Sonu & Eva Foundation
The Soneva Foundation supports the development of projects that have a positive environmental, social and economic impact.
Financial health, per its FY2024 accounts
The accounts state that the charity concluded the fiscal year with a negative unrestricted fund balance of -£91,281, resulting from an overspend of £94,748 against incoming resources of £472,216. The trustees acknowledge that this reserves position is below their targeted policy of three months of expenditure and note that strategic efforts are focused on restoring reserves through increased income generation and cost control.
What the accounts disclose
“The majority of this came from continued support by Soneva resorts (£414,451)” — page 7
“The Trustees acknowledge that the current reserves position is below the targeted three months of expenditure and represents a negative balance.” — page 7
“The charity received income of £414,451 (2023: £181,374) from Soneva resorts. The Trustees of the charity, S Shivdasani and E Malmstrom-Shivdasani are directors of the Soneva resorts and B Bromley is the CFO and Deputy CEO at Soneva resorts.” — page 17
Structured financials (annual return, FY ending 31/12/2022)
Trustees
- EVA MALMSTROM-SHIVDASANI
- MR SONU SHIVDASANI
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £472k | £567k |
| 31/12/2023 | £231k | £1.4m |
| 31/12/2022 | £1.3m | £2.2m |
| 31/12/2021 | £2.0m | £545k |
| 31/12/2020 | £586k | £320k |
Common questions
Is Sonu & Eva Foundation financially healthy?
Per its FY2024 accounts: The accounts state that the charity concluded the fiscal year with a negative unrestricted fund balance of -£91,281, resulting from an overspend of £94,748 against incoming resources of £472,216. The trustees acknowledge that this reserves position is below their targeted policy of three months of expenditure and note that strategic efforts are focused on restoring reserves through increased income generation and cost control. Its FY2024 accounts were independently examined.
Who funds Sonu & Eva Foundation?
Funders whose own accounts filings name Sonu & Eva Foundation as a grant recipient include LEVINE FAMILY FOUNDATION.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| LEVINE FAMILY FOUNDATION | FY2025 | £10k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE FOOTBALL FOUNDATION | 1 | £1.6m |
| LIVING WELL UK | 1 | £14k |
| THE PENNIES FOUNDATION | 1 | £7k |
| THE PWC FOUNDATION | 1 | £5k |
| GOWLING WLG (UK) CHARITABLE TRUST | 1 | £650 |
Charities like this
- THE SANDERSON FOUNDATION
- Sir Harry & Lady Judith Solomon Charitable Foundation
- THE SUPPORT FOUNDATION
- SAO FOUNDATION
- ASTON VILLA FOUNDATION
- THE SOHO HOUSE FOUNDATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| Sonu & Eva Foundation | £472k | — | 0 | below | — | no doubt |
| THE SANDERSON FOUNDATION | £236k | — | 0 | unclear | — | no doubt |
| Sir Harry & Lady Judith Solomon Charitable Foundation | £4.0m | — | 0 | unclear | — | no doubt |
| THE SUPPORT FOUNDATION | £190k | — | 0 | below | — | no doubt |
| SAO FOUNDATION | £812k | — | 0 | unclear | — | no doubt |
| ASTON VILLA FOUNDATION | £2.9m | — | — | unclear | — | no doubt |