GANDYS FOUNDATION
No activities - only received donation into our bank account - this is our only Income
Objects
THE OBJECTS OF THE CHARITY (THE "OBJECTS") ARE FOR THE PUBLIC BENEFIT:-1) TO PROVIDE RELIEF TO THOSE IN NEED BY REASON OF YOUTH, AGE, ILL-HEALTH, DISABILITY, FINANCIAL HARDSHIP OR OTHER DISADVANTAGE BY PROVIDING OR PROCURING THE PROVISION OF SERVICES, EDUCATION, TRAINING, CONSULTANCY, ADVICE, SUPPORT, COUNSELLING, GUIDANCE, GRANTS, SCHOLARSHIPS, AWARDS OR MATERIALS IN KIND TO INDIVIDUALS OR OTHER ORGANISATIONS WITH A CHARITABLE PURPOSE;2) TO FURTHER SUCH OTHER EXCLUSIVELY CHARITABLE PURPOSES ACCORDING TO THE LAW OF ENGLAND AND WALES AS THE TRUSTEES IN THEIR ABSOLUTE DISCRETION FROM TIME TO TIME DETERMINE.
Financial health, per its FY2025 accounts
The accounts state that the charity incurred a net deficit of £39,752 for the year, reducing unrestricted reserves to £61,430. The trustees note that without new funding, liquidation would be necessary to avoid insolvent trading, indicating a dependency on securing future income. However, the independent examiner confirmed that no material matters came to their attention regarding the preparation of the accounts.
What the accounts disclose
“Gandys International 63,114” — page 14
“The Directors of the Charity are aware that in the absence of funding becoming available within a reasonable timescale, a decision to liquidate the company would need to be implemented to avoid insolvent trading.” — page 12
Policies the charity declares
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
Corporate structure
- Registered company of the charity Companies House 08516239
Company officers (Companies House)
- FORKAN, Robert Oliver Daniel on trustee list
- LEGHA, Preet on trustee list
Trustees
- Preet Leghachair
- Paul Michael James Forkan
- Robert Oliver Daniel Forkan
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/05/2025 | £119k | £159k |
| 31/05/2024 | £157k | £123k |
| 31/05/2023 | £147k | £108k |
| 31/05/2022 | £59k | £79k |
| 31/05/2021 | £92k | £62k |
Common questions
Is GANDYS FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that the charity incurred a net deficit of £39,752 for the year, reducing unrestricted reserves to £61,430. The trustees note that without new funding, liquidation would be necessary to avoid insolvent trading, indicating a dependency on securing future income. However, the independent examiner confirmed that no material matters came to their attention regarding the preparation of the accounts. Its FY2025 accounts were independently examined.