VIRUNGA FOUNDATION

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

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.

1. VIRUNGA FOUNDATION 2014-05-20 → present
2. AFRICA CONSERVATION FUND (UK) 2005-10-20 → 2014-05-20

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

1. VIRUNGA FOUNDATION · parent
   1. Virunga Productions CIC 100% · United Kingdom
   2. Virunga SRL 100% · Belgium
   3. Virunga Energies SAU 100% · Democratic Republic of Congo · construction, operation and commercialisation of run-of-river hydroelectric projects
   4. Virunga Development SARL 100% · Democratic Republic of Congo · management and support of sustainable development opportunities
   5. Virunga Energies SAU Limited 100% · Kenya · beneficial owner of Virunga Energies bank account
   6. Virunga Belgique SRL Limited 100% · Kenya · enable Virunga Belgique SRL bank accounts in Kenya
   7. Virunga Foundation Limited 100% · Kenya · maintain banking facilities in Kenya
   8. SICOVIR SARL 56.72% · Democratic Republic of Congo · produces various soap types and edible oils
   9. Société Provinciale d'Eau et d'Electricité du Nord-Kivu 51% · Democratic Republic of Congo · provide clean water to areas of Goma
   10. Grameen Virunga SA 67% · Democratic Republic of Congo · providing loans to small and medium sized entities
   11. Virunga Enzymes SARL 20.7% · Democratic Republic of Congo · produces the plant-based enzyme ("papain")
   12. Virunga Origins SRL 40% · Belgium · market cocoa products
   13. Virunga Chocolat SARL 20% · Democratic Republic of Congo · produces high quality chocolate products

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

Filings

20

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

1

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.