YEMIN CHARITABLE TRUST LTD
Financial health, per its FY2024 accounts
The accounts state that the charity reported a decrease in unrestricted reserves of £127,078 for the year, driven by charitable distributions exceeding net income. Per the trustees' report, there is no formal policy to maintain a specific level of reserves other than what is required for the investment portfolio, and the charity holds significant property assets valued at over £10 million to generate future income.
What the accounts disclose
“The charity was charged rent of £2,000 ( 2023 : £2,000 ) by Renee Worch Properties Limited, an entity controlled and managed by the trustees.” — page 21
“The charity received rent of £39,200 ( 2023 : £125,500) from various entities controlled and managed by the trustees or their close family members.” — page 22
“The charity was charged rent of £2,000 ( 2023 : £2,000 ) by Renee Worch Properties Limited, an entity controlled and managed by the trustees.” — page 21
“The charity received rent of £39,200 ( 2023 : £125,500) from various entities controlled and managed by the trustees or their close family members.” — page 22
“The charity was charged rent of £2,000 ( 2023 : £2,000 ) by Renee Worch Properties Limited, an entity controlled and managed by the trustees.” — page 21
“The charity received rent of £39,200 ( 2023 : £125,500) from various entities controlled and managed by the trustees or their close family members.” — page 22
“The charity was charged rent of £2,000 ( 2023 : £2,000 ) by Renee Worch Properties Limited, an entity controlled and managed by the trustees.” — page 21
“The charity received rent of £39,200 ( 2023 : £125,500) from various entities controlled and managed by the trustees or their close family members.” — page 22
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- ARNOLD HENRY
- HENRY NEUMANN
- PINCHAS NEUMANN
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £1.7m | £1.5m |
| 31/03/2024 | £1.4m | £1.5m |
| 31/03/2023 | £2.0m | £1.3m |
| 31/12/2021 | £1.2m | £867k |
| 31/12/2020 | £1.1m | £751k |
Common questions
Is YEMIN CHARITABLE TRUST LTD financially healthy?
The accounts state that the charity reported a decrease in unrestricted reserves of £127,078 for the year, driven by charitable distributions exceeding net income. Per the trustees' report, there is no formal policy to maintain a specific level of reserves other than what is required for the investment portfolio, and the charity holds significant property assets valued at over £10 million to generate future income. Its FY2024 accounts were audited by Lopian Gross Barnett & Co.
Who funds YEMIN CHARITABLE TRUST LTD?
Funders whose own accounts filings name YEMIN CHARITABLE TRUST LTD as a grant recipient include BEAULAND LIMITED, GEFEN FOUNDATION.
Shared trustees with funders
- ARNOLD HENRY — trustee here and at GEFEN FOUNDATION
- HENRY NEUMANN — trustee here and at BEAULAND LIMITED
Known funders
| Funder | Year | Amount |
|---|---|---|
| BEAULAND LIMITED | FY2024 | £40k |
| BEAULAND LIMITED | FY2023 | £10k |
| GEFEN FOUNDATION | FY2022 | £0 |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| SAMJO LIMITED | 1 | £904k |
| UNITED TALMUDICAL ASSOCIATES LTD | 1 | £357k |
| KEREN ASSOCIATION LIMITED | 1 | £188k |
| MOUNDFIELD CHARITIES LIMITED | 1 | £139k |
| MOLE CHARITABLE TRUST | 1 | £95k |
| AHAVATH CHESSED CHARITABLE ASSOCIATION LIMITED | 1 | £58k |
| CARLEE LTD | 1 | £50k |
| NES FOUNDATION LTD | 1 | £35k |