THE GREENCLIFFE FOUNDATION LTD
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.
What the accounts disclose
“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
“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
“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
“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
“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
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- Chandni Pagarani
- Davinder Pagarani
- LUKE PAGARANI
- Natasha Pagarani
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 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?
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.