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GALLEON FOUNDATION

Registered charity 1199371 · accounts filings on the Charity Commission register

Galleon Foundation is a charitable organisation that has been set up to award grants or to make further charitable donations in the field of the Arts and Heritage. All awards are made at the discretion of the trustees governing the charity. Galleon Foundation was founded in 2022 to make a tangible difference in fields of its interest including supporting educational opportunities.

Causes: General Charitable Purposes · Get email alerts

Latest income
£44k
Latest spending
£93k
Registered
2022
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that unrestricted reserves stood at £1,140,931 as of 30 April 2025, with £996,255 held in cash. The trustees consider the financial position satisfactory and confirm the charity is a going concern, maintaining sufficient funds to meet commitments and sustain ongoing operations.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: sufficient to fund the charitable company's core expenditure (held: £1.1m)
“The Trustees monitor these fund levels to ensure they are sufficient to fund the charitable company's core expenditure.” — page 5
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Last year, the charitable company received donations totalling £50,000 from related parties. This includes £25,000 from the Trustee, A F Chapman-Daniel and £25,000 from O Daniel who is a close family member of the Trustee.
“Last year, the charitable company received donations totalling £50,000 from related parties. This includes £25,000 from the Trustee, A F Chapman-Daniel and £25,000 from O Daniel who is a close family member of the Trustee.”
Per its FY2025 accounts as filed with the Charity Commission.

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

Structured financials (annual return, FY ending 30/04/2023)

Total income
£1.2m
Total spending
£39k
Reserves (reported)
£1.1m
Employees
0

Per its annual return, largest income source: Donations and legacies (100% 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.

Trustees · trustee networks

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

Operates in: Antigua And Barbuda · Israel · Northern Ireland · Scotland · Throughout England And Wales

Income and spending

Financial year endIncomeSpending
30/04/2025£44k£93k
30/04/2024£94k£30k
30/04/2023£1.2m£39k

Common questions

Is GALLEON FOUNDATION financially healthy?

Per its FY2025 accounts: The accounts state that unrestricted reserves stood at £1,140,931 as of 30 April 2025, with £996,255 held in cash. The trustees consider the financial position satisfactory and confirm the charity is a going concern, maintaining sufficient funds to meet commitments and sustain ongoing operations. Its FY2025 accounts were independently examined.