Veddis Foundation

Registered charity 1166075 · accounts filings on the Charity Commission register · also known as LETZDREAM FOUNDATION

Makes Grants To Organisations.

Objects

(I) TO ADVANCE SUCH CHARITABLE PURPOSES (ACCORDING TO THE LAW OF ENGLAND AND WALES) AS THE TRUSTEES SEE FIT FROM TIME TO TIME.(II) THE CHARITY WILL OPERATE BY SUPPORTING OTHER CHARITIES ALL OVER THE WORLD, WITH A FOCUS ON CHARITIES OPERATING IN DEVELOPING COUNTRIES. IN THE EARLY YEARS, THE PRINCIPAL COUNTRY OF FOCUS WILL BE INDIA BUT THE GEOGRAPHICAL SPREAD WILL BE EXPANDED OVER TIME TO INCLUDE OTHER COUNTRIES.

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 · Grant history (this charity is a funder) · website · Get email alerts

Registered contact address: Islington, London, England (from the postcode on the register)

Financial health, per its FY2025 accounts

The accounts state that unrestricted funds decreased from £10,093,936 to £9,439,148 due to charitable expenditure exceeding incoming resources, partially offset by investment gains. The trustees report no formal reserves policy but maintain funds to preserve operational continuity. The auditor confirmed the financial statements are prepared on a going concern basis with no material uncertainties identified.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Accounts audited by Lopian Gross Barnett & Co. 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.

• Bullying and harassment policy and procedures
• Campaigns and political activity policy and procedures
• Complaints handling
• Complaints policy and procedures
• Conflicting interests
• Engaging external speakers at charity events policy and procedures
• 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
• Risk management
• Safeguarding policy and procedures
• Serious incident reporting policy and procedures
• Social media policy and procedures
• Trustee conflicts of interest policy and procedures
• Trustee expenses policy and procedures

From the charity’s annual return (Part A, self-declared)

Answers and figures the charity gave in Part A of its annual return to the Charity Commission. They are self-declared: not verified by the Commission or by this site. Only positive answers and figures are listed; items not listed are simply not shown.

Source: this charity’s annual returns on the Charity Commission register.

Structured financials (annual return, FY ending 31/03/2025)

Reported reserves equal ~40.8 months of spending — in the top quarter for charities its size (median 4.7 months; benchmarks).

Per its annual return, largest income source: Donations and legacies (80% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 0.0% of total income — below the median for charities its size (5.3%) (benchmarks).

Trustees · trustee networks

• VIKRANT BHARGAVAchair
• MASOUD ZABETI

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

Operates in: India · Throughout England And Wales

Income and spending

Common questions

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with KARAVIOTIS FOUNDATION.

• KARAVIOTIS FOUNDATION income £73k
• ADAR CHARITABLE TRUST income £177k
• THE EVAN CORNISH FOUNDATION income £165k
• RICHARD DAVIES CHARITABLE FOUNDATION income £29k
• THE A M CHARITABLE TRUST income £157k
• AREIVIM income £125k

Side by side with its peers

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.