CANOPI FOUNDATION 1
Canopi is a fully self-sustaining charity providing successful collaborative working environment for the third sector at its property in central London.
Financial health, per its FY2025 accounts
The accounts state that the charity recorded a net income of £167,976 for the year, reversing a prior year deficit. However, the charity holds unrestricted reserves of £1,002,215, which is significantly below the stated policy target of £500,000 in cash or easily convertible assets, although the actual liquid assets held were £6,064,390. The trustees confirm adequate resources for going concern, supported by the parent company.
What the accounts disclose
“The Trustees approved a Reserves Policy in 2012 and agreed to aim to maintain consolidated free reserves of £500,000 in cash or assets that are easily converted into cash. At 31 March 2025, the Group's cash or assets that are easily converted into cash were £6,064,390” — page 4
Corporate structure
- Registered company of the charity Companies House 05976914
Leadership, per the charity’s website
- Russell Thompson — Chair
- Marc Greene — Chief Executive
- Fiona Edwards — Director
- Maria Maros — Director
- Chris Hazell — Director
Company officers (Companies House)
- MACINTYRE, Peter not on trustee list
- BRATA GUHA, Soumya not on trustee list
- FERDINANDI, Dayna on trustee list
- RASHEED, Reem Al on trustee list
- CHANDRANI, Jyotsna Jagmohan on trustee list
- THOMPSON, Russell Holmes on trustee list
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Russell Holmes Thompsonchair
- Dayna Ferdinandi
- Jyotsna Jagmohan Chandrani
- Pete MacIntyre
- Reem Al Rasheed
- Soumya Brata Guha
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £1.7m | £1.6m |
| 31/03/2024 | £2.3m | £2.0m |
| 31/03/2023 | £2.1m | £2.3m |
| 31/03/2022 | £2.3m | £3.2m |
| 31/03/2021 | £3.1m | £3.4m |
Common questions
Is CANOPI FOUNDATION 1 financially healthy?
Per its FY2025 accounts: The accounts state that the charity recorded a net income of £167,976 for the year, reversing a prior year deficit. However, the charity holds unrestricted reserves of £1,002,215, which is significantly below the stated policy target of £500,000 in cash or easily convertible assets, although the actual liquid assets held were £6,064,390. The trustees confirm adequate resources for going concern, supported by the parent company. Its FY2025 accounts were audited by BK Plus Audit Limited.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| The Global Returns Project Limited | 1 | £463k |
| LONDON LEGAL SUPPORT TRUST | 1 | £249k |
| THE NUFFIELD FOUNDATION | 1 | £246k |
| CHK Foundation | 1 | £190k |
| THE SCHRODER FOUNDATION | 1 | £165k |
| THE CONSTANCE TRAVIS CHARITABLE TRUST | 1 | £130k |
| THE FOUNDATION FOR THE PROMOTION OF WELL-BEING | 1 | £120k |
| THE PRUDENCE TRUST | 1 | £75k |
Charities like this
- CANOPI FOUNDATION
- THE PAUL CANOVILLE FOUNDATION
- CAUSEWAY EDUCATION LTD
- CANARY WHARF CONTRACTORS FUND
- THE CAYO FOUNDATION
- PONOSI FOUNDATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| CANOPI FOUNDATION 1 | £1.7m | — | 0 | above | — | no doubt |
| CANOPI FOUNDATION | £2.8m | £70,001 - £80,000 | 3 | unclear | — | no doubt |
| THE PAUL CANOVILLE FOUNDATION | £109k | — | 0 | unclear | — | no doubt |
| CAUSEWAY EDUCATION LTD | £772k | — | — | above | — | no doubt |
| CANARY WHARF CONTRACTORS FUND | £464k | — | 0 | unclear | — | no doubt |
| THE CAYO FOUNDATION | £400k | — | 0 | above | — | no doubt |