VIRUNGA FOUNDATION
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Cash
£658k
USD 879,870
-87.3% vs 2023
Net assets
£79m
USD 105,577,424
+3.1% vs 2023
Employees
1,009
+5% vs 2023
Profit before tax
—
Period ending 2024-12-31
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · Δ = latest vs prior filed period · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | Δ vs prior |
|---|---|---|---|---|
| Turnover | £10,795,569 | £12,881,673 | +19.3% | |
| Operating profit | — | — | — | |
| Profit before tax | — | — | — | |
| Net profit | £19,667,423 | £2,377,544 | -87.9% | |
| Cash | £5,165,366 | £658,339 | -87.3% | |
| Total assets less current liabilities | £91,668,502 | £90,385,110 | -1.4% | |
| Net assets | £76,617,909 | £78,995,454 | +3.1% | |
| Equity | £76,617,909 | £78,995,454 | +3.1% | |
| Average employees | 961 | 1,009 | +5% | |
| Wages | £10,895,243 | £12,445,402 | +14.2% | |
| Directors' remuneration | — | — | — |
Figures converted to GBP from USD at 0.748 per USD (Frankfurter spot rate) — hover any figure for the original. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Net margin | 182.2% | 18.5% | |
| Gearing (liabilities / total assets) | 33.7% | 31.4% | |
| Current ratio | 1.03x | 0.78x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Name history
Renamed 1 time since incorporation
- VIRUNGA FOUNDATION 2014-05-20 → present
- AFRICA CONSERVATION FUND (UK) 2005-10-20 → 2014-05-20
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- Crowe U.K. LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Trustees are satisfied that under foreseeable scenarios the Group will have sufficient funds to continue with its operations for the foreseeable future, being at least twelve months from approval date, making preparation of financial statements on a going concern basis.”
Group structure
- VIRUNGA FOUNDATION · parent
- Virunga Productions CIC 100%
- Virunga SRL 100%
- Virunga Energies SAU 100%
- Virunga Development SARL 100%
- Virunga Energies SAU Limited 100%
- Virunga Belgique SRL Limited 100%
- Virunga Foundation Limited 100%
- SICOVIR SARL 56.72%
- Société Provinciale d'Eau et d'Electricité du Nord-Kivu 51%
- Grameen Virunga SA 67%
- Virunga Enzymes SARL 20.7%
- Virunga Origins SRL 40%
- Virunga Chocolat SARL 20%
Significant events
- “Tragically, in July of 2025 the lives of ICCN Rangers Claude Nguo and Daniel Kakule ended prematurely when the Bathawk aircraft they were flying in crashed.”
- “2024 and the first months of 2025 saw a continued expansion of the illegal occupation of large areas of North Kivu, including over 40% of the area of the Virunga National Park, by the Rwandan backed M23 illegal militia supported by the Rwandan Defence Force, (RDF).”
- “A landmark project reached a key phase in the later part of 2024 in relation to a critically threatened population of Eastern Lowland Gorillas, with the release of an additional 4 female gorillas to the remaining population of 7 individuals.”
- “A project initiated in the course of 2023, funded by UNICEF, completed in the first half of 2024, saw the construction of a pipeline to deliver clean drinking water to thousands of internally displaced Congolese persons (IDPs), living on the outskirts of Goma.”
- “A change in US Government policy on foreign aid in 2025 meant USAID funding was cut off early in 2025, with only amount due for work already completed at the time of the unilateral USAID cancellation of the contract being paid in the course of 2025.”
- “A prior year adjustment was made in respect of the aircraft...aircraft acquired between 2015 and 2023 were not previously recorded within fixed assets.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
7 active · 9 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| KEYSTONE LAW LIMITED | Corporate Secretary | 2014-07-25 | — | — |
| BONDE NIELSEN, Jan | Director | 2008-07-07 | May 1938 | Danish |
| DE DONNEA, Francois Xavier | Director | 2014-01-01 | Apr 1941 | Belgian |
| JOSEPH, Michael | Director | 2019-10-10 | Jan 1946 | Irish |
| LANJOUW, Annette Elizabeth | Director | 2020-12-17 | Oct 1961 | Dutch |
| MINDUA, Antoine Kesia-Mbe, Dr | Director | 2022-06-26 | Dec 1956 | Congolese (Drc) |
| NATASEGARA, Joanna Grace | Director | 2015-09-09 | Oct 1980 | British |
Show 9 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| DE MERODE, Emmanuel | Secretary | 2008-07-07 | 2014-07-25 |
| WESTERGREN, Jussi Pekka | Secretary | 2005-10-20 | 2008-07-07 |
| BACK, Clare Letitia Rebecca | Director | 2017-03-10 | 2021-03-16 |
| DE DONNEA, Francois Xavier | Director | 2008-07-07 | 2014-01-01 |
| DE MERODE, Emmanuel | Director | 2008-07-07 | 2018-01-25 |
| LEAKEY, Richard, Dr | Director | 2005-10-20 | 2008-05-30 |
| LEANDER-ENGSTROM, Paul | Director | 2019-10-10 | 2025-09-08 |
| WESTERGREN, Jussi Pekka | Director | 2005-10-20 | 2008-11-01 |
| KEYSTONE LAW LIMITED | Corporate Director | 2014-07-25 | 2014-07-25 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Emmanuel De Merode | Individual | Voting 25–50% | 2016-04-06 | Ceased 2018-01-25 |
| Mr Jan Bonde Nielsen | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Active |
| Mr Francois Xavier De Donnea | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Active |
| Mr Emmanuel De Merode | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Active |
Filing timeline
Last 20 of 136 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-01-07 | CH04 | officers | Change corporate secretary company with change date | |
| 2025-12-18 | CH01 | officers | Change person director company with change date | |
| 2025-12-18 | CH01 | officers | Change person director company with change date | |
| 2025-12-18 | CH01 | officers | Change person director company with change date | |
| 2025-12-18 | CH01 | officers | Change person director company with change date | |
| 2025-12-18 | CH01 | officers | Change person director company with change date | |
| 2025-12-18 | CH01 | officers | Change person director company with change date | |
| 2025-12-18 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2025-12-18 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2025-12-18 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2025-12-18 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-11-27 | RP10 | address | Default companies house service address applied psc | |
| 2025-11-27 | RP10 | address | Default companies house service address applied psc | |
| 2025-11-27 | RP10 | address | Default companies house service address applied psc | |
| 2025-11-27 | RP09 | address | Default companies house service address applied officer | |
| 2025-11-27 | RP09 | address | Default companies house service address applied officer | |
| 2025-11-27 | RP09 | address | Default companies house service address applied officer | |
| 2025-11-27 | RP09 | address | Default companies house service address applied officer | |
| 2025-11-27 | RP09 | address | Default companies house service address applied officer | |
| 2025-11-27 | RP09 | address | Default companies house service address applied officer |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 20
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 1
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.