THE DE LASZLO FOUNDATION
Financial health, per its FY2023 accounts
The accounts state that unrestricted reserves decreased to £3,798,226 from £3,922,548 in the prior year, driven by a net loss on investments of £411,321 and a net expenditure on charitable activities. The trustees note that investment portfolios fell around 9% in value due to economic turmoil, but confirm sufficient cash resources exist to meet commitments for at least 12 months. The charity has no employees and limited operating expenses, relying on investment income and donations to fund grants.
What the accounts disclose
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- DAMON PATRICK DE LASZLO CBEchair
- LUCY DEBORAH BIRKBECK
- ROBERT DAMON DE LASZLO ACA
- WILLIAM PATRICK DE LASZLO
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £1.6m | £1.5m |
| 31/03/2024 | £1.5m | £1.1m |
| 31/03/2023 | £1.4m | £1.1m |
| 31/03/2022 | £1.4m | £1.1m |
| 05/04/2021 | £1.1m | £763k |
Common questions
Is THE DE LASZLO FOUNDATION financially healthy?
The accounts state that unrestricted reserves decreased to £3,798,226 from £3,922,548 in the prior year, driven by a net loss on investments of £411,321 and a net expenditure on charitable activities. The trustees note that investment portfolios fell around 9% in value due to economic turmoil, but confirm sufficient cash resources exist to meet commitments for at least 12 months. The charity has no employees and limited operating expenses, relying on investment income and donations to fund grants. Its FY2023 accounts were audited by Sheen Stickland.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| HUO FAMILY FOUNDATION (UK) LIMITED | 1 | £2.3m |
| THE STEVENSON FAMILY'S CHARITABLE TRUST | 1 | £25k |
| THE ALBERT DAWSON EDUCATIONAL TRUST | 1 | £23k |