THE LERI CHARITABLE TRUST
Latest income
£486k
Latest spending
£1.1m
Registered
1999
Accounts read
FY2025
Financial health, per its FY2025 accounts
The accounts state that the charity incurred a net expenditure of £799,658, resulting in a net movement in funds of £659,704. Per the trustees' report, the charity maintains a reserves policy to keep capital sufficient to produce annual income and cover volatility. The total unrestricted funds stood at £17,036,713 at the year end.
What the accounts disclose
Reserves policy: maintain the capital fund at a level which they judge to be necessary to produce an annual income sufficient to enable the Trust to meet its objectives and the cost of so doing and the income fund at a level which would allow the Trust to continue making disbursements in periods of short-term income or expenditure volatility (held: £17.0m)
“The reserves policy established by the Trustees is to maintain the capital fund at a level which they judge to be necessary to produce an annual income sufficient to enable the Trust to meet its objectives and the cost of so doing and the income fund at a level which would allow the Trust to continue making disbursements in periods of short-term income or expenditure volatility.” — page 5
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Edwin Coe LLP - An entity in which A Broadberry is a partner. Fees for services amounting to £159,659 (2024: £168,102) were rendered by Edwin Coe LLP. These services were provided on standard commercial terms.
“Edwin Coe LLP - An entity in which A Broadberry is a partner. Fees for services amounting to £159,659 (2024: £168,102) were rendered by Edwin Coe LLP. These services were provided on standard commercial terms.” — page 21
Per its FY2025 accounts as filed with the Charity Commission.
Structured financials (annual return, FY ending 02/03/2024)
Total income
£6.5m
Total spending
£1.3m
Reserves (reported)
£0
Employees
0
Trustees
- Alison Lesley Caroline Broadberry
- John Joseph Ryan
- LEON ROSSELSON
- RUTH ROSSELSON
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 02/03/2025 | £486k | £1.1m |
| 02/03/2024 | £6.5m | £1.3m |
| 02/03/2023 | £183k | £832k |
| 02/03/2022 | £216k | £800k |
| 02/03/2021 | £305k | £818k |
Common questions
Is THE LERI CHARITABLE TRUST financially healthy?
The accounts state that the charity incurred a net expenditure of £799,658, resulting in a net movement in funds of £659,704. Per the trustees' report, the charity maintains a reserves policy to keep capital sufficient to produce annual income and cover volatility. The total unrestricted funds stood at £17,036,713 at the year end. Its FY2025 accounts were audited by Haslers.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| SF FOUNDATION | 1 | £445k |
| GERSON BERGER ASSOCIATION LIMITED | 1 | £105k |
| FRIENDS OF WMSBG-KOLEL DAMESEK ELIEZER | 1 | £100k |
| OLLINGHAM LIMITED | 1 | £100k |
| EDUCATIONAL OPPORTUNITY FOUNDATION | 1 | £90k |
| Y G S YESHIVA GEDOLA SEMINAR | 1 | £59k |
| SHULEM B. ASSOCIATION LIMITED | 1 | £50k |
| THE COLES-MEDLOCK FOUNDATION | 1 | £40k |