THE ARNAUD MASSENET FAMILY FOUNDATION
Latest income
£581k
Latest spending
£119k
Registered
2018
Accounts read
FY2024
Financial health, per its FY2024 accounts
The accounts state that the charity holds negative unrestricted reserves of £304,518, a position attributed to a conditional loan used to fund grants. Despite this deficit, the trustees report a surplus for the year and maintain that the charity has adequate resources to continue in operational existence for the foreseeable future.
What the accounts disclose
Reserves position: below the charity's own stated reserves policy
“The charity had negative reserves of £304,518 at 31 March 2024. The charity's policy is to pay grants based on its ability to do so taking into account commitments already made.” — page 3
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Donations from trustees
“£7,000 of donations were received from trustees during the year.” — page 12
“Trustee, A Massenet, loaned the Charity £300,000 in the year to 31 March 2023, the balance at the year end was £300,000.” — page 12
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Loan from trustee
“£7,000 of donations were received from trustees during the year.” — page 12
“Trustee, A Massenet, loaned the Charity £300,000 in the year to 31 March 2023, the balance at the year end was £300,000.” — page 12
Per its FY2024 accounts as filed with the Charity Commission.
Structured financials (annual return, FY ending 31/03/2025)
Total income
£581k
Total spending
£119k
Reserves (reported)
£157k
Employees
0
Trustees
- ARNAUD MASSENETchair
- CAROLINE SCIAMMA-MASSENET
- ISABELLA MASSENET
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £581k | £119k |
| 31/03/2024 | £7k | £6k |
| 31/03/2023 | £54 | £347k |
| 31/03/2022 | £245k | £215k |
| 31/03/2021 | £114k | £189k |
Common questions
Is THE ARNAUD MASSENET FAMILY FOUNDATION financially healthy?
The accounts state that the charity holds negative unrestricted reserves of £304,518, a position attributed to a conditional loan used to fund grants. Despite this deficit, the trustees report a surplus for the year and maintain that the charity has adequate resources to continue in operational existence for the foreseeable future. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE GENERATIONAL FOUNDATION | 1 | £500k |