FONDATION CHANEL
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-07-09
Confirmation statement due
2026-08-12 (in 3mo)
Last made up 2025-07-29
Watchouts
None on the register
Cash
£54M
Latest balance sheet
Net assets
£144M
Equity attributable
Employees
—
Average over period
Profit before tax
—
Period ending 2024-07-09
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · latest reflected 2024-07-09
| Metric | Trend | 2023-12-31 | 2024-07-09 |
|---|---|---|---|
| Turnover | £94,900,669 | £2,275,123 | |
| Operating profit | — | — | |
| Profit before tax | — | — | |
| Net profit | £71,219,815 | -£16,193,755 | |
| Cash | £68,372,356 | £54,069,772 | |
| Total assets less current liabilities | £160,588,853 | £144,268,703 | |
| Net assets | £160,588,853 | £144,268,703 | |
| Equity | £160,588,853 | £144,268,703 | |
| Average employees | — | — | |
| Wages | £1,193,221 | £1,250,148 |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-07-09 |
|---|---|---|---|
| Net margin | 75.0% | -711.8% | |
| Current ratio | 309.51x | 43.74x |
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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Ernst & Young LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Trustees are satisfied that the Charity has sufficient net assets to continue its operations for the foreseeable future and meet all expected future financial commitments. In making this assessment, the Trustees have reviewed the Charity's Balance Sheet, along with projected cash inflows and outflows, as of the approval date of the financial statements.”
Significant events
- “The Foundation Board approved the novation of French Foundation's grant agreements, transferring the associated liability of $22.2 million. This was executed between 6 March 2024 and 23 May 2024 and formal liquidation of the French Foundation took place on 12 July 2024.”
- “The Trustees approved Fondation CHANEL becoming the sole member of the US Foundation, with Chanel, Inc. stepping down. Subsequently, the US Foundation became a subsidiary of Fondation CHANEL on 10 July 2024. From 10 July 2024, consolidated accounts will be prepared for the Charity group.”
- “On 30 December 2024, the Charity received a monetary donation of USDS95,000,000 from Chanel group company Chanel Limited in respect of cash previously pledged. This donation was not recognised as income in the reporting period as it was received after the year end.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
9 active · 5 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| SMITH, Fiona Jane | Secretary | 2024-06-05 | — | — |
| BAILLY, Renaud | Director | 2024-06-05 | Apr 1978 | French |
| BLONDIAUX, Philippe Bernard, Mr. | Director | 2020-08-02 | Jan 1965 | French |
| BRODERICK, Elizabeth | Director | 2024-12-16 | Jan 1961 | Australian |
| MAPP FRETT, Latanya | Director | 2024-06-05 | Dec 1969 | American |
| NWUNELI, Ndidi Okonkwo | Director | 2024-06-05 | Mar 1975 | Nigerian |
| PEEL, Yana Alexandra | Director | 2020-08-02 | Jun 1974 | Canadian |
| VAN ORANJE, Mabel Martine | Director | 2021-06-22 | Aug 1968 | Dutch |
| WYLIE, Katharine Alexandra | Director | 2021-07-01 | May 1979 | British |
Show 5 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| JONES-RANSLEY, Emilie Maria | Secretary | 2020-08-02 | 2024-06-05 |
| D'AVACK, Andrea | Director | 2020-08-02 | 2021-07-01 |
| ISNARD, Claire | Director | 2020-08-02 | 2024-06-05 |
| NITSCH, Marianna | Director | 2020-08-02 | 2024-06-05 |
| WOODCRAFT, Clare Fiona | Director | 2021-06-22 | 2024-06-05 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Chanel Limited | Corporate entity | Voting 75–100%, Appoints directors | 2020-08-02 | Active |
Filing timeline
Last 20 of 32 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-07-07 MA Memorandum articles
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-07-29 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-07-07 | MA | incorporation | Memorandum articles | |
| 2025-05-14 | AA01 | accounts | Change account reference date company current extended | |
| 2025-04-14 | AA | accounts | Accounts with accounts type full | |
| 2024-12-17 | AP01 | officers | Appoint person director company with name date | |
| 2024-12-12 | AA01 | accounts | Change account reference date company previous shortened | |
| 2024-08-29 | AA | accounts | Accounts with accounts type full | |
| 2024-08-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-06-19 | TM02 | officers | Termination secretary company with name termination date | |
| 2024-06-19 | AP03 | officers | Appoint person secretary company with name date | |
| 2024-06-19 | TM01 | officers | Termination director company with name termination date | |
| 2024-06-19 | TM01 | officers | Termination director company with name termination date | |
| 2024-06-19 | AP01 | officers | Appoint person director company with name date | |
| 2024-06-19 | TM01 | officers | Termination director company with name termination date | |
| 2024-06-19 | AP01 | officers | Appoint person director company with name date | |
| 2024-06-19 | AP01 | officers | Appoint person director company with name date | |
| 2024-04-23 | CH01 | officers | Change person director company with change date | |
| 2023-10-11 | AA | accounts | Accounts with accounts type full | |
| 2023-08-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-08-10 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
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.
Year-on-year
FY2023 → FY2024 · period ending 2024-07-09 vs 2023-12-31