive Any Benefit
No
Trustee Resigned Employment
No
Employees Salary Over 60k
No
Count Volunteers
0
Latest Fin Period Submitted Ind
No
Fin Period Order Number
5
Ar Cycle Reference
AR21
Fin Period Start Date
18 June 2021
Fin Period End Date
31 December 2021
Ar Due Date
31 October 2022
Ar Received Date
19 October 2022
Total Gross Income
£604,354
Total Gross Expenditure
£129,542
Charity Raises Funds From Public
No
Grant Making Is Main Activity
Yes
Charity Receives Govt Funding Contracts
No
Charity Receives Govt Funding Grants
No
Charity Has Trading Subsidiary
No
Does Trustee Receive Any Benefit
No
Trustee Resigned Employment
No
Employees Salary Over 60k
No
Count Volunteers
0

05 Official extract

Charity Annual Return Partb

Latest Fin Period Submitted Ind
No
Fin Period Order Number
5
Ar Cycle Reference
AR21
Fin Period Start Date
18 June 2021
Fin Period End Date
31 December 2021
Ar Due Date
31 October 2022
Ar Received Date
19 October 2022
Income Donations And Legacies
600000
Income Other Trading Activities
0
Income Charitable Activities
0
Income Investments
4354
Income Other
0
Income Total Income And Endowments
604354
Income Legacies
0
Income Endowments
0
Expenditure Raising Funds
£0
Expenditure Charitable Expenditure
£129,542
Expenditure Other
0
Expenditure Total
129542
Expenditure Investment Management
0
Expenditure Grants Institution
127700
Expenditure Governance
1842
Expenditure Support Costs
0
Expenditure Depreciation
0
Gain Loss Investment
0
Gain Loss Pension Fund
0
Gain Loss Revaluation Fixed Investment
0
Gain Loss Other
0
Reserves
£474,812
Assets Total Fixed
104354
Assets Own Use
0
Assets Long Term Investment
104354
Defined Benefit Pension Scheme
0
Assets Other Assets
£372,058
Assets Total Liabilities
£1,600
Assets Current Investment
0
Assets Total Assets And Liabilities
£474,812
Creditors One Year Total Current
1600
Creditors Falling Due After One Year
0
Assets Cash
£372,058
Funds Endowment
0
Funds Unrestricted
474812
Funds Restricted
0
Funds Total
474812
Count Employees
0
Charity Only Accounts
Yes

06 Official extract

Charity Area Of Operation

Geographic Area Type
Region
Geographic Area Description
Throughout England And Wales
Welsh Ind
No

07 Official extract

Charity Classification

Classification Code
207
Classification Type
Who
Classification Description
The General Public/mankind
Classification Code
302
Classification Type
How
Classification Description
Makes Grants To Organisations
Classification Code
301
Classification Type
How
Classification Description
Makes Grants To Individuals
Classification Code
203
Classification Type
Who
Classification Description
People With Disabilities
Classification Code
205
Classification Type
Who
Classification Description
Other Charities Or Voluntary Bodies
Classification Code
201
Classification Type
Who
Classification Description
Children/young People
Classification Code
108
Classification Type
What
Classification Description
Religious Activities
Classification Code
202
Classification Type
Who
Classification Description
Elderly/old People

08 Official extract

Charity Event History

Charity Name
MAGNIFY FOUNDATION
Charity Event Order
1
Event Type
CIO registration
Date Of Event
2021-06-18T00:00:00

09 Official extract

Charity Governing Document

Governing Document Description
CIO - FOUNDATION Registered 18 Jun 2021
Charitable Objects
THE OBJECTS OF THE CIO ARE :-3.1 TO ADVANCE THE CHRISTIAN FAITH; AND3.2 RELIEVE THOSE IN NEED, BY REASON OF YOUTH, AGE, ILL-HEALTH, DISABILITY, FINANCIAL HARDSHIP OR OTHER DISADVANTAGE PRIMARILY BUT NOT EXCLUSIVELY BY PROVIDING GRANTS TO INDIVIDUALS IN NEED AND/OR TO INDIVIDUALS, CHARITIES OR OTHER ORGANISATIONS WORKING TO ADVANCE THE CHRISTIAN FAITH OR RELIEVE THOSE IN NEED AS DESCRIBED IN CLAUSE 3.2.NOTHING IN THIS CONSTITUTION SHALL AUTHORISE AN APPLICATION OF THE PROPERTY OF THE CIO FOR PURPOSES WHICH ARE NOT CHARITABLE IN ACCORDANCE WITH SECTION 7 OF THE CHARITIES AND TRUSTEE INVESTMENT (SCOTLAND) ACT 2005 AND SECTION 2 OF THE CHARITIES ACT (NORTHERN IRELAND) 2008.

10 Official extract

Charity Policy

Policy Name
Serious incident reporting policy and procedures
Policy Name
Complaints policy and procedures
Policy Name
Investing charity funds policy and procedures
Policy Name
Financial reserves policy and procedures
Policy Name
Trustee expenses policy and procedures
Policy Name
Internal charity financial controls policy and procedures
Policy Name
Internal risk management policy and procedures