DOLMAR TRUST
To further education,to promote religious institutions, to relieve poverty and to promote other such charitable purposes.
Financial health, per its FY2025 accounts
The accounts state that the charity's unrestricted funds are in a deficit of £2,402 as of 31 March 2025, a significant improvement from the £18,763 deficit in the prior year. The trustees attribute this position to loans provided by trustees, who have assured they will not call in these loans to the detriment of the charity. The financial statements were prepared on a going concern basis, relying on the ongoing support of major creditors.
What the accounts disclose
“It is the charity's policy to maintain cash reserves of approximately two to three months of their average annual grants, to enable the charity to continue making grants.”
“These accounts have been prepared on a going concern basis due to the ongoing support of the major creditors.” — page 8
“Aggregate donations totalling £27,700 were received from trustees and related parties during the year.” — page 12
“Other creditors represents amounts owing to Mr G Mechlowitz, a trustee of this charity and to his brother, Mr D Mechlowitz. This loan is interest free and repayable on demand.” — page 12
“Aggregate donations totalling £27,700 were received from trustees and related parties during the year.” — page 12
“Other creditors represents amounts owing to Mr G Mechlowitz, a trustee of this charity and to his brother, Mr D Mechlowitz. This loan is interest free and repayable on demand.” — page 12
Trustees
- DOLLY MECHLOWITZ
- GUY MECHIOWITZ
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £29k | £13k |
| 31/03/2024 | £27k | £26k |
| 31/03/2023 | £39k | £37k |
| 31/03/2022 | £24k | £26k |
| 31/03/2021 | £38k | £37k |
Common questions
Is DOLMAR TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity's unrestricted funds are in a deficit of £2,402 as of 31 March 2025, a significant improvement from the £18,763 deficit in the prior year. The trustees attribute this position to loans provided by trustees, who have assured they will not call in these loans to the detriment of the charity. The financial statements were prepared on a going concern basis, relying on the ongoing support of major creditors. Its FY2025 accounts were independently examined.