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GLOBAL ALLIANCE FOR LIVESTOCK VETERINARY MEDICINES

Registered charity 1115606 · accounts filings on the Charity Commission register · also known as GALV, GLOBAL ALLIANCE FOR LIVESTOCK VACCINES · also registered in Scotland as SC039197 (OSCR)

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Latest income
£17.7m
Latest spending
£12.7m
Registered
2006
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that unrestricted reserves stood at £3.5m, exceeding the trustees' stated minimum policy target of £1.2m. The charity reported a net income surplus of £4.99m for the year, with cash balances increasing to £20.9m due to advanced funding for major programmes. The trustees confirmed sufficient funds exist to maintain the charity as a going concern for at least twelve months.

What the accounts disclose

Reserves policy: £1.2m (held: £3.5m)
“By considering a variety of risks, the Trustees have concluded that £1.2m of general unrestricted reserves is the minimum that should be held.” — page 10
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Payment to International Livestock Research Institute (ILRI), a company where Trustee Fabian Kausche is Deputy Director of Research and Innovation, for rental charges and contracted work.
“During the year £182,417 (2024: £160,895) was paid to International Livestock Research Institute (ILRI), a Company in which Fabian Kausche, Trustee, is the Deputy Director of Research and Innovation.” — page 31
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Henderson Loggie LLP. Discloses 4 of 6 completeness components.

Structured financials (annual return, FY ending 31/03/2025)

Total income
£17.7m
Total spending
£12.7m
Reserves (reported)
£1.7m
Employees
28

Reported reserves equal ~1.6 months of spending — in the bottom quarter for charities its size (median 4.6 months; benchmarks).

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Bangladesh · Benin · Botswana · Burkina Faso · Cameroon · Chad · Congo (Democratic Republic) · Ethiopia · Ghana · India · Ivory Coast · Kenya

Income and spending

Financial year endIncomeSpending
31/03/2025£17.7m£12.7m
31/03/2024£9.6m£10.3m
31/03/2023£13.1m£11.1m
31/03/2022£13.4m£11.6m
31/03/2021£16.9m£11.2m

Common questions

Is GLOBAL ALLIANCE FOR LIVESTOCK VETERINARY MEDICINES financially healthy?

The accounts state that unrestricted reserves stood at £3.5m, exceeding the trustees' stated minimum policy target of £1.2m. The charity reported a net income surplus of £4.99m for the year, with cash balances increasing to £20.9m due to advanced funding for major programmes. The trustees confirmed sufficient funds exist to maintain the charity as a going concern for at least twelve months. Its FY2025 accounts were audited by Henderson Loggie LLP.