HUMAN CAPABILITY FOUNDATION
Latest income
£44.5m
Latest spending
£31.1m
Registered
2011
Accounts read
FY2024
Financial health, per its FY2024 accounts
The accounts state that the charity holds unrestricted reserves of £95,261,466, which is an increase from the prior year. The trustees report adequate resources for the foreseeable future and note that the charity is reliant on private donors rather than public fundraising.
What the accounts disclose
Related-party transaction: Donations from Choithram Internal Foundation
“In 2024, HCF received £11,555,883 (2023: £nil) from Choithram Internal Foundation, an entity with trustees/directors in common.” — page 6
“HCF's assets include loans to related Parties (its direct subsidiary Trigon Snacks Trading Ltd, as well as Natco Foods Ltd and T. Choithram & Sons (London) Ltd).” — page 5
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Loans to related parties (Natco Foods Ltd and T. Choithram & Sons (London) Ltd)
“In 2024, HCF received £11,555,883 (2023: £nil) from Choithram Internal Foundation, an entity with trustees/directors in common.” — page 6
“HCF's assets include loans to related Parties (its direct subsidiary Trigon Snacks Trading Ltd, as well as Natco Foods Ltd and T. Choithram & Sons (London) Ltd).” — page 5
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Donations from subsidiary Stronelairg Wind Estate Ltd
“In 2024, HCF received £11,555,883 (2023: £nil) from Choithram Internal Foundation, an entity with trustees/directors in common.” — page 6
“HCF's assets include loans to related Parties (its direct subsidiary Trigon Snacks Trading Ltd, as well as Natco Foods Ltd and T. Choithram & Sons (London) Ltd).” — page 5
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Donations from Giant Export Services Ltd
“In 2024, HCF received £11,555,883 (2023: £nil) from Choithram Internal Foundation, an entity with trustees/directors in common.” — page 6
“HCF's assets include loans to related Parties (its direct subsidiary Trigon Snacks Trading Ltd, as well as Natco Foods Ltd and T. Choithram & Sons (London) Ltd).” — page 5
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Trustees employed/engaged by related company Natco Foods Ltd
“In 2024, HCF received £11,555,883 (2023: £nil) from Choithram Internal Foundation, an entity with trustees/directors in common.” — page 6
“HCF's assets include loans to related Parties (its direct subsidiary Trigon Snacks Trading Ltd, as well as Natco Foods Ltd and T. Choithram & Sons (London) Ltd).” — page 5
Per its FY2024 accounts as filed with the Charity Commission.
Trading subsidiary: Trigon Snacks Trading Ltd, Downing Sustainable Investment 1 Ltd, Scots Wind Property Ltd, Sustainable Land Acquisitions Ltd, Stronelairg Wind Estate Ltd, Homer Renewables Ltd
“HCF's trading subsidiary, Trigon Snacks Trading Ltd, a nut-roasting business, made a net loss of £891,951 in 2024” — page 5
Per its FY2024 accounts as filed with the Charity Commission.
Structured financials (annual return, FY ending 31/12/2024)
Total income
£44.5m
Total spending
£31.1m
Cost of raising funds
£28.6m
Reserves (reported)
£37.4m
Employees
0
Trustees
- DAVINDER PAGARANI
- LUKE PAGARANI
- NATASHA PAGARANI
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £44.5m | £31.1m |
| 31/12/2023 | £36.4m | £29.9m |
| 31/12/2022 | £56.9m | £25.5m |
| 31/12/2021 | £29.8m | £22.0m |
| 31/12/2020 | £2.0m | £1.2m |
Common questions
Is HUMAN CAPABILITY FOUNDATION financially healthy?
The accounts state that the charity holds unrestricted reserves of £95,261,466, which is an increase from the prior year. The trustees report adequate resources for the foreseeable future and note that the charity is reliant on private donors rather than public fundraising. Its FY2024 accounts were audited by Berringers LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| INTERNATIONAL RESCUE COMMITTEE, U.K | 1 | £738k |
| HAMMERSMITH UNITED CHARITIES | 1 | £500 |
| MARTIN CHARITABLE TRUST | 1 | £260 |