NNS FOUNDATION
Latest income
£13.1m
Latest spending
£9.8m
Registered
2019
Accounts read
FY2024
Financial health, per its FY2024 accounts
The accounts state that the charity holds unrestricted funds of USD 4,091,653 and maintains a reserve policy targeting approximately USD 50,000 to cover one year of professional fees. Per the trustees' report, the charity relies on ongoing donations from its founder and has sufficient cash to cover expected expenditures for at least 12 months.
What the accounts disclose
Structured financials (annual return, FY ending 31/12/2024)
Total income
£13.1m
Total spending
£9.8m
Reserves (reported)
£40k
Employees
0
Trustees
- NNS Foundation Limited
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £13.1m | £9.8m |
| 31/12/2023 | £10.0m | £10.0m |
| 31/12/2022 | £6.5m | £12.1m |
| 31/12/2021 | £15.6m | £10.6m |
| 31/12/2020 | £4.3m | £4.1m |
Common questions
Is NNS FOUNDATION financially healthy?
The accounts state that the charity holds unrestricted funds of USD 4,091,653 and maintains a reserve policy targeting approximately USD 50,000 to cover one year of professional fees. Per the trustees' report, the charity relies on ongoing donations from its founder and has sufficient cash to cover expected expenditures for at least 12 months. Its FY2024 accounts were audited by Ernst & Young LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE GENERATIONAL FOUNDATION | 1 | £500k |