GENESYS LEGACY PROJECT LTD
Donation of sums to other registered charities as decided by the trustees throughout the year, funded by donations from GeneSys Biotech Ltd
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves stood at £810,038, a decrease from the previous year's £1,294,984, driven by charitable donations exceeding incoming resources. Per the trustees' report, the charity relies on funding from GeneSys Biotech Ltd, a related party, to meet its liabilities and commitments.
What the accounts disclose
“Donations of £200,000 were received from GeneSys Biotech Ltd in March 2025.” — page 5
“During the year, the charity received donations totalling £200,000 (2024: £500,000) from GeneSys Biotech Ltd, a company in which the trustees are also directors.” — page 5
Structured financials (annual return, FY ending 31/03/2024)
Trustees
- Duncan Roy Clarkchair
- Dr NICHOLAS RICHARD MORANT
- Dr SARAH LOUISE DUGDALE
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £231k | £716k |
| 31/03/2024 | £503k | £602k |
Common questions
Is GENESYS LEGACY PROJECT LTD financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves stood at £810,038, a decrease from the previous year's £1,294,984, driven by charitable donations exceeding incoming resources. Per the trustees' report, the charity relies on funding from GeneSys Biotech Ltd, a related party, to meet its liabilities and commitments. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE GENERATIONAL FOUNDATION | 1 | £500k |
Charities like this
- GENESIS AMERICA (UK) LIMITED
- GARVAN LIMITED
- THE GENERATIONAL FOUNDATION
- THE INSTITUTE OF COMMERCIAL MANAGEMENT LIMITED
- SUMNER WILSON CHARITABLE TRUST
- Notting Hill Genesis Community Foundation
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| GENESYS LEGACY PROJECT LTD | £231k | — | 0 | unclear | — | no doubt |
| GENESIS AMERICA (UK) LIMITED | £1.1m | — | 0 | unclear | — | no doubt |
| GARVAN LIMITED | £115k | — | 0 | unclear | — | no doubt |
| THE GENERATIONAL FOUNDATION | £1.4m | — | 0 | unclear | — | no doubt |
| THE INSTITUTE OF COMMERCIAL MANAGEMENT LIMITED | £1.1m | £138,582 | 2 | unclear | — | no doubt |
| SUMNER WILSON CHARITABLE TRUST | £136k | — | 0 | above | — | no doubt |