M AND M FOUNDATION
Pursuing projects in line with the trust deed.
Financial health, per its FY2025 accounts
The accounts state that the charity held unrestricted free reserves of £696,357, which the trustees consider an acceptable level given the charity's limited financial obligations. The charity reported a net expenditure of £869 for the year, funded by investment income and donations, while maintaining a total fund balance of £1,700,807. The trustees confirmed there are no material uncertainties regarding the charity's ability to continue operating.
What the accounts disclose
“the trustees have resolved to maintain a minimum reserve roughly equal to the net current assets of the charity.”
“Alexandra Gate Business Centre Ltd, a wholly owned subsidiary of the M & M Foundation, donated to M & M Foundation during the year investment income amounting to £200,000.” — page 18
“Mr M Halpern, a trustee of M & M Foundation, is also a director and shareholder in Hallmark Real Estate Group Ltd.” — page 18
“Alexandra Gate Business Centre Ltd, a wholly owned subsidiary of the M & M Foundation, donated to M & M Foundation during the year investment income amounting to £200,000.” — page 18
“Mr M Halpern, a trustee of M & M Foundation, is also a director and shareholder in Hallmark Real Estate Group Ltd.” — page 18
“The wholly owned companies - AG Cardiff Ltd, AG Cardiff (2) Ltd, Alexandra Gate Business Centre Ltd and Alexandra Gate HR Ltd are all incorporated in the United Kingdom. The entire share capital of Cafe Management Ltd is owned by Alexandra Gate Business Centre Ltd” — page 16
Trustees
- Mordecai halpernchair
- David Moses Halpern
- MIRIAM HALPERN
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/10/2025 | £217k | £218k |
| 31/10/2024 | £320k | £150k |
| 31/10/2023 | £262k | £85k |
| 31/10/2022 | £193k | £152k |
| 31/10/2021 | £459k | £271k |
Common questions
Is M AND M FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that the charity held unrestricted free reserves of £696,357, which the trustees consider an acceptable level given the charity's limited financial obligations. The charity reported a net expenditure of £869 for the year, funded by investment income and donations, while maintaining a total fund balance of £1,700,807. The trustees confirmed there are no material uncertainties regarding the charity's ability to continue operating. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| DEBMAR BENEVOLENT TRUST LIMITED | 2 | £628k |
| THE JAGCLIF CHARITABLE TRUST | 1 | £4.1m |
| The Ashley Tabor-King Foundation | 1 | £1.4m |
| PETER DUBENS FAMILY FOUNDATION | 1 | £200k |
| BEIS MENACHEM CHABAD LUBAVITCH | 1 | £183k |
| THE CADOGAN CHARITY | 1 | £100k |
| DILLHAVEN LIMITED | 1 | £92k |
| YESHIVAS LUBAVITCH MANCHESTER | 1 | £20k |
Charities like this
- MW (HO) FOUNDATION
- RICHMOND TRUST FUND
- MW (CL) FOUNDATION
- MW (GK) FOUNDATION
- TAIGH MOR FOUNDATION
- YAD VEACHISOMOCH L'CHAIM
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| M AND M FOUNDATION | £217k | — | 0 | unclear | — | no doubt |
| MW (HO) FOUNDATION | £207k | — | 0 | unclear | — | no doubt |
| RICHMOND TRUST FUND | £220k | — | 0 | above | — | no doubt |
| MW (CL) FOUNDATION | £350k | — | 0 | unclear | — | no doubt |
| MW (GK) FOUNDATION | £261k | Under £60,000 | 0 | unclear | — | no doubt |
| TAIGH MOR FOUNDATION | £3.3m | — | — | unclear | — | no doubt |