GENESIS AMERICA (UK) LIMITED
Financial health, per its FY2024 accounts
The accounts state that the charity reported a surplus of unrestricted funds of £45,969 as of 31 December 2024, reversing a deficit from the previous year. The trustees consider the current free reserves to meet their stated minimum policy target of £15,000. The going concern assessment is supported by a personal underwriting commitment from the founder trustee to cover all risks and liabilities.
What the accounts disclose
“The trustees have examined the requirement for free reserves and consider that they need a minimum of £15,000 which, in their opinion, would provide sufficient flexibility to cover any fluctuations in income flows and in meeting other contingencies.” — page 7
“The charity made grants totalling £181,232 to the Genesis Foundation in the year (2023 £208,252). The Genesis Foundation is a registered charity and in the year, had the same trustees as Genesis America (UK) Limited.” — page 23
“Total donations, including gift aid, during the year of £1,016,875 (2023 - £959,063) were provided by the founder trustee, John Studzinski.” — page 23
“The charity made grants totalling £181,232 to the Genesis Foundation in the year (2023 £208,252). The Genesis Foundation is a registered charity and in the year, had the same trustees as Genesis America (UK) Limited.” — page 23
“Total donations, including gift aid, during the year of £1,016,875 (2023 - £959,063) were provided by the founder trustee, John Studzinski.” — page 23
“The charity made grants totalling £181,232 to the Genesis Foundation in the year (2023 £208,252). The Genesis Foundation is a registered charity and in the year, had the same trustees as Genesis America (UK) Limited.” — page 23
“Total donations, including gift aid, during the year of £1,016,875 (2023 - £959,063) were provided by the founder trustee, John Studzinski.” — page 23
Year-over-year changes
- Reserves position vs the charity's own policy moved from "below" (FY2023) to "above" (FY2024).
Leadership, per the charity’s website
- John Studzinski — Founder & Chairman
- Harriet Capaldi — Managing Director
Funders the charity credits
Structured financials (annual return, FY ending 31/12/2025)
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £1.1m | £1.7m |
| 31/12/2024 | £1.0m | £884k |
| 31/12/2023 | £1.0m | £1.2m |
| 31/12/2022 | £1.5m | £1.5m |
| 31/12/2021 | £1.7m | £1.8m |
Common questions
Is GENESIS AMERICA (UK) LIMITED financially healthy?
The accounts state that the charity reported a surplus of unrestricted funds of £45,969 as of 31 December 2024, reversing a deficit from the previous year. The trustees consider the current free reserves to meet their stated minimum policy target of £15,000. The going concern assessment is supported by a personal underwriting commitment from the founder trustee to cover all risks and liabilities. Its FY2024 accounts were audited by Buzzacott Audit LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| BREAKTHROUGH FOUNDATION | 1 | £2.0m |
| THE GENERATIONAL FOUNDATION | 1 | £500k |