THE CAGNI FOUNDATION
Financial health, per its FY2024 accounts
The accounts state that the charity holds unrestricted reserves of £36,775,180, which significantly exceeds the trustees' stated minimum retention policy of £100,000. The charity is fully funded by investment income, with no reliance on public fundraising, and the auditors confirmed there are no material uncertainties regarding its ability to continue as a going concern.
What the accounts disclose
“The Trustees consider that a minimum of £100,000 should be retained in readily realisable funds in order to meet current and likely future commitment for at least the next twelve months.”
Trustees
- CATHERINE CAGNIchair
- Charles Cagni
- Diane Cagni
- Olivier Nicolay
- PASCAL CAGNI
- Wladimir d'Ormesson
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £173k | £212k |
| 31/03/2024 | £172k | £90k |
| 31/03/2023 | £192k | £202k |
| 31/03/2022 | £133k | £268k |
| 31/03/2021 | £154k | £163k |
Common questions
Is THE CAGNI FOUNDATION financially healthy?
The accounts state that the charity holds unrestricted reserves of £36,775,180, which significantly exceeds the trustees' stated minimum retention policy of £100,000. The charity is fully funded by investment income, with no reliance on public fundraising, and the auditors confirmed there are no material uncertainties regarding its ability to continue as a going concern. Its FY2024 accounts were audited by Sopher + Co LLP.