FERDINANDO & LUIGI INNOCENTI FOUNDATION
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net expenditure of £84,646 for the year, resulting in total unrestricted reserves of £29,157. The trustees confirm that assets are adequate to fulfill obligations, supported by a commitment from the main donor, Ratio Ventures Limited, to continue support for at least 12 months.
What the accounts disclose
“One (2023: 0) seconded employees received employee benefits (excluding employer pension costs) for the reporting period of more than £60,000.” — page 16
“One (2023: 0) seconded employees received employee benefits (excluding employer pension costs) for the reporting period of more than £60,000.” — page 16
“The Directors of Ratio Ventures Limited have agreed to keep [in liquid form] a sum equivalent to the average quarterly request over the last 12 months to ensure that main operations can continue for a period of 12 months or longer if required.”
“During the period, Ratio Ventures Limited settled supplier invoices on the Foundation’s behalf totalling £93,302 (2023: £31,100), paid seconded staff costs of £150,028 (2023: £97,293) and provided donations in-kind of accounting services, use of computer equipment and office space amounting to £40,198 (2023: £26,272). These are measured at their fair value.”
“Leonardo Colaianni who is the son of trustee Luca Colaianni had hotel and travel expenses of £131 (2023: £486) paid by the charity in his capacity of young advisor to the Board of Trustees.” — page 18
“During the period, Ratio Ventures Limited settled supplier invoices on the Foundation’s behalf totalling £93,302 (2023: £31,100), paid seconded staff costs of £150,028 (2023: £97,293) and provided donations in-kind of accounting services, use of computer equipment and office space amounting to £40,198 (2023: £26,272). These are measured at their fair value.”
“Leonardo Colaianni who is the son of trustee Luca Colaianni had hotel and travel expenses of £131 (2023: £486) paid by the charity in his capacity of young advisor to the Board of Trustees.” — page 18
Year-over-year changes
- Employees paid over £60,000: 0 (FY2023) → 1 (FY2024).
Structured financials (annual return, FY ending 31/12/2025)
Trustees
- Lorenzo Ferdinando Innocentichair
- Dr Luca Colaianni
- Filippo Noseda
- Ruth Pryce
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £649k | £558k |
| 31/12/2024 | £450k | £535k |
| 31/12/2023 | £985k | £163k |
Common questions
Is FERDINANDO & LUIGI INNOCENTI FOUNDATION financially healthy?
The accounts state that the charity reported a net expenditure of £84,646 for the year, resulting in total unrestricted reserves of £29,157. The trustees confirm that assets are adequate to fulfill obligations, supported by a commitment from the main donor, Ratio Ventures Limited, to continue support for at least 12 months. Its FY2024 accounts were independently examined.
What does the highest-paid employee of FERDINANDO & LUIGI INNOCENTI FOUNDATION earn?
Per its FY2024 accounts, the highest-paid employee was in the £80,001 - £90,000 band, and 1 employees earned over £60,000.