Canopi Foundation

Charity number: 1075749
Charity reporting is up to date (on time)

Charity overview

Activities - how the charity spends its money

Canopi supports charities and social organisations to improve their efficiency in direct pursuit of their social impact. Canopi works with it's network of third sector, corporate and public sector partners to support organisations looking to 'scale up' or expand, create efficiencies or preparing for investment, through provision of capital, skill, training and information.

Income and expenditure

Data for financial year ending 31 March 2024

Total income:
£2,895,762

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Donations and legacies £61.02k
Charitable activities £0
Other trading activities £2.25m
Investments £585.94k
Other £0

Total expenditure:
£4,876,755

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Raising funds £0
Charitable activities £4.88m
Other £0

£0 investments gains (losses)

Charitable expenditure

Charitable expenditure

Some charities generate all, or a substantial part, of their income from investments which may have been donated to the charity as endowment or set aside by the charity from its own resources in the past. Such investments usually take the form of stocks and shares but may include other assets, such as property, that are capable of generating income and/or capital growth.

In managing their spending and investments charities need to strike a balance between the needs of future and current beneficiaries. They also need to take account of spending commitments that may stretch over a number of future years. To do this, charities will normally adopt an investment strategy designed to generate both income and capital growth. To maximise returns trustees may commit to investment strategies for several years.

Investments can experience large swings in value so trustees may, in a particular year, decide to realise and spend part of their charity’s capital or to invest part of its income.

By clicking the investment gains checkbox the charitable spending bar is adjusted to take account of capital growth as well as income. This shows the balance the charity is striking, between spending on current beneficiaries and retaining resources for future beneficiaries.

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Raising funds and other expenditure £0
Charitable expenditure £4.88m

People

12 Employee(s)

4 Trustee(s)

10 Volunteer(s)

Employees with total benefits over £60,000

Number of employees
£60k to £70k 2
£80k to £90k 1

Fundraising

No information available

Trading

One or more trustees are also directors of the subsidiaries

Trustee payments

No trustees receive any remuneration, payments or benefits from the charity.

What, who, how, where

What the charity does:
  • General Charitable Purposes
  • Education/training
  • Economic/community Development/employment
  • Other Charitable Purposes
Who the charity helps:
  • Other Charities Or Voluntary Bodies
  • Other Defined Groups
How the charity helps:
  • Makes Grants To Organisations
  • Provides Human Resources
  • Provides Advocacy/advice/information
  • Sponsors Or Undertakes Research
  • Acts As An Umbrella Or Resource Body
  • Other Charitable Activities
Where the charity operates:
  • Throughout England And Wales

Governance

Registration history:
  • 28 May 1999: Standard registration
Organisation type:
Charitable company
Other names:
  • BRIGHT RED DOT FOUNDATION (Working name)
  • CAC-COMMUNITY ACTION CENTRE (Working name)
  • CAN - COMMUNITY ACTION NETWORK (Working name)
  • COMMUNITY ACTION NETWORK (Working name)
  • BRIGHT RED DOT FOUNDATION LIMITED (Previous name)
  • THE HELEN TAYLOR THOMPSON FOUNDATION LIMITED (Previous name)
Company number:
03635124 Open in new window
Gift aid:
Not recognised by HMRC for gift aid
Other regulators:
No information available
Policies:
  • Bullying and harassment policy and procedures
  • Complaints handling
  • Complaints policy and procedures
  • Conflicting interests
  • Financial reserves policy and procedures
  • Internal charity financial controls policy and procedures
  • Internal risk management policy and procedures
  • Investing charity funds policy and procedures
  • Investment
  • Paying staff
  • Risk management
  • Safeguarding vulnerable beneficiaries
  • Serious incident reporting policy and procedures
  • Trustee conflicts of interest policy and procedures
  • Trustee expenses policy and procedures
  • Volunteer management
Land and property:
This charity owns and/or leases land or property

Trustees

Trustees are the people responsible for controlling the work, management and administration of the charity on behalf of its beneficiaries. Generally trustees are treasurer, chair, board member etc. The trustees are responsible for keeping this list up to date and can do this by updating their details as they happen through the online service

4 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
Jyotsna Jagmohan Chandrani Trustee 22 November 2023
Education Saves Lives
Received: On time
Canopi Foundation 1
Received: On time
Canopi Foundation 2
Received: On time
Stuart Phillip Dawson Trustee 09 February 2022
Canopi Foundation 1
Received: On time
Canopi Foundation 2
Received: On time
Education Saves Lives
Received: On time
Russell Holmes Thompson Trustee 19 February 2020
Canopi Foundation 1
Received: On time
Canopi Foundation 2
Received: On time
Education Saves Lives
Received: On time
Miles Nicholas Donohoe Trustee 21 August 2019
Canopi Foundation 1
Received: On time
Canopi Foundation 2
Received: On time
Education Saves Lives
Received: On time

Financial history

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Financial period end date

Income / Expenditure 31/03/2020 31/03/2021 31/03/2022 31/03/2023 31/03/2024
Total gross income £4.81m £3.47m £3.08m £2.54m £2.90m
Total expenditure £4.47m £3.39m £2.79m £3.25m £4.88m
Income from government contracts N/A N/A N/A N/A N/A
Income from government grants N/A N/A N/A N/A N/A
Income - Donations and legacies £38.92k £39.27k £127.50k £13.51k £61.02k
Income - Other trading activities £0 £0 £0 £0 £2.25m
Income - Charitable activities £4.61m £3.23m £2.87m £2.24m £0
Income - Endowments £0 £0 £0 £0 £0
Income - Investment £6.53k £2.65k £2.36k £247.81k £585.94k
Income - Other £153.22k £199.91k £78.38k £38.10k £0
Income - Legacies £0 £39.27k £100.00k £0 £50.00k
Expenditure - Charitable activities £4.47m £3.39m £2.79m £3.25m £4.88m
Expenditure - Raising funds £0 £0 £0 £0 £0
Expenditure - Governance £101.94k £201.58k £49.30k £36.47k £36.66k
Expenditure - Grants institution £0 £0 £0 £0 £0
Expenditure - Investment management £0 £0 £0 £0 £0
Expenditure - Other £0 £0 £0 £0 £0

Assets and liabilities

Definitions for assets and liabilities
Own use assets

These are assets, other than investments, which are held for more than 12 months and used to run and administer the charity such as buildings, offices, exhibits and fixtures and fittings.

Long term Investments

Investments are assets held by the charity with the sole aim of generating income which will be used for their charitable purposes such as deposit accounts, shares, rental property and unit trusts.
Investment assets are re-valued every year and included in the balance sheet at their current market value.
Long term investments are held for more than 12 months.

Other assets

These are assets held generally for less than 12 months such as cash and bank balances, debtors, investments to be sold within the coming year and trading stock.

Defined benefit pension scheme asset or liability

This is a surplus or deficit in any defined benefit pension scheme operated and represents a potential long-term asset or liability.

Total liabilities

These are all the amounts owed by the charity at the balance sheet date to third parties such as bills due but not yet paid, bank overdrafts and loans and mortgages.

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Asset / Liability 31/03/2020 31/03/2021 31/03/2022 31/03/2023 31/03/2024
Own use assets £39.52m £39.51m £15.54m £15.57m £13.92m
Long-term investments £0 £0 £0 £0 £0
Other assets £2.87m £2.60m £15.14m £14.18m £13.08m
Defined benefit pension scheme asset or liability £0 £0 £0 £0 £0
Total liabilities £14.57m £14.21m £2.49m £2.28m £8.89m

Accounts and annual returns

This table shows the charity's record of submitting annual returns, accounts and trustees' annual report (TAR) for the last five financial periods.
Title Reporting year Date received Received Download
Annual return 31 March 2024 09 December 2024 On Time
Accounts and TAR 31 March 2024 09 December 2024 On Time Download Open in new window
Annual return 31 March 2023 02 January 2024 On Time
Accounts and TAR 31 March 2023 02 January 2024 On Time Download Open in new window
Annual return 31 March 2022 20 December 2022 On Time
Accounts and TAR 31 March 2022 20 December 2022 On Time Download Open in new window
Annual return 31 March 2021 27 January 2022 On Time
Accounts and TAR 31 March 2021 27 January 2022 On Time Download Open in new window
Annual return 31 March 2020 22 January 2021 On Time
Accounts and TAR 31 March 2020 22 January 2021 On Time Download Open in new window
Submit annual return Open in new window

Governing document

Details of the type of governing document the charity has and when it was established.
It is not the full text of the charity's governing document.

MEMORANDUM AND ARTICLES OF ASSOCIATION INCORPORATED 15TH SEPTEMBER 1998, AS AMENDED BY SPECIAL RESOLUTION DATED 10TH MAY 1999 AS AMENDED BY SPECIAL RESOLUTION REGISTERED AT COMPANIES HOUSE ON 23 MAR 2018 as amended on 03 Aug 2022

Charitable objects

TO IMPROVE THE EFFICIENCY OF THE ADMINISTRATION OF CHARITIES IN DIRECT PURSUIT OF THEIR OBJECTS BY THE PROVISION OF TRAINING AND INFORMATION, PARTICULARLY IN THE FIELD OF INFORMATION TECHNOLOGY, AND FOR SUCH OTHER PURPOSES AS THE TRUSTEES SHALL FROM TIME TO TIME DETERMINE.

Area of benefit

The area the charity can operate in, as set out in its governing document.

NOT DEFINED

Contact information

Address:
Canopi
82 Tanner Street
London
SE1 3GN
Phone:
02030967661
Email:
info@canopi.org.uk
Website:

www.canopi.org.uk Open in new window