DE REUS FOUNDATION

Registered charity 1204215 · accounts filings on the Charity Commission register · also known as GALLERIE V

Latest income
£143k
Latest spending
£92k
Registered
2023
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity achieved a net surplus of £50,624 for the year ended 31 August 2025, having generated £143,000 in income against £92,376 in expenditure. Per the trustees' report, unrestricted reserves of £49,124 are maintained in line with the policy target of three to six months' expenditure. The trustees confirm there is a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future.

What the accounts disclose

Reserves policy: three and six month’s expenditure (held: £49k)
It is the policy of the Charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month’s expenditure. — page 4
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Donations from trustee and spouse
During the year, the charity received donations totalling £143,000 (2024: £Nil) from one of the Trustees and her spouse. These donations were made in support of the charity’s activities. No conditions were attached to the donations, and neither the Trustee nor her spouse received any benefits from the charity as a result of these contributions. — page 15
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit).

Trustees

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

Operates in: Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/08/2025£143k£92k
31/08/2024£0£2k

Common questions

Is DE REUS FOUNDATION financially healthy?

The accounts state that the charity achieved a net surplus of £50,624 for the year ended 31 August 2025, having generated £143,000 in income against £92,376 in expenditure. Per the trustees' report, unrestricted reserves of £49,124 are maintained in line with the policy target of three to six months' expenditure. The trustees confirm there is a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Its FY2025 accounts were independently examined.

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