THE VEOLIA ENVIRONMENTAL TRUST
Financial health, per its FY2023 accounts
The accounts state that the Trust reported an unrestricted operating deficit of £1,072,000 for the year ended 31 March 2023, compared to a £320,000 deficit in the prior year. Despite this deficit, the Trust holds free reserves of £1,763,894 and maintains a strong balance sheet with cash reserves of £3,143,000. The Trustees confirm that the Trust has adequate resources to continue in operational existence for the foreseeable future.
What the accounts disclose
Leadership, per the charity’s website
- Caroline Schwaller — Chair
- James Dennison — Vice Chair
- Andrew Brown — Executive Director
Funders the charity credits
- Veolia UK
Structured financials (annual return, FY ending 31/03/2025)
Register events
- Received assets from another charity (24/04/2024)
- Received assets from another charity (24/04/2024)
Trustees
- Caroline Schwallerchair
- Donald Macphail
- James Dennison
- Joanne Demetrius
- Katie Harrison
- Luke Bailey
- Mark Langabeer
- Mohammed Junaid Akhtar
- Rachel Titchen
- Richard Hulland
- Rituja Rao
- Sarah Poulter
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £4.7m | £5.0m |
| 31/03/2024 | £4.0m | £4.0m |
| 31/03/2023 | £4.3m | £5.4m |
| 31/03/2022 | £5.4m | £5.7m |
| 31/03/2021 | £4.8m | £4.6m |
Common questions
Is THE VEOLIA ENVIRONMENTAL TRUST financially healthy?
The accounts state that the Trust reported an unrestricted operating deficit of £1,072,000 for the year ended 31 March 2023, compared to a £320,000 deficit in the prior year. Despite this deficit, the Trust holds free reserves of £1,763,894 and maintains a strong balance sheet with cash reserves of £3,143,000. The Trustees confirm that the Trust has adequate resources to continue in operational existence for the foreseeable future. Its FY2023 accounts were audited by WR Partners.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| AKO FOUNDATION | 1 | £1.1m |
| CLEAN AIR FUND | 1 | £929k |
| LEVINE FAMILY FOUNDATION | 1 | £30k |
| BACON FOUNDATION LTD | 1 | £20k |