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the watches of switzerland group foundation

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Activities & Mission

The aim of the Watches of Switzerland Foundation will be to further enhance the charitable initiatives of the Watches of Switzerland Group (the 'Group') and to provide essential support, through donations, to local and national charities focused on poverty, social mobility and hardship. It is intended that the beneficiaries will be in the communities within which the Group operates.

Fundraising

See where The Watches Of Switzerland Group Foundation is active and find local fundraising opportunities.

Financial Information

Latest Income
£1,515,044
Latest Expenditure
£2,041,911

Financial Efficiency

Program Ratio 134.8%
% of income going directly to charitable activities
Overall Efficiency 100.0%
% of expenditure going to programs (vs overhead)
Administrative Ratio 3.7%
Overhead (fundraising + governance) as % of total expenditure

Latest Financial Breakdown

Income Sources

Donations & Legacies £1,515,044
Charitable Activities £0
Other Trading £0
Investments £0
Other Income £0

Expenditure Categories

Charitable Expenditure £2,041,911
Raising Funds £0
Governance £75,880
Grants to Institutions £0
Other Expenditure £0

Financial Trend

Annual Returns

Financial YearIncomeExpenditureCharitable SpendingNet AssetsReservesStaff
2024£1,515,044£2,041,911£2,041,911£2,424,943£2,424,9430 / 0
2023£1,513,170£1,673,322£1,673,322£2,951,810£2,951,8100 / 0
2022£4,519,875£1,407,913£1,407,913£3,111,962£00 / 0

Staff column shows: Employees / Volunteers

Details

Address
WATCHES OF SWITZERLAND GROUP PLC
AURUM HOUSE
2 ELLAND ROAD
BRAUNSTONE
LEICESTER
LE3 1TT
Registration Date
22 November 2021
Status
Registered

Registry Information

Organisation Number
5186777
Charity Number
1196714

Trustees

Hugh Brian Duffy
John David Hannah
David James Gandy
Ruth Georgina Benford
Terence Ian Parris
Johnathan Joseph

Sectors & Classifications