PEPAL FOUNDATION
Latest income
£299k
Latest spending
£289k
Registered
2010
Accounts read
FY2023
Financial health, per its FY2023 accounts
The accounts state that the group achieved a small operating surplus of £6,714 in 2023, with total income of £438,720 and expenditure of £432,006. Unrestricted reserves stood at £195,536, which the trustees confirm is sufficient to meet working capital needs and exceeds the stated policy target.
What the accounts disclose
Reserves policy: one third of the unrestricted annual expenditure (held: £196k)
“The trustees aim to hold as unrestricted general funds an amount which is equivalent to one third of the unrestricted annual expenditure in order to provide sufficient cash to meet the operational needs of the organisation.” — page 12
Per its FY2023 accounts as filed with the Charity Commission.
Trustees
- DR ANDRIY KLEPIKOV
- Edward James Brooker Marsh
- JULIE SAUNDERS
- Vikas Karlekar
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £299k | £289k |
| 31/12/2023 | £439k | £432k |
| 31/12/2022 | £360k | £350k |
| 31/12/2021 | £230k | £204k |
| 31/12/2020 | £181k | £185k |
Common questions
Is PEPAL FOUNDATION financially healthy?
The accounts state that the group achieved a small operating surplus of £6,714 in 2023, with total income of £438,720 and expenditure of £432,006. Unrestricted reserves stood at £195,536, which the trustees confirm is sufficient to meet working capital needs and exceeds the stated policy target. Its FY2023 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE MASTER CHARITABLE TRUST | 1 | £250k |
| THE KENNETH & SUSAN GREEN CHARITABLE FOUNDATION | 1 | £75k |
| THE COLES-MEDLOCK FOUNDATION | 1 | £56k |
| FUSION21 FOUNDATION | 1 | £54k |
| THE HOUSING ASSOCIATIONS' CHARITABLE TRUST | 1 | £18k |
| ALLAN AND NESTA FERGUSON CHARITABLE SETTLEMENT | 1 | £17k |
| THE THOMAS J HORNE MEMORIAL TRUST | 1 | £17k |
| THE BARBARA WARD CHILDREN'S FOUNDATION | 1 | £15k |