Veddis Foundation

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

Makes Grants To Organisations.

Causes: General Charitable Purposes · Grant history (this charity is a funder) · website · Get email alerts

Latest income
£2.8m
Latest spending
£2.8m
Registered
2016
Accounts read
FY2025

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.

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

Total income
£2.8m
Total spending
£2.8m
Reserves (reported)
£9.4m
Employees
0

Reported reserves equal ~40.8 months of spending — in the top quarter for charities its size (median 4.8 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 (5.2%) (benchmarks).

Trustees · trustee networks

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

Operates in: India · Throughout England And Wales

Income and spending

Financial year endIncomeSpending
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

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 THE GRANT FOUNDATION.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
Veddis Foundation£2.8m—0unclear—no doubt
THE GRANT FOUNDATION FY2024£185k—0within—no doubt
THE INVESCO CARES FOUNDATION FY2025£142k—0unclear—no doubt
RATANBEN ZAVERCHAND KARA FOUNDATION FY2025£162k—0above—no doubt
BELVEDERE TRUST FY2025£773k—0above—no doubt
The Trevor Hemmings Foundation FY2025£490k—0above—no doubt

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