Finance Score: -1

Governance Score: -10

Support Score: 0

Poor Liquidity: -1
Strong growth: +2
Multiple Deficits: -2

Only 3 Trustees: -2
Narrow trustee age band: -2
Static board: -3
All male board: -3

No supporters identified

Overall GiG Score: -11

AVRA FOUNDATION

Environmental scientific research, conversation of the marine environment, improving healthcare for children with cancer, providing assistance to refugees and those disadvantaged members of society that have been most severely effected by the economic crises in Greece, sponsoring cultural institutions and organisations.

Analysis by Giving is Great

Positives:

There has been strong growth in spending over the last 5 years

Regulatory & Governance issues to consider:

There are only 3 trustees
The Board is completely male
The Board composition appears to be rather static and has little diversity in terms of age

Financial issues to consider:

Liquidity appears to have been slender at the latest year end
On several occasions in recent years income has been less than spending

Financial Data ?

Income & Spending ?

Sources of Income ?

Y/E		Income £k	Spending £k	Surplus/ Deficit	Fundraising Cost £k	Total Funds £k	Unrestricted Funds £k	Mths Rsrvs
31/12/23		£2,102	£2,111	£-9	£0	£2	£2	0
31/12/22		£1,904	£1,900	£4	£0	£12	£12	0.1
31/12/21		£1,900	£2,290	£-390	£0	£8	£8	0
31/12/20	*	£919	£580	£339	£0	£397	£397	8.2
31/12/19	*	£888	£1,035	£-147	£0	£59	£59	0.7
31/12/18		£450	£244	£206	£0	£0	£0	n/a

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Financial Ratios

Fundraising Costs/Relevant Income: 0%
Fundraising Costs/Total Spending: 0%
Highest pay band: Less than £60,000
Liabilities/Assets: 81%
Liabilities/Income: 1%
Unrestricted Funds/Total Funds: 100%
Reserves/Spending: 0 months
Net Current Assets/Spending: 0 months
Quick Ratio: 1.2

Asset Split ?

Established: 6 years

foundation@lemosbrothers.com

02070163094

Charity Commission for England and Wales

Listed activities

General Charitable Purposes

GiG Classification

Grant-making foundations

How it operates

Makes Grants to Organisations
Sponsors or undertakes research

Where it operates

Greece, Throughout England And Wales,

Who it helps

Children/Young People
Other Charities Or Voluntary Bodies
Other Defined Groups
The General Public/Mankind

Who supports them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (3)

Current Trustees appointed

Gender Split

Age Range of Trustees: 50-60

CHRISTOPHER JONATHAN JAMES GROVES Appointed: 2018, Occupation: Solicitor, Other trusteeship: BLENHEIM PALACE HERITAGE FOUNDATION,

GEORGE KANGIS Appointed: 2018, Occupation: Commercial Chief Of Staff

KIM HAAKONSON Appointed: 2018, Occupation: Private Chief Of Staff

Legal constitution

Charitable company registered in England & Wales on 18/04/2018, number: 1178012
Registered at Companies House on 08/02/2018, number: 11194376

Gift Aid

Registered with HMRC for Gift Aid

Policies in force

Conflicting interests
Risk management

Filing Record

6 returns made; AR20: 3 days late, AR19: 13 days late,

Main office

Avra Foundation
5 Hanover Square
LONDON
W1S 1HE

Objectives

THE OBJECTS OF THE CHARITY ARE SUCH EXCLUSIVELY CHARITABLE PURPOSES AS THE TRUSTEES MAY IN THEIR ABSOLUTE DISCRETION DETERMINE.

Data Sources