GALILEO FOUNDATION

Registered charity 1175889 · accounts filings on the Charity Commission register · filing overdue (register status)

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

Financial health, per its FY2024 accounts

The accounts state that the charity made a deficit of £40,015 for the year ended 31 July 2024, resulting in unrestricted reserves decreasing to £123,578. The trustees report that this level of reserves is above their stated target of £100,000 and express confidence that ongoing fundraising will maintain satisfactory levels. The charity operates on a going concern basis with no material uncertainties identified.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Corporate structure

• Registered company of the charity Companies House 10283625

Company officers (Companies House)

Current officers of the charity’s own company per the Companies House register, cross-checked against the Charity Commission trustee list by name. A director not on the trustee list is usually a timing or naming difference between the two registers — check both records before drawing conclusions.

• NORMAND, John Farrell — director, appointed 01/03/2023on trustee list

Official officers record.

Public profiles (found on the charity’s own website): facebook · instagram

Structured financials (annual return, FY ending 31/07/2024)

Reported reserves equal ~1.9 months of spending — in the bottom quarter for charities its size (median 5.2 months; benchmarks).

Per its annual return, largest income source: Donations and legacies (100% 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: 20.4% of total income — in the top quarter for charities its size (median 4.9%) (benchmarks).

Trustees · trustee networks

• LUCY DOUGHTYchair · trustee of 2 other charities
• JOHN FARRELL NORMAND

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

Operates in: Throughout England And Wales

Income and spending

Common questions

Known funders

Grants to this charity found in funders’ own accounts filings.

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 GALILEE FOUNDATION.

• THE GALILEE FOUNDATION income £2.6m
• GEFEN FOUNDATION income £373k
• SALT FOUNDATION income £426k
• THE ELYSIUM FOUNDATION LIMITED income £107k
• THE PITUITARY FOUNDATION income £448k
• EUROPEAN COLLEGE OF BUSINESS AND MANAGEMENT income £1.1m

Side by side with its peers

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