THE BORZELLO TRUST
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves stood at £1,534,228, which the trustees consider sufficient to maintain between three and six months of expenditure as per their policy. The charity reported a significant increase in income to £349,584 and a net surplus of £243,461 for the year, resulting in a healthy balance sheet with no material uncertainties regarding going concern.
What the accounts disclose
“It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month’s expenditure.” — page 4
“During the year the Charity received donations totalling £189,724 (2024: £nil) from Mr R Borzello, a trustee of the Charity.” — page 16
Corporate structure
- Registered company of the charity Companies House 04389305
Trustees
- ROBERT ANDREW BORZELLOchair
- ANNA BORZELLO
- Isabella Hagner Benson
- NICHOLAS BORZELLO
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £350k | £80k |
| 31/03/2024 | £22k | £78k |
| 31/03/2023 | £229k | £71k |
| 31/03/2022 | £303k | £74k |
| 31/03/2021 | £22k | £62k |
Common questions
Is THE BORZELLO TRUST financially healthy?
The accounts state that unrestricted reserves stood at £1,534,228, which the trustees consider sufficient to maintain between three and six months of expenditure as per their policy. The charity reported a significant increase in income to £349,584 and a net surplus of £243,461 for the year, resulting in a healthy balance sheet with no material uncertainties regarding going concern. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| BACON FOUNDATION LTD | 1 | £60k |
| THE REISNER CHARITABLE FOUNDATION LTD | 1 | £48k |
| SWIRE 2765 | 1 | £15k |
| PARKWATER FOUNDATION | 1 | £10k |
| BESIYATA | 1 | £4k |
| MW (GK) FOUNDATION | 1 | £3k |
| BHM CHARITABLE TRUST | 1 | £2k |
| Leeds Jewish Educational Centre (aka) Leeds Kollel | 1 | £1k |