WORLD ORT TRUST
Latest income
£582k
Latest spending
£1.1m
Registered
1994
Accounts read
FY2024
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves stood at $5,457,644, which is below the stated policy target of six to twelve months' expenditure. However, the trustees consider the charity to have sufficient resources to continue its activities for the foreseeable future, citing consistent increases in rental income.
What the accounts disclose
Highest-paid employee band: Under £60,000 — below the median for charities its size (£60k)
“There were no employees whose annual remuneration was more than $60,000.” — page 23
Per its FY2024 accounts as filed with the Charity Commission.
Reserves position: below the charity's own stated reserves policy
“The general 'free' unrestricted reserves amount to $5,457,644 (2023: $6,147,819).” — page 6
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Serviced office charges made to parent undertaking World ORT.
“During the year, serviced office charges amounting to $191,726 (2023: $52,578) were made to World ORT for the use of shared facilities. World ORT Trust is a subsidiary of World ORT, a charitable organisation in Switzerland.” — page 8
“During the year, restricted donations of $450,000 (2023: $1,250,000) were received from The Maurice Hatter Foundation of which $450,000 (2023: $1,250,000) was remitted to World ORT in the year for the Kfar Silver School project. The Maurice Hatter Foundation is related by virtue of having a common trustee.” — page 8
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Restricted donations received from The Maurice Hatter Foundation, remitted to World ORT.
“During the year, serviced office charges amounting to $191,726 (2023: $52,578) were made to World ORT for the use of shared facilities. World ORT Trust is a subsidiary of World ORT, a charitable organisation in Switzerland.” — page 8
“During the year, restricted donations of $450,000 (2023: $1,250,000) were received from The Maurice Hatter Foundation of which $450,000 (2023: $1,250,000) was remitted to World ORT in the year for the Kfar Silver School project. The Maurice Hatter Foundation is related by virtue of having a common trustee.” — page 8
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Serviced office charges made to related party ORT UK.
“During the year, serviced office charges amounting to $191,726 (2023: $52,578) were made to World ORT for the use of shared facilities. World ORT Trust is a subsidiary of World ORT, a charitable organisation in Switzerland.” — page 8
“During the year, restricted donations of $450,000 (2023: $1,250,000) were received from The Maurice Hatter Foundation of which $450,000 (2023: $1,250,000) was remitted to World ORT in the year for the Kfar Silver School project. The Maurice Hatter Foundation is related by virtue of having a common trustee.” — page 8
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Project management costs paid to Epsilon Real Estate Partners Limited.
“During the year, serviced office charges amounting to $191,726 (2023: $52,578) were made to World ORT for the use of shared facilities. World ORT Trust is a subsidiary of World ORT, a charitable organisation in Switzerland.” — page 8
“During the year, restricted donations of $450,000 (2023: $1,250,000) were received from The Maurice Hatter Foundation of which $450,000 (2023: $1,250,000) was remitted to World ORT in the year for the Kfar Silver School project. The Maurice Hatter Foundation is related by virtue of having a common trustee.” — page 8
Per its FY2024 accounts as filed with the Charity Commission.
Structured financials (annual return, FY ending 31/12/2024)
Total income
£582k
Total spending
£1.1m
Reserves (reported)
£8.4m
Employees
1
Trustees
- RICHARD HATTER
- Simon Julian Alberga
- Simon Laurence Bernstein
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £582k | £1.1m |
| 31/12/2023 | £1.1m | £1.2m |
| 31/12/2022 | £306k | £5.5m |
| 31/12/2021 | £7.0m | £371k |
| 31/12/2020 | £936k | £670k |
Common questions
Is WORLD ORT TRUST financially healthy?
The accounts state that unrestricted reserves stood at $5,457,644, which is below the stated policy target of six to twelve months' expenditure. However, the trustees consider the charity to have sufficient resources to continue its activities for the foreseeable future, citing consistent increases in rental income. Its FY2024 accounts were audited by RDP Newmans LLP.
What does the highest-paid employee of WORLD ORT TRUST earn?
Per its FY2024 accounts, the highest-paid employee was in the Under £60,000 band.
Who funds WORLD ORT TRUST?
Funders whose own accounts filings name WORLD ORT TRUST as a grant recipient include THE HAROLD HYAM WINGATE FOUNDATION.
Known funders
| Funder | Year | Amount |
|---|---|---|
| THE HAROLD HYAM WINGATE FOUNDATION | FY2025 | £18k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| ACHISOMOCH AID COMPANY LIMITED | 1 | £117k |
| THE BLUSTON CHARITABLE SETTLEMENT | 1 | £50k |
| C E K STERN CHARITABLE TRUST | 1 | £35k |
| JEG TRUST LIMITED | 1 | £24k |
| THE SYBIL SHINE MEMORIAL TRUST | 1 | £18k |
| THE SENECA TRUST | 1 | £7k |