Academie du Vin Foundation
Financial health, per its FY2024 accounts
The accounts state that the charity holds free reserves of £136,732, which is significantly above its stated minimum reserves policy of £30,000 (£20,000 for working capital plus £10,000 for unexpected costs). The trustees confirm there are no material uncertainties regarding the charity's ability to continue, citing sufficient cash to meet planned activities for at least twelve months.
What the accounts disclose
“The charity will maintain a reserves pot of not less than £20,000 in order to provide a level of working capital that protects the continuity of the foundations work, in addition a reserves pot of not less than £10,000 in order to cover unexpected and/or unanticipated costs.” — page 3
“N De Santis, a trustee of the charity, provided consultancy services to the charity in relation to branding, marketing and raising the profile of the charity and received a fee of £25,000 (2023: £nil).” — page 16
“N De Santis, a trustee of the charity, provided consultancy services to the charity in relation to branding, marketing and raising the profile of the charity and received a fee of £25,000 (2023: £nil). The charity made a loan of £15,000 to Academie Du Vin Library Limited, a subsidiary of the charity. The loan is repayable on demand and no interest is payable. The purpose of the loan is to enable Academie Du Vin Library Limited to purchase the Classic Wine Library which is in line with the charity's objectives.” — page 16
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Ajit Puri
- Nicolas De Santis
- Richard Ivan Stoppard
- Tina Williams
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £612k | £249k |
| 31/03/2024 | £402k | £281k |
| 31/03/2023 | £370k | £1.7m |
| 31/03/2022 | £88k | £239k |
| 31/03/2021 | £46k | £75k |
Common questions
Is Academie du Vin Foundation financially healthy?
The accounts state that the charity holds free reserves of £136,732, which is significantly above its stated minimum reserves policy of £30,000 (£20,000 for working capital plus £10,000 for unexpected costs). The trustees confirm there are no material uncertainties regarding the charity's ability to continue, citing sufficient cash to meet planned activities for at least twelve months. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| TAGMARSH CHARITY LIMITED | 1 | £455k |
| INSTITUTE OF ALCOHOL STUDIES | 1 | £441k |
| FRIENDS OF WIZNITZ LIMITED | 1 | £350k |
| E B M CHARITABLE TRUST | 1 | £147k |
| BEROSA CHARITY LIMITED | 1 | £50k |
| The William Brake Foundation | 1 | £25k |
| THE VINTNERS' FOUNDATION | 1 | £24k |
| THE INNHOLDERS' CHARITABLE FOUNDATION | 1 | £15k |