GANDYS FOUNDATION
No activities - only received donation into our bank account - this is our only Income
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves stood at £101,182, an increase from the previous year's £67,192. The trustees confirmed that funds were adequate to meet existing obligations, although they noted a risk that liquidation might be necessary if future funding is not secured. The charity reported a net surplus of £33,990 for the year, with all activities carried out by volunteers.
What the accounts disclose
“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
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 FY2024 accounts: The accounts state that unrestricted reserves stood at £101,182, an increase from the previous year's £67,192. The trustees confirmed that funds were adequate to meet existing obligations, although they noted a risk that liquidation might be necessary if future funding is not secured. The charity reported a net surplus of £33,990 for the year, with all activities carried out by volunteers. Its FY2024 accounts were independently examined.