THE PALOMA FOUNDATION

Registered charity 1187153 · accounts filings on the Charity Commission register

The Paloma Foundation is yet to start operating but will be funded in due course by donations. It is intended that these donations will be used to acquire income producing UK commercial property investments with the aim of producing a regular source of income. This income will be used to make grants in accordance with the Charitable Objects.

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

Latest income

£257k

Latest spending

£3k

Registered

2019

Accounts read

FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity holds unrestricted reserves of £882,257, which is significantly above its stated policy target of £10,000 to £15,000. The charity reported a net surplus of £254,599 for the year, driven by donations and investment income, with minimal charitable expenditure incurred.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Largest income source: Donations (88% of income)

“During the year, total income amounted to £257,361, of which £227,200 was unrestricted donations and £30,161 was unrestricted interest income.” — page 15

Per its FY2024 accounts as filed with the Charity Commission.

Reserves policy: 6 months' expenditure (between £10,000 and £15,000) (held: £882k)

“The policy of the Charity is to hold free reserves equivalent to 6 months' expenditure. This is between £10,000 and £15,000.” — page 15

Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

Property (HM Land Registry)

1 registered title in England and Wales held by the charity’s company or corporate body (1 freehold); recorded price paid £555k. All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Structured financials (annual return, FY ending 31/12/2023)

Total income

£933k

Total spending

£5k

Reserves (reported)

£628k

Employees

Per its annual return, largest income source: Donations and legacies (99% 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

Jack Pitmanchair
JOLYON FROUD
Philip David Baxter

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

Operates in: Throughout England And Wales

Income and spending

Financial year end	Income	Spending
31/12/2024	£257k	£3k
31/12/2023	£933k	£5k
31/12/2022	£0	£0
31/12/2021	£0	£0
31/12/2020	£0	£0

Common questions

Is THE PALOMA FOUNDATION financially healthy?

Per its FY2024 accounts: The accounts state that the charity holds unrestricted reserves of £882,257, which is significantly above its stated policy target of £10,000 to £15,000. The charity reported a net surplus of £254,599 for the year, driven by donations and investment income, with minimal charitable expenditure incurred. Its FY2024 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.

Funder	Similar charities funded	Amount to them
SHULEM B. ASSOCIATION LIMITED	1	£850k
UNITED TALMUDICAL ASSOCIATES LTD	1	£532k
THE GENERATIONAL FOUNDATION	1	£500k
UTRY	1	£216k
TRUEDENE CO LIMITED	1	£139k
WISEHEIGHTS LIMITED	1	£25k
GERSON BERGER ASSOCIATION LIMITED	1	£25k
OLLINGHAM LIMITED	1	£20k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with S P LOHIA FOUNDATION.

S P LOHIA FOUNDATION income £1.5m
PONOSI FOUNDATION income £144k
THE GENERATIONAL FOUNDATION income £1.4m
THE TOMORO FOUNDATION income £5.0m
THE PAULINE AVIGES-GRAHAM FOUNDATION income £119k
PALMCOURT LIMITED income £186k

Side by side with its peers

Charity	Income	Top pay band	Reserves vs policy	Fundraising cost	Going concern
THE PALOMA FOUNDATION	£257k	—	above	—	no doubt
S P LOHIA FOUNDATION FY2023	£1.5m	—	above	—	no doubt
PONOSI FOUNDATION FY2025	£144k	—	unclear	—	no doubt
THE GENERATIONAL FOUNDATION FY2024	£1.4m	—	unclear	—	no doubt
THE TOMORO FOUNDATION FY2025	£5.0m	—	above	—	no doubt
THE PAULINE AVIGES-GRAHAM FOUNDATION FY2025	£119k	—	unclear	—	no doubt

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