Veddis Foundation
Makes Grants To Organisations.
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.
What the accounts disclose
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- VIKRANT BHARGAVAchair
- MASOUD ZABETI
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £2.8m | £2.8m |
| 31/03/2024 | £2.4m | £2.6m |
| 31/03/2023 | £10.3m | £2.6m |
| 31/03/2022 | £1.3m | £478k |
| 31/03/2021 | £0 | £124k |
Common questions
Is Veddis Foundation financially healthy?
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. Its FY2025 accounts were audited by Lopian Gross Barnett & Co.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| LPW LIMITED | 1 | £291k |
| CHARITWORTH LIMITED | 1 | £110k |
| THE RABBI MOSHE & LEAH DERMER FOUNDATION | 1 | £76k |
| JEG TRUST LIMITED | 1 | £40k |
| UOHC FOUNDATION LTD | 1 | £25k |
| THE AA TRUST | 1 | £18k |
| WOODLANDS GREEN LTD | 1 | £10k |
| SABENO LIMITED | 1 | £10k |
Charities like this
- THE GRANT FOUNDATION
- THE INVESCO CARES FOUNDATION
- RATANBEN ZAVERCHAND KARA FOUNDATION
- BELVEDERE TRUST
- The Trevor Hemmings Foundation
- VARGA FAMILY FOUNDATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| Veddis Foundation | £2.8m | — | 0 | unclear | — | no doubt |
| THE GRANT FOUNDATION | £185k | — | 0 | within | — | no doubt |
| THE INVESCO CARES FOUNDATION | £142k | — | 0 | unclear | — | no doubt |
| RATANBEN ZAVERCHAND KARA FOUNDATION | £162k | — | 0 | above | — | no doubt |
| BELVEDERE TRUST | £773k | — | 0 | above | — | no doubt |
| The Trevor Hemmings Foundation | £490k | — | 0 | above | — | no doubt |