ODIN CHARITABLE TRUST
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net increase in funds of £600,448 for the year ended 5 April 2024, driven by investment gains of £649,172 which offset total expenditure of £313,544. The charity holds unrestricted funds of £11,134,630 and maintains a reserves policy allowing the use of unrestricted funds for administrative expenses and general charitable purposes. The trustees have assessed that there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“The Unrestricted Funds represent the funds received by the charity on the creation of the charity adjusted for net movements since that date. The Trustees have the power to meet administrative expenses from this fund and may apply the income of the fund towards the general purposes of the charity.” — page 9
Structured financials (annual return, FY ending 05/04/2021)
Trustees
- DONNA LOUISE KELLY
- PIA CELIN CHERRY
- Payne Hicks Beach Trust Corporation Limited
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £313k | £348k |
| 05/04/2024 | £265k | £314k |
| 05/04/2023 | £251k | £278k |
| 05/04/2022 | £224k | £260k |
| 05/04/2021 | £627k | £448k |
Common questions
Is ODIN CHARITABLE TRUST financially healthy?
The accounts state that the charity reported a net increase in funds of £600,448 for the year ended 5 April 2024, driven by investment gains of £649,172 which offset total expenditure of £313,544. The charity holds unrestricted funds of £11,134,630 and maintains a reserves policy allowing the use of unrestricted funds for administrative expenses and general charitable purposes. The trustees have assessed that there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2024 accounts were audited by Bright Grahame Murray.
Who funds ODIN CHARITABLE TRUST?
Funders whose own accounts filings name ODIN CHARITABLE TRUST as a grant recipient include UNSEEN (UK).
Known funders
| Funder | Year | Amount |
|---|---|---|
| UNSEEN (UK) | FY2025 | £5k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE M D AND S CHARITABLE TRUST | 1 | £230k |
| LPW LIMITED | 1 | £133k |
| BEIS MENACHEM CHABAD LUBAVITCH | 1 | £102k |
| THE RABBI MOSHE & LEAH DERMER FOUNDATION | 1 | £76k |
| JEG TRUST LIMITED | 1 | £40k |
| UOHC FOUNDATION LTD | 1 | £25k |
| YESHIVAS LUBAVITCH MANCHESTER | 1 | £20k |
| SABENO LIMITED | 1 | £10k |