THE AIMWELL CHARITABLE TRUST
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves stood at £13,618,640, which the Trustees consider satisfactory against a long-term target of £20,000,000. The charity reported a net deficit of £334,540 for the year, primarily due to charitable expenditure exceeding investment income, though this was partially offset by investment gains. The Trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“the Trustee have set the sum of £20,000,000 as their reserves target, to be achieved by capital growth and further donations, although no specific timeframe is set for this.”
“The Trust has available, without charge, the services of a personal administrator employed by a company associated with Isaac Kaye.” — page 6
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- ISAAC KAYEchair
- Craig Cowan
- GEOFFREY R JAYSON
- STEVEN KAYE
- WARREN ROITER
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £608k | £760k |
| 31/03/2024 | £229k | £1.1m |
| 31/03/2023 | £231k | £1.1m |
| 31/03/2022 | £133k | £1.1m |
| 31/03/2021 | £115k | £1.0m |
Common questions
Is THE AIMWELL CHARITABLE TRUST financially healthy?
The accounts state that unrestricted reserves stood at £13,618,640, which the Trustees consider satisfactory against a long-term target of £20,000,000. The charity reported a net deficit of £334,540 for the year, primarily due to charitable expenditure exceeding investment income, though this was partially offset by investment gains. The Trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2024 accounts were audited by BKL Audit LLP.