COLNAGHI FOUNDATION

Registered charity 1178872 · accounts filings on the Charity Commission register

Latest income
£133k
Latest spending
£138k
Registered
2018
Accounts read
FY2023

Financial health, per its FY2023 accounts

The accounts state that the charity reported a net movement in funds of negative £15,266, resulting in total unrestricted funds carried forward of negative £43,647. The trustees acknowledge the charity aims to be self-sustainable within the next two years and note that it is supported financially by Colnaghi Holding Ltd. Despite the deficit, the trustees maintain a going concern basis, expressing a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future.

What the accounts disclose

Reserves policy: to create sufficient reserves to enable the charity to continue its activities and services as a meaningful level, should there be a drop in income (held: £-44k)
The charity's reserves policy is to create sufficient reserves to enable the charity to continue its activities and services as a meaningful level, should there be a drop in income. — page 6
Per its FY2023 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit).

Trustees

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

Operates in: Austria · Belgium · France · Germany · Italy · Netherlands · Portugal · Spain · Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/12/2024£133k£138k
31/12/2023£91k£107k
31/12/2022£341k£75k
31/12/2021£16k£233k
31/12/2020£233k£240k

Common questions

Is COLNAGHI FOUNDATION financially healthy?

The accounts state that the charity reported a net movement in funds of negative £15,266, resulting in total unrestricted funds carried forward of negative £43,647. The trustees acknowledge the charity aims to be self-sustainable within the next two years and note that it is supported financially by Colnaghi Holding Ltd. Despite the deficit, the trustees maintain a going concern basis, expressing a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Its FY2023 accounts were independently examined.

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 NATIONAL ASSOCIATION OF DECORATIVE AND FINE ARTS SOCIETIES.