MAGIC BREAKFAST

Charity overview
Activities - how the charity spends its money
Magic Breakfast's aim is to alleviate child hunger and poverty as a barrier to education through the provision of healthy breakfasts to children across England and Scotland. This is being achieved through three key activities: food aid, building capacity in school communities to reach every child at risk of hunger and making the case for change to ensure permanent funding for school breakfasts.
Income and expenditure
Data for financial year ending 31 August 2024
Total income:
£10,329,745
Donations and legacies | £9.89m | |
Charitable activities | £429.32k | |
Other trading activities | £0 | |
Investments | £15.29k | |
Other | £0 |
Total expenditure:
£9,074,516
Raising funds | £1.57m | |
Charitable activities | £7.50m | |
Other | £0 |
£0 investments gains (losses)
Total income includes £429,316 from 4 government contract(s)
Charitable expenditure
Charitable expenditure with investment gains
Charitable expenditure
Some charities generate all, or a substantial part, of their income from investments which may have been donated to the charity as endowment or set aside by the charity from its own resources in the past. Such investments usually take the form of stocks and shares but may include other assets, such as property, that are capable of generating income and/or capital growth.
In managing their spending and investments charities need to strike a balance between the needs of future and current beneficiaries. They also need to take account of spending commitments that may stretch over a number of future years. To do this, charities will normally adopt an investment strategy designed to generate both income and capital growth. To maximise returns trustees may commit to investment strategies for several years.
Investments can experience large swings in value so trustees may, in a particular year, decide to realise and spend part of their charity’s capital or to invest part of its income.
By clicking the investment gains checkbox the charitable spending bar is adjusted to take account of capital growth as well as income. This shows the balance the charity is striking, between spending on current beneficiaries and retaining resources for future beneficiaries.
Raising funds and other expenditure | £1.57m | |
Charitable expenditure | £7.50m | |
Retained for future use | £1.26m |
People

94 Employee(s)
12 Trustee(s)
380 Volunteer(s)
Employees with total benefits over £60,000
Number of employees | |
---|---|
£60k to £70k | 5 |
£70k to £80k | 3 |
£90k to £100k | 1 |
Fundraising
Trading
Trustee payments
What, who, how, where
- Education/training
- The Advancement Of Health Or Saving Of Lives
- The Prevention Or Relief Of Poverty
- Children/young People
- Provides Human Resources
- Provides Services
- Provides Advocacy/advice/information
- Throughout England
- Scotland
Governance
No other names
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
Trustees
Trustees are the people responsible for controlling the work, management and administration of the charity on behalf of its beneficiaries. Generally trustees are treasurer, chair, board member etc. The trustees are responsible for keeping this list up to date and can do this by updating their details as they happen through the online service
12 Trustee(s)
Name | Role | Date of appointment | Other trusteeships | Reporting status of other trusteeships | ||||
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Aniela Shuckburgh | Chair | 30 November 2018 |
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Zipporah Kissi | Trustee | 20 June 2024 |
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Jonathan Boateng | Trustee | 20 June 2024 |
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Julie-Anne Jamieson | Trustee | 18 January 2024 |
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Julie Harkness | Trustee | 22 June 2022 |
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Richard Lackmann | Trustee | 25 September 2020 |
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Andrienne d'Arenberg | Trustee | 25 September 2020 |
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Emma Jane West | Trustee | 17 September 2019 |
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Michael Honan | Trustee | 17 September 2019 |
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Cllr Alison Inglis-Jones | Trustee | 05 March 2019 |
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Varsha Venugopal | Trustee | 04 January 2019 |
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Phil Davies | Trustee | 16 October 2018 |
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Financial history
Financial period end date
Income / Expenditure | 31/08/2020 | 31/08/2021 | 31/08/2022 | 31/08/2023 | 31/08/2024 | ||
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Total gross income | £5.74m | £9.01m | £6.38m | £10.51m | £10.33m | |
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Total expenditure | £4.82m | £8.32m | £8.94m | £7.67m | £9.07m | |
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Income from government contracts | £632.65k | £710.14k | £90.51k | £278.53k | £429.32k | |
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Income from government grants | £5.85k | N/A | N/A | N/A | N/A | |
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Income - Donations and legacies | £5.11m | £8.27m | £7.40m | £10.22m | £9.89m | |
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Income - Other trading activities | £0 | £0 | £0 | £0 | £0 | |
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Income - Charitable activities | £632.65k | £736.02k | £90.51k | £278.53k | £429.32k | |
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Income - Endowments | £0 | £0 | £0 | £0 | £0 | |
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Income - Investment | £1.00k | £5.09k | £793 | £5.09k | £15.29k | |
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Income - Other | £0 | £0 | £0 | £0 | £0 | |
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Income - Legacies | £0 | £0 | £0 | £50.00k | £0 | |
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Expenditure - Charitable activities | £4.00m | £7.21m | £7.91m | £6.40m | £7.50m | |
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Expenditure - Raising funds | £823.19k | £1.11m | £1.03m | £1.27m | £1.57m | |
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Expenditure - Governance | £0 | £121.75k | £0 | £29.88k | £126.61k | |
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Expenditure - Grants institution | £0 | £0 | £0 | £0 | £0 | |
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Expenditure - Investment management | £0 | £0 | £0 | £0 | £0 | |
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Expenditure - Other | £0 | £0 | £0 | £0 | £0 |
Assets and liabilities
Definitions for assets and liabilities
These are assets, other than investments, which are held for more than 12 months and used to run and administer the charity such as buildings, offices, exhibits and fixtures and fittings.
Long term InvestmentsInvestments are assets held by the charity with the sole aim of generating income which will be used for their charitable purposes such as deposit accounts, shares, rental property and unit trusts.
Investment assets are re-valued every year and included in the balance sheet at their current market value.
Long term investments are held for more than 12 months.
These are assets held generally for less than 12 months such as cash and bank balances, debtors, investments to be sold within the coming year and trading stock.
Defined benefit pension scheme asset or liabilityThis is a surplus or deficit in any defined benefit pension scheme operated and represents a potential long-term asset or liability.
Total liabilitiesThese are all the amounts owed by the charity at the balance sheet date to third parties such as bills due but not yet paid, bank overdrafts and loans and mortgages.
Asset / Liability | 31/08/2020 | 31/08/2021 | 31/08/2022 | 31/08/2023 | 31/08/2024 | ||
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Own use assets | £0 | £52.66k | £182.85k | £140.47k | £138.55k | |
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Long-term investments | £34.01k | £38.00k | £38.00k | £38.00k | £38.00k | |
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Other assets | £4.12m | £5.10m | £2.80m | £5.93m | £7.20m | |
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Defined benefit pension scheme asset or liability | £0 | £0 | £0 | £0 | £0 | |
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Total liabilities | £815.02k | £1.16m | £432.72k | £675.53k | £697.89k |
Accounts and annual returns
Title | Reporting year | Date received | Received | Download |
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Annual return | 31 August 2024 | 09 January 2025 | On Time | |
Accounts and TAR | 31 August 2024 | 09 January 2025 | On Time | Download Open in new window |
Annual return | 31 August 2023 | 17 January 2024 | On Time | |
Accounts and TAR | 31 August 2023 | 17 January 2024 | On Time | Download Open in new window |
Annual return | 31 August 2022 | 25 April 2023 | On Time | |
Accounts and TAR | 31 August 2022 | 25 April 2023 | On Time | Download Open in new window |
Annual return | 31 August 2021 | 23 March 2022 | On Time | |
Accounts and TAR | 31 August 2021 | 23 March 2022 | On Time | Download Open in new window |
Annual return | 31 August 2020 | 07 June 2021 | On Time | |
Accounts and TAR | 31 August 2020 | 07 June 2021 | On Time | Download Open in new window |
Governing document
It is not the full text of the charity's governing document.
MEMORANDUM AND ARTICLES OF ASSOCIATION INCORPORATED ON 26 NOVEMBER 2003. as amended on 23 Mar 2022
Charitable objects
THE OBJECTS OF THE CHARITY ARE (A) THE RELIEF OF POVERTY DISTRESS OR SUFFERING AND IN PARTICULAR (BUT WITHOUT PREJUDICE TO THE GENERALITY OF THE FOREGOING) BY PROVIDING FOOD TO CHILDREN IN NEED AT THE START OF THE SCHOOL DAY; AND (B) THE ADVANCEMENT OF EDUCATION OF THE GENERAL PUBLIC AND IN PARTICULAR (BUT WITHOUT PREJUDICE TO THE GENERALITY OF THE FOREGOING) THE INCREASE OF THEIR KNOWLEDGE UNDERSTANDING AND APPRECIATION IN RELATION TO THE SCIENCE OF NUTRITION AND HEALTHY EATING HABITS.
Area of benefit
NOT DEFINED. IN PRACTICE IN THE LONDON BOROUGH OF HACKNEY AND IN EAST AND NORTH EAST LONDON.
Contact information
- Address:
-
Magic Breakfast
42-46 Princelet Street
LONDON
E1 5LP
- Phone:
- 02078365434
- Email:
- info@magicbreakfast.com
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