VILLA LENA FOUNDATION

Registered charity 1155118 · accounts filings on the Charity Commission register

The Foundation's current principal activity is dedicated to supporting international contemporary artists working not only in art, but also in music, film and other creative disciplines, predominantly through providing artist residency program in Tuscany, Italy near small town Palaia on the grounds of Villa Lena estate. Selected artists are offered between one and two months stay.

Objects

THE OBJECTS OF THE CHARITY ARE SUCH EXCLUSIVELY CHARITABLE PURPOSES AS THE TRUSTEES MAY IN THEIR ABSOLUTE DISCRETION DETERMINE

Area of benefit: NOT DEFINED

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: General Charitable Purposes · Arts/culture/heritage/science · website · Get email alerts

Latest income
£30k
Latest spending
£30k
Registered
2013
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity holds unrestricted reserves of £(34,021), indicating a net deficit position. The trustees report that incidental expenses are borne by them without recharge and that the charity received advances from a related company, Apartment 15 Limited. The independent examiner confirmed that the accounts comply with applicable requirements and no matters were identified that would cause concern regarding the preparation of the financial statements.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Trading subsidiary: Apartment 15 Limited
“The Foundation also received advances from Apartment 15 Limited, a company in which two of the Trustees' are directors.”
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

Funders the charity credits

Named as funders/supporters on the charity’s own website (the charity’s claim, distinct from accounts-verified grants).

Public profiles (found on the charity’s own website): instagram

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Italy · Throughout London

Income and spending

Financial year endIncomeSpending
31/12/2024£30k£30k
31/12/2023£21k£21k
31/12/2022£22k£17k
31/12/2021£3k£4k
31/12/2020£9k£5k

Common questions

Is VILLA LENA FOUNDATION financially healthy?

Per its FY2024 accounts: The accounts state that the charity holds unrestricted reserves of £(34,021), indicating a net deficit position. The trustees report that incidental expenses are borne by them without recharge and that the charity received advances from a related company, Apartment 15 Limited. The independent examiner confirmed that the accounts comply with applicable requirements and no matters were identified that would cause concern regarding the preparation of the financial statements. Its FY2024 accounts were independently examined.