Gallagher Re Foundation
To provide grants to support the work, aims and objectives of other charities.
Objects
THE OBJECTS OF THE CIO ARE FOR SUCH CHARITABLE PURPOSES OR FOR THE BENEFIT OF SUCH CHARITABLE INSTITUTIONS OR CHARITABLE FOUNDATIONS AND IN SUCH PROPORTIONS AS SHALL FROM TIME TO TIME BE DETERMINED BY THE TRUSTEES.
Financial health, per its FY2025 accounts
The accounts state that the charity recorded a surplus of £14,500 for the year ended 31 March 2025, bringing total unrestricted funds to £30,022. The trustees note that the charity has minimal administration costs and little need to carry significant reserves. The financial statements were prepared on a going concern basis with no material uncertainties identified by the independent examiner.
What the accounts disclose
“All income received in the period is attributable to donations.” — page 9
“With minimal administration costs, the charity has little need to carry reserves of any significance.” — page 3
“During the year, the charity received donation income of £Nil (2024 - £Nil) from the trustees.” — page 11
Policies the charity declares
- Conflicting interests
Trustees
- Divya Vasant Dattani
- Jane Elizabeth Palmer
- Marcus James MacLellan-Cook
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £26k | £12k |
| 31/03/2024 | £0 | £100 |
| 31/03/2023 | £0 | £8k |
| 31/03/2022 | £18k | £22k |
| 31/03/2021 | £42k | £45k |
Common questions
Is Gallagher Re Foundation financially healthy?
Per its FY2025 accounts: The accounts state that the charity recorded a surplus of £14,500 for the year ended 31 March 2025, bringing total unrestricted funds to £30,022. The trustees note that the charity has minimal administration costs and little need to carry significant reserves. The financial statements were prepared on a going concern basis with no material uncertainties identified by the independent examiner. Its FY2025 accounts were independently examined.