THE GREENCLIFFE FOUNDATION LTD

Registered charity 1196347 · accounts filings on the Charity Commission register

The Foundation is a grant making foundation with the objective of promoting such purposes as are exclusively charitable in accordance with the laws of England & Wales as the trustees may from time to time determine. The Foundation primary focus is in India.

Causes: General Charitable Purposes · Education/training · The Advancement Of Health Or Saving Of Lives · Disability · The Prevention Or Relief Of Poverty · Environment/conservation/heritage · Grant history (this charity is a funder) · Get email alerts

Latest income
£101.8m
Latest spending
£89.4m
Registered
2021
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that unrestricted reserves increased to £31,435,006, supported by significant commercial trading income of £93,367,576 from its subsidiary. The trustees report adequate resources for the foreseeable future, noting that the charity is in an early stage of evolution with a long-term plan to balance income and expenditure over 30-40 years.

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

What the accounts disclose

Related-party transaction: T Choithram & Sons (London) Ltd and Natco Foods Ltd are wholly owned subsidiaries.
“The consolidated financial statements include the results of the below group undertaking, T Choithram & Sons (London) Ltd, which was acquired upon donation of the share capital on 1 March 2022, along with its 100% owned subsidiary, Natco Foods Ltd.” — page 17
“Rent payable - - 400,000 400,000” — page 25
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Rent payable to connected party T Choithram International SA.
“The consolidated financial statements include the results of the below group undertaking, T Choithram & Sons (London) Ltd, which was acquired upon donation of the share capital on 1 March 2022, along with its 100% owned subsidiary, Natco Foods Ltd.” — page 17
“Rent payable - - 400,000 400,000” — page 25
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Gift aid donation from subsidiary.
“The consolidated financial statements include the results of the below group undertaking, T Choithram & Sons (London) Ltd, which was acquired upon donation of the share capital on 1 March 2022, along with its 100% owned subsidiary, Natco Foods Ltd.” — page 17
“Rent payable - - 400,000 400,000” — page 25
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Investment property donated by connected party T Choithram International SA.
“The consolidated financial statements include the results of the below group undertaking, T Choithram & Sons (London) Ltd, which was acquired upon donation of the share capital on 1 March 2022, along with its 100% owned subsidiary, Natco Foods Ltd.” — page 17
“Rent payable - - 400,000 400,000” — page 25
Per its FY2024 accounts as filed with the Charity Commission.
Trading subsidiary: T Choithram & Sons (London) Ltd, Natco Foods Ltd
“The consolidated financial statements include the results of the below group undertaking, T Choithram & Sons (London) Ltd, which was acquired upon donation of the share capital on 1 March 2022, along with its 100% owned subsidiary, Natco Foods Ltd.” — page 17
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Berringers LLP. Discloses 3 of 6 completeness components.

Corporate structure

T.CHOITHRAM & SONS(LONDON)LIMITED — per its own Companies House accounts
  • Turnover: £6.2m
  • Profit before tax: £-1.7m
  • Note 11 discloses amounts due from related undertakings of £23,064,856 (2023: £10,214,669). Note 12 discloses amounts owed to group undertakings of £3,633,680 (2023: £1,356,567) and amounts owed to the ultimate parent undertaking of £8,119,358 (2023: £0).
NATCO FOODS LIMITED — per its own Companies House accounts
  • Turnover: £87.2m
  • Profit before tax: £4.5m
  • Donated/gift-aided to the charity: £2.4m
“The distribution relates to a donation to the Greencliffe Foundation Ltd £2,400,000 (2023: £2,148,068), the ultimate parent undertaking.”

Company officers (Companies House)

Current officers of the charity’s own company per the Companies House register, cross-checked against the Charity Commission trustee list by name. A director not on the trustee list is usually a timing or naming difference between the two registers — check both records before drawing conclusions.

Official officers record.

Property (HM Land Registry)

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

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

Total income
£101.8m
Total spending
£89.4m
Cost of raising funds
£88.9m
Reserves (reported)
£46.1m
Employees
0

Reported reserves equal ~6.2 months of spending — above the median for charities its size (median 2.7 months; benchmarks).

Per its annual return, largest income source: Other trading activities (92% 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: 87.3% of total income — above the 90th percentile for charities its size (median 2.9%) (benchmarks).

Trustees · trustee networks

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

Operates in: Bangladesh · India · Nepal

Income and spending

Financial year endIncomeSpending
31/12/2024£101.8m£89.4m
31/12/2023£90.2m£88.1m
31/12/2022£69.0m£61.4m

Common questions

Is THE GREENCLIFFE FOUNDATION LTD financially healthy?

Per its FY2024 accounts: The accounts state that unrestricted reserves increased to £31,435,006, supported by significant commercial trading income of £93,367,576 from its subsidiary. The trustees report adequate resources for the foreseeable future, noting that the charity is in an early stage of evolution with a long-term plan to balance income and expenditure over 30-40 years. Its FY2024 accounts were audited by Berringers LLP.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with THE LOWER GREEN FOUNDATION.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
THE GREENCLIFFE FOUNDATION LTD£101.8m—0unclear—no doubt
THE LOWER GREEN FOUNDATION FY2025£188k—0above—no doubt
THE MCLAIN FOUNDATION LIMITED FY2024£2.8m—0unclear—no doubt
THE GREEN HALL FOUNDATION FY2025£535k—0below—no doubt
The Grocott Family Foundation FY2025£926k—0unclear—no doubt
GRAFF FOUNDATION FY2025£1.4m—0above—no doubt

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