NEXTENERGY FOUNDATION
Financial health, per its FY2024 accounts
The accounts state that unrestricted funds increased to £2,011,072 as of 30 April 2024, driven by incoming donations of £1,327,260 which exceeded total expenditure of £301,936. The charity holds an endowment fund valued at £1,347,704, contributing to its overall net assets. Per the trustees' report, the organization received principal funding from its founding sponsor, NextEnergy Group, while maintaining a small administrative cost base relative to its income.
What the accounts disclose
Funders the charity credits
- The NextEnergy Group
Structured financials (annual return, FY ending 30/04/2024)
Trustees
- ABID KAZIM
- ALDO BEOLCHINI
- Flavia Allegra Galdiolo
- GIULIA GUIDI
- M BONTE-FRIEDHEIM
- NOLINE MATEMERA
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/04/2025 | £143k | £910k |
| 30/04/2024 | £1.3m | £302k |
| 30/04/2023 | £1.4m | £463k |
| 30/04/2022 | £197k | £147k |
| 30/06/2021 | £146k | £129k |
Common questions
Is NEXTENERGY FOUNDATION financially healthy?
The accounts state that unrestricted funds increased to £2,011,072 as of 30 April 2024, driven by incoming donations of £1,327,260 which exceeded total expenditure of £301,936. The charity holds an endowment fund valued at £1,347,704, contributing to its overall net assets. Per the trustees' report, the organization received principal funding from its founding sponsor, NextEnergy Group, while maintaining a small administrative cost base relative to its income. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE GENERATIONAL FOUNDATION | 1 | £500k |
| THE PWC FOUNDATION | 1 | £10k |