AVANTI FOUNDATION LIMITED
Latest income
£3.0m
Latest spending
£2.1m
Registered
2015
Accounts read
FY2024
Financial health, per its FY2024 accounts
The accounts state that the group held free reserves of £854,000, which exceeded the stated policy target of three months of budgeted unrestricted expenditure. The trustees confirmed adequate financial resources and no material uncertainties regarding the group's ability to continue as a going concern for the foreseeable future.
What the accounts disclose
Reserves policy: three months of budgeted unrestricted expenditure (held: £854k)
“The charities reserve policy continues to be that of ensuring that the total unrestricted funds held within the general and designated reserves are equal to three months of budgeted unrestricted expenditure” — page 3
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Donations to fellow group charitable company
“In the year, the charitable company gave donations of £75,000 (2023: £110,000) to fellow group charitable company, Omnon Group Limited.” — page 26
“The charitable company received £30,000 (2023: £40,000) as management charges from it's fellow group charitable company, Avanti Education Limited.” — page 26
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Management charges received from fellow group charitable company
“In the year, the charitable company gave donations of £75,000 (2023: £110,000) to fellow group charitable company, Omnon Group Limited.” — page 26
“The charitable company received £30,000 (2023: £40,000) as management charges from it's fellow group charitable company, Avanti Education Limited.” — page 26
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Amounts owed by fellow group company
“In the year, the charitable company gave donations of £75,000 (2023: £110,000) to fellow group charitable company, Omnon Group Limited.” — page 26
“The charitable company received £30,000 (2023: £40,000) as management charges from it's fellow group charitable company, Avanti Education Limited.” — page 26
Per its FY2024 accounts as filed with the Charity Commission.
Structured financials (annual return, FY ending 31/08/2025)
Total income
£3.0m
Total spending
£2.1m
Reserves (reported)
£2.1m
Employees
40
Trustees
- VIJAY HIRANIchair
- DILIP PATEL
- Kapil Chawla
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £3.0m | £2.1m |
| 31/08/2024 | £2.7m | £1.8m |
| 31/08/2023 | £1.8m | £1.5m |
| 31/08/2022 | £2.6m | £2.2m |
| 31/08/2021 | £4.9m | £934k |
Common questions
Is AVANTI FOUNDATION LIMITED financially healthy?
The accounts state that the group held free reserves of £854,000, which exceeded the stated policy target of three months of budgeted unrestricted expenditure. The trustees confirmed adequate financial resources and no material uncertainties regarding the group's ability to continue as a going concern for the foreseeable future. Its FY2024 accounts were audited by Xeinadin Audit Limited.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| FONTHILL FOUNDATION | 1 | £18k |
| THE J R S S T CHARITABLE TRUST | 1 | £10k |
| THE PENCHANT FOUNDATION | 1 | £250 |