CHORTKOV TRUST
Financial health, per its FY2025 accounts
The accounts state that the charity generated a net income of £95,355 for the year, resulting in unrestricted reserves of £73,235. The trustees consider this reserve level acceptable given the nature of revenue receipts against grants payable. The charity has secured medium-term loans to bridge deficits related to a building project and reports no material uncertainties regarding its ability to continue as a going concern.
What the accounts disclose
“the trustees have resolved to maintain a minimum reserve, being the current assets of the charity where applicable excluding the fixed assets of the charity.”
“The Moshal Charitable trust (Moshal CT) is a related party to the charity by virtue of the fact that trustee S Halpern has significant control over it. At the year end the charity owed Moshal CT £225,000. The loan was interest free and repayable on demand.” — page 17
“M & M Foundation is a related party to the charity by virtue of the fact that trustee M Halpern has significant control over it. At the year end the charity owed M & M foundation £477,500. The loan is interest free and repayable on demand.” — page 17
“The Moshal Charitable trust (Moshal CT) is a related party to the charity by virtue of the fact that trustee S Halpern has significant control over it. At the year end the charity owed Moshal CT £225,000. The loan was interest free and repayable on demand.” — page 17
“M & M Foundation is a related party to the charity by virtue of the fact that trustee M Halpern has significant control over it. At the year end the charity owed M & M foundation £477,500. The loan is interest free and repayable on demand.” — page 17
“The Moshal Charitable trust (Moshal CT) is a related party to the charity by virtue of the fact that trustee S Halpern has significant control over it. At the year end the charity owed Moshal CT £225,000. The loan was interest free and repayable on demand.” — page 17
“M & M Foundation is a related party to the charity by virtue of the fact that trustee M Halpern has significant control over it. At the year end the charity owed M & M foundation £477,500. The loan is interest free and repayable on demand.” — page 17
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £219k | £123k |
| 31/08/2024 | £135k | £142k |
| 31/08/2023 | £137k | £113k |
| 31/08/2022 | £222k | £72k |
| 31/08/2021 | £279k | £121k |
Common questions
Is CHORTKOV TRUST financially healthy?
The accounts state that the charity generated a net income of £95,355 for the year, resulting in unrestricted reserves of £73,235. The trustees consider this reserve level acceptable given the nature of revenue receipts against grants payable. The charity has secured medium-term loans to bridge deficits related to a building project and reports no material uncertainties regarding its ability to continue as a going concern. Its FY2025 accounts were independently examined.
Who funds CHORTKOV TRUST?
Funders whose own accounts filings name CHORTKOV TRUST as a grant recipient include SHEMTOV CHARITABLE TRUST, PARKLAKE CHARITY TRUST.
Shared trustees with funders
- SAMUEL HALPERN — trustee here and at SHEMTOV CHARITABLE TRUST
Known funders
| Funder | Year | Amount |
|---|---|---|
| SHEMTOV CHARITABLE TRUST | FY2023 | £25k |
| PARKLAKE CHARITY TRUST | FY2025 | £5k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| DILLHAVEN LIMITED | 1 | £71k |
| J & J CHARITABLE TRUST LIMITED | 1 | £17k |
| KTRUST LIMITED | 1 | £12k |