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Malaria No More UK's Financial Disclosure

This description of the overview of MNMUK’s financial position provides some insight into the financial position of the charity. Full accounts can be accessed on the links below, or can be viewed on the Charity Commission website. 


Malaria No More UK’s work during 2020 was only possible thanks to the continued commitment of partners and funders, whose contributions reached a record high during the year. This includes but not limited to The Bill and Melinda Gates Foundation, Comic Relief, Fever-Tree Company, GlaxoSmithKline (GSK), Medicines for Malaria Venture (MMV), RBM Partnership to End Malaria and Sanofi Pasteur. This was further augmented with generous and regular support from several individual donors.

Overall income increased considerably from 2019 (£2.5M) to 2020 (£4.2M). This was driven by a change to the income recognition policy in place for the charity, a favourable exchange rate on USD received grant income and the timing of the planned Kigali Summit (for June 2020). Due to Covid some of the planned Trading activities in relation to cause related marketing were postponed, reducing the income through the Trading company for the period as well as affecting some of the corporate income for the Charity.

Malaria No More UK has continued to benefit from a wide range of partners providing pro-bono support to the charity. This includes, but is not limited to, a range of gifts in kind received from celebrities and global influencers such as David Beckham, Dentsu International, R/GA, Charlie Webster, Eliud Kipchoge, Latham & Watkins LLP, Omotola Jalade, Rentokil Initial Plc, Saray Khumalo, Sherrie Silver, Brodies LLP and Siya Kolisi.


Expenditure during the period rose significantly due to increased investment in the UK and Africa advocacy and campaigns work. This included Covid related expenditure to ensure the continued success of the Malaria campaign over this period through a pivot of the campaign work. The Draw The Line campaign was developed over the period but then postponed to later in the year. Expenditure would have been significantly higher if the Kigali Summit had not been postponed, and the restricted reserves balance largely consists of funds for this purpose.  Of the total spend, 90% was spent on direct charitable activities (2019: 88%).


The reserves position of the charity has remained relatively consistent year on year, at the Board-agreed six-month expenditure level. It is not the intention of the charity to maintain high levels of restricted reserves and this current level reflects the impacts of timing of grant funding received and the postponement of the Summit resulting in carrying forward of these funds.