THE ROZAC CHARITABLE TRUST
Financial health, per its FY2024 accounts
The accounts state that the charity ended the year with net assets of £1,506,494, a significant improvement from the previous year's liabilities of £2,338. The trustees report that free reserves were £744, which they consider an acceptable level sufficient to maintain regular grants at current year levels. The charity generated a net income of £1,508,832, primarily driven by a £350,354 gain on investment properties and new donations.
What the accounts disclose
“It is the policy of the charity to hold reserves sufficient to maintain regular grants at current years levels. The trustees feel it would be prudent to maintain reserves at such a level that would enable the charity to generate its own income to meet this aim.”
“During the year, M Kaufman, trustee of the charity, lent various sums to the charity totalling £24,607 on an interest free basis. The charity repaid these loans within the year. During the year, donations of £27,720 were received from related parties. The following grants were awarded to charities which have trustees in common with this charity: MO Charitable Trust £8,500 MYR Charitable Trust £1,200 5K Foundation £4,000 MK Charitable Trust £2,500” — page 22
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- Devorah Buna Rubinstien
- Esther kaufman
- MAURICE MOSES KAUFMAN
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £1.3m | £101k |
| 31/12/2023 | £0 | £4k |
| 31/12/2022 | £3k | £4k |
| 31/12/2021 | £19k | £334k |
| 31/12/2020 | £51k | £33k |
Common questions
Is THE ROZAC CHARITABLE TRUST financially healthy?
The accounts state that the charity ended the year with net assets of £1,506,494, a significant improvement from the previous year's liabilities of £2,338. The trustees report that free reserves were £744, which they consider an acceptable level sufficient to maintain regular grants at current year levels. The charity generated a net income of £1,508,832, primarily driven by a £350,354 gain on investment properties and new donations. Its FY2024 accounts were audited by Haffner Hoff Auditors Ltd.
Who funds THE ROZAC CHARITABLE TRUST?
Funders whose own accounts filings name THE ROZAC CHARITABLE TRUST as a grant recipient include M O CHARITABLE TRUST.
Shared trustees with funders
- MAURICE MOSES KAUFMAN — trustee here and at M O CHARITABLE TRUST
Known funders
| Funder | Year | Amount |
|---|---|---|
| M O CHARITABLE TRUST | FY2024 | £1.1m |
| M O CHARITABLE TRUST | FY2024 | £10k |
| M O CHARITABLE TRUST | FY2025 | £0 |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| BEIS MENACHEM CHABAD LUBAVITCH | 1 | £102k |
| DILLHAVEN LIMITED | 1 | £71k |
| SHEMTOV CHARITABLE TRUST | 1 | £25k |
| YESHIVAS LUBAVITCH MANCHESTER | 1 | £20k |
| J & J CHARITABLE TRUST LIMITED | 1 | £17k |
| KTRUST LIMITED | 1 | £12k |
| PARKLAKE CHARITY TRUST | 1 | £5k |
| SABENO LIMITED | 1 | £3k |