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VERONICA AND LARS BANE FOUNDATION CIO

Registered charity 1183391 · accounts filings on the Charity Commission register

Focus will be on grant making to charitable organisations and projects for the advancement of education, health, arts and culture and organisations and projects that help promote human rights.

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

Latest income
£401k
Latest spending
£312k
Registered
2019
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity holds unrestricted reserves of £5,487,081, which significantly exceed its stated reserves policy target of covering only minimal known costs such as audit fees and bank charges. With total income of £630,933 and expenditure of £311,631, the charity generated a net surplus, maintaining a strong financial position supported by substantial investment assets.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: almost no expenditure; only known costs are audit fees (£6,900) and bank charges (£2,931) (held: £5.5m)
“The foundation has almost no expenditure. Lars and Veronica Bane have paid privately for small charges, e.g. registration fees, business cards and accounting programs. The only known cost will be for Goldwins’ audit fees, which this year was £6,900 and bank charges of £2,931.” — page 6
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Goldwins Limited. Discloses 5 of 6 completeness components.

Structured financials (annual return, FY ending 31/12/2024)

Total income
£570k
Total spending
£283k
Reserves (reported)
£4.8m
Employees
0

Reported reserves equal ~205.6 months of spending — in the top quarter for charities its size (median 7.0 months; benchmarks).

Per its annual return, largest income source: Donations and legacies (88% 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: 0.0% of total income — below the median for charities its size (2.9%) (benchmarks).

Trustees · trustee networks

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

Operates in: Throughout England

Income and spending

Financial year endIncomeSpending
31/12/2025£401k£312k
31/12/2024£570k£283k
31/12/2023£338k£267k
31/12/2022£41k£247k
31/12/2021£0£150k

Common questions

Is VERONICA AND LARS BANE FOUNDATION CIO financially healthy?

Per its FY2025 accounts: The accounts state that the charity holds unrestricted reserves of £5,487,081, which significantly exceed its stated reserves policy target of covering only minimal known costs such as audit fees and bank charges. With total income of £630,933 and expenditure of £311,631, the charity generated a net surplus, maintaining a strong financial position supported by substantial investment assets. Its FY2025 accounts were audited by Goldwins Limited.

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.

FunderSimilar charities fundedAmount to them
DAWAT-E-HADIYAH TRUST (UNITED KINGDOM)1£23.2m
THE PATRICIA AND DONALD SHEPHERD CHARITABLE TRUST1£40k
ED DE NUNZIO CHARITABLE TRUST1£30k
PATRICIA, DONALD, CHRISTINE & PATRICK SHEPHERD FOUNDATION1£5k
THE MARCHUS TRUST1£4k
THE LIZ AND TERRY BRAMALL FOUNDATION1£2k
THE EARL FITZWILLIAM CHARITABLE TRUST1£1k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with THE SAIFEE FOUNDATION OF EUROPE.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
VERONICA AND LARS BANE FOUNDATION CIO£401k—0above—no doubt
THE SAIFEE FOUNDATION OF EUROPE FY2024£21.1m—0above—no doubt
BANHAM FOUNDATION LIMITED FY2025£286k—0unclear—no doubt
LONIA LIMITED FY2025£3.1m—0above—no doubt
RICHARD SHEPHARD MUSIC FOUNDATION FY2025£671k—0within—no doubt
HQR LONDON CHARITABLE FOUNDATION FY2025£340k—0unclear—no doubt

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