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VICTOR ADDA FOUNDATION

Registered charity 291456 · accounts filings on the Charity Commission register

The principle activity of the trust is the continued support of the Fan Museum Trust.

Causes: Arts/culture/heritage/science · Get email alerts

Latest income
£81k
Latest spending
£54k
Registered
1985
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity holds unrestricted free reserves of £1,942,799.03, which significantly exceeds its stated policy target of three months of unrestricted charitable expenditure. The charity reported a net income surplus for the year, with total income of £81,333.96 against total expenditure of £53,798.55, indicating strong financial stability.

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

What the accounts disclose

Reserves policy: three months of unrestricted charitable expenditure (held: £1.9m)
“The Trustees aim to maintain free reserves in unrestricted funds at a level which equates to approximately three months of unrestricted charitable expenditure.” — page 4
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Administration fees paid to Kleinwort Hambros Trust Company (UK) Limited, a corporate trustee.
“Kleinwort Hambros Trust Company (UK) Limited received a fee of £8,100.00 (£8,220.00 in 2024) for administration services.” — page 9
Per its FY2025 accounts as filed with the Charity Commission.

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

Trustees · trustee networks

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

Operates in: City Of London

Income and spending

Financial year endIncomeSpending
31/03/2025£81k£54k
31/03/2024£72k£59k
31/03/2023£65k£90k
31/03/2022£273k£46k
31/03/2021£51k£54k

Common questions

Is VICTOR ADDA FOUNDATION financially healthy?

Per its FY2025 accounts: The accounts state that the charity holds unrestricted free reserves of £1,942,799.03, which significantly exceeds its stated policy target of three months of unrestricted charitable expenditure. The charity reported a net income surplus for the year, with total income of £81,333.96 against total expenditure of £53,798.55, indicating strong financial stability. Its FY2025 accounts were independently examined.