THE VAN NESTE FOUNDATION
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net movement in funds of £271,544, driven by significant investment gains of £442,627 which offset a net operating deficit of £171,083. Per the trustees' report, unrestricted reserves of £380,965 are considered sufficient to maintain current grant-giving levels for approximately twelve months, and the auditor confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“The Trustees' policy is to retain sufficient undesignated reserves (general funds) to maintain anticipated levels of grant giving and cover expenses for at least one year.” — page 6
“The Trust Deed permits the remuneration of a Trustee who is Secretary of the Charity. J F J Lyons received fees of £12,210 (2023 - £10,380) during the year for services as Secretary to the Trustees.” — page 20
Trustees
- Anthony Michael Delaney
- BENEDICT MARK APPLEBY
- JEREMY FRANCIS JOSEPH LYONS
- JOANNA MARY BRIDGET DICKENS
- Jessica Mary Lyons
- Lucy Appleby
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £224k | £255k |
| 31/03/2024 | £240k | £411k |
| 31/03/2023 | £234k | £366k |
| 05/04/2022 | £234k | £414k |
| 05/04/2021 | £216k | £320k |
Common questions
Is THE VAN NESTE FOUNDATION financially healthy?
The accounts state that the charity reported a net movement in funds of £271,544, driven by significant investment gains of £442,627 which offset a net operating deficit of £171,083. Per the trustees' report, unrestricted reserves of £380,965 are considered sufficient to maintain current grant-giving levels for approximately twelve months, and the auditor confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were audited by Corrigan Accountants Limited.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| ZOREYA TZEDOKOS | 1 | £164k |
| THREE PILLARS TRUST | 1 | £71k |
| SF FOUNDATION | 1 | £33k |
| THE KNIGHTLAND FOUNDATION | 1 | £30k |