WILDHEARTS FOUNDATION LIMITED

1. WILDHEARTS FOUNDATION LIMITED 2013-10-21 → present
2. WILD HEARTS LIMITED 2005-09-22 → 2013-10-21

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

Sayer Vincent

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“After making appropriate enquiries and having considered relevant external factors, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Accordingly, these financial statements have been prepared on a going concern basis.”

Group structure

1. WILDHEARTS FOUNDATION LIMITED · parent
   1. WildHearts Foundation Africa Pty · South Africa · registered South African Non Profit and Public Benefit Organisation.
   2. MicroLoan Foundation · UK · UK registered charity
   3. MicroLoan Foundation Malawi Limited · Malawi · regulated microfinance institution
   4. MicroLoan Foundation Zambia Limited · Zambia · regulated microfinance institution
   5. MicroLoan Trust Zimbabwe · Zimbabwe · non trading Trust
   6. MicroLoan (Private) Limited · Zimbabwe · regulated microfinance institution
   7. MicroLoan Foundation South Africa (Pty) Ltd · South Africa · regulated microfinance institution

Significant events

• “Plans to launch a greenfield operation in South Africa in the second half of 2024 were pushed back due to delays in obtaining the necessary regulatory approvals however these have been secured subsequent to the year end and it remains the intention to launch in 2025.”
• “In Zimbabwe, severe drought and a cholera outbreak significantly impacted portfolio quality and delayed the organisation's plans for ambitious growth.”
• “Total income fell by 9% to £5,722,851 (2023: £6,296,045). This was primarily due to the effects of ongoing currency depreciation in Malawi and Zambia which led to a 11% drop in income from charitable activities despite increases in local currency terms.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

2

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  —

  Not reported

• Cash

  -69.5%

  £1,894,804 → £578,632

• Net assets

  +11.3%

  £4,049,134 → £4,507,635

• Employees

  +22%

  268 → 327

• Wages

  -1.6%

  £1,792,970 → £1,764,478

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers