THE COSTA FOUNDATION
Financial health, per its FY2022 accounts
The accounts state that total income dropped by 37% year-on-year to £1,287,715, while unrestricted reserves increased to £1,139,417. The charity reports no material going concern risk, citing a contractual annual donation from Costa Limited and a policy of only committing to projects once income has been raised.
What the accounts disclose
“The current reserves policy is held at £75,000.” — page 20
“Costa is also party to a Grant Funding Agreement pursuant to which Costa donated the sum of £20,000 in the year.”
“During the year Neil Lake and Gordon Mowat were directors of Costa Limited.” — page 38
“Costa is also party to a Grant Funding Agreement pursuant to which Costa donated the sum of £20,000 in the year.”
“During the year Neil Lake and Gordon Mowat were directors of Costa Limited.” — page 38
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- ROBERT GEOFFREY JAMES SWYERchair
- Amit Aggarwal
- Cecile Angrand
- Charlotte Catherine Poole
- Freda Janet Wolfenden
- Hannah Lucy Bellamy
- Hayley Finn
- Mukasa Keith Kibirango
- Nicholas Clive Orrin
- Rory William Alexander Blyth
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £1.9m | £1.8m |
| 31/12/2023 | £1.6m | £1.7m |
| 31/12/2022 | £1.3m | £1.2m |
| 31/12/2021 | £2.0m | £1.8m |
| 31/12/2020 | £1.4m | £1.7m |
Common questions
Is THE COSTA FOUNDATION financially healthy?
The accounts state that total income dropped by 37% year-on-year to £1,287,715, while unrestricted reserves increased to £1,139,417. The charity reports no material going concern risk, citing a contractual annual donation from Costa Limited and a policy of only committing to projects once income has been raised. Its FY2022 accounts were audited by Morris Crocker Limited.
Who funds THE COSTA FOUNDATION?
Funders whose own accounts filings name THE COSTA FOUNDATION as a grant recipient include ALLEGRA FOUNDATION LIMITED, Moto Foundation.
Known funders
| Funder | Year | Amount |
|---|---|---|
| ALLEGRA FOUNDATION LIMITED | FY2023 | £312k |
| ALLEGRA FOUNDATION LIMITED | FY2021 | £272k |
| Moto Foundation | FY2024 | £13k |
| Moto Foundation | FY2021 | £13k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE FRANK JACKSON FOUNDATION | 1 | £85k |
| THE PARGITER TRUST | 1 | £80k |
| ST EDMUNDS TRUST | 1 | £21k |
| THE FRANCIS WINHAM FOUNDATION | 1 | £10k |
| PAUL AND LOUISE COOKE ENDOWMENT | 1 | £5k |
| THE LESLIE MARY CARTER CHARITABLE TRUST | 1 | £5k |
| THE AIM FOUNDATION | 1 | £3k |