THE COSTA FOUNDATION
Prevention or relief of poverty;Advancement of education, including the establishment & operation of schools & other educational establishments;Advancement of health or the saving of lives; andAdvancement of environmental protection or environmental improvement,in all cases anywhere in the world, in particular (without limitation) within coffee growing communities and surrounding areas.
Financial health, per its FY2024 accounts
The accounts state that total income for the year ended 31 December 2024 was £1,912,360, representing a 19% improvement year-on-year. Reserves at the year-end amounted to £1,476,726, which is significantly above the stated reserves policy target of £200,000. The auditor confirmed that the use of the going concern basis of accounting was appropriate with no material uncertainties identified.
What the accounts disclose
“£60,000 to £69,999 1” — page 27
“The reserves policy was changed in the year to increase from £75,000 to £200,000 in order to provide for a close down of the Foundation.” — page 13
Year-over-year changes
- Top pay band moved from £60,000 to £69,999 (FY2023) to £60,000 - £69,999 (FY2024).
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?
Per its FY2024 accounts: The accounts state that total income for the year ended 31 December 2024 was £1,912,360, representing a 19% improvement year-on-year. Reserves at the year-end amounted to £1,476,726, which is significantly above the stated reserves policy target of £200,000. The auditor confirmed that the use of the going concern basis of accounting was appropriate with no material uncertainties identified. Its FY2024 accounts were audited by MC Audit Limited.
What does the highest-paid employee of THE COSTA FOUNDATION earn?
Per its FY2024 accounts, the highest-paid employee was in the £60,000 - £69,999 band.
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 | Purpose (as stated by the funder) |
|---|---|---|---|
| ALLEGRA FOUNDATION LIMITED | FY2023 | £312k | |
| ALLEGRA FOUNDATION LIMITED | FY2021 | £272k | clean water projects |
| Moto Foundation | FY2025 | £50k | Donation |
| Moto Foundation | FY2024 | £13k | Donation |
| Moto Foundation | FY2021 | £13k | Donation |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE PARGITER TRUST | 1 | £400k |
| THE FRANK JACKSON FOUNDATION | 1 | £100k |
| THE PA FOUNDATION | 1 | £57k |
| THE PERMIRA FOUNDATION | 1 | £53k |
| ST EDMUNDS TRUST | 1 | £38k |
| THE FRANCIS WINHAM FOUNDATION | 1 | £20k |
| THE WITHEREN FOUNDATION | 1 | £20k |
| PAUL AND LOUISE COOKE ENDOWMENT | 1 | £10k |
Charities like this
- 13 FOUNDATION
- THE COCO'S FOUNDATION
- ISSA FOUNDATION
- THE POINT FOUNDATION
- THE FOUNDATION FOR EDUCATION, ARTS AND CULTURE
- SUFFOLK COMMUNITY FOUNDATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE COSTA FOUNDATION | £1.9m | £60,000 - £69,999 | — | unclear | — | no doubt |
| 13 FOUNDATION | £127k | — | 0 | unclear | — | no doubt |
| THE COCO'S FOUNDATION | £207k | — | 0 | unclear | — | no doubt |
| ISSA FOUNDATION | £9.9m | — | 0 | above | — | no doubt |
| THE POINT FOUNDATION | £102k | — | 0 | unclear | — | no doubt |
| THE FOUNDATION FOR EDUCATION, ARTS AND CULTURE | £133k | — | 0 | above | — | no doubt |