THE NATASHA POONAWALLA FOUNDATION
The activities are the advancement of health and the prevention or relief of sickness and the relief of those in need by reason of ill-health in particular through the provision of financial and other support, assistance and advice, in order to save and enhance the lives of individuals and the advancement of education and learning in relation to medical science
Objects
4.1 THE ONLY OBJECTS FOR WHICH THE CHARITY IS ESTABLISHED ARE FOR THE PUBLIC BENEFIT:4.1.1 THE ADVANCEMENT OF HEALTH AND THE PREVENTION OR RELIEF OF SICKNESS AND THE RELIEF OF THOSE IN NEED BY REASON OF ILL-HEALTH IN PARTICULAR THROUGH THE PROVISION OF FINANCIAL AND OTHER SUPPORT, ASSISTANCE AND ADVICE, IN ORDER TO SAVE AND ENHANCE THE LIVES OF INDIVIDUALS;4.1.2 THE ADVANCEMENT OF EDUCATION AND LEARNING IN RELATION TO MEDICAL SCIENCE AND IN PARTICULAR THE PROMOTION OF VACCINE RESEARCH AND DISSEMINATION OF THE USEFUL RESULTS THEREOF, IN ORDER TO SAVE AND ENHANCE THE LIVES OF INDIVIDUALS; AND4.1.3 SUCH OTHER INCIDENTAL AND ANCILLARY EXCLUSIVELY CHARITABLE ACTIVITY AS THE TRUSTEES FROM TIME TO TIME THINK FIT,(THE OBJECTS).
Financial health, per its FY2024 accounts
The accounts state that the charity holds unrestricted reserves of £1,997,556, which the trustees consider adequate to meet current and medium-term needs. The charity generated a surplus of £49,455 for the year, primarily from investment income, while incurring £12,996 in fundraising costs. The trustees confirmed that sufficient cash is available to cover running costs for at least twelve months from the date of approval.
What the accounts disclose
“The Trustees periodically review the Reserves Policy, recognising that the Foundation's income varies from year to year. To enable the Foundation to effectively plan its activities, the charity holds reserves with an appropriate level of liquidity, ensuring they are adequate to meet current and medium-term needs.” — page 5
“In 2023, SLS paid £42,764 on behalf of the Foundation for donations, which was fully repaid within the same year. No such transactions occurred in the current year, and there were no outstanding balances due to or from SLS at either 31 December 2024 or 31 December 2023.” — page 20
Policies the charity declares
- Complaints policy and procedures
- Financial reserves policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Safeguarding policy and procedures
- Trustee conflicts of interest policy and procedures
Corporate structure
- Registered company of the charity Companies House 13678016
Company officers (Companies House)
- COLL, Andrew Patrick on trustee list
- SINEL, Paul on trustee list
Structured financials (annual return, FY ending 31/12/2022)
Trustees
- Andrew Collchair
- Paul Sinel
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £45k | £321k |
| 31/12/2024 | £62k | £13k |
| 31/12/2023 | £56k | £94k |
| 31/12/2022 | £2.0m | £13k |
Common questions
Is THE NATASHA POONAWALLA FOUNDATION financially healthy?
Per its FY2024 accounts: The accounts state that the charity holds unrestricted reserves of £1,997,556, which the trustees consider adequate to meet current and medium-term needs. The charity generated a surplus of £49,455 for the year, primarily from investment income, while incurring £12,996 in fundraising costs. The trustees confirmed that sufficient cash is available to cover running costs for at least twelve months from the date of approval. Its FY2024 accounts were audited by KNAV Limited.