THE PORTLAND TRUST

Registered charity 1106429 · accounts filings on the Charity Commission register

The Portland Trust supports a number of projects in the furtherance of its charitable activities. Full details of these projects are given in the Trustees' Report included in the annual accounts.

Causes: General Charitable Purposes · Education/training · The Advancement Of Health Or Saving Of Lives · The Prevention Or Relief Of Poverty · Economic/community Development/employment · Grant history (this charity is a funder) · website · Get email alerts

Latest income

£2.9m

Latest spending

£3.3m

Registered

2004

Accounts read

FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity ended the year with unrestricted retained reserves of £1,383,773, which the Trustees consider adequate against their policy target of approximately £350,000. Per the auditors' report, there are no material uncertainties regarding the charity's ability to continue as a going concern, and the balance sheet shows a liquid cash position of £2,395,422.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: three months of regular operational expenditure which equates to approximately £350,000 (held: £1.4m)

“The Trustees consider that generally, free reserves should be sufficient to cover approximately three months of regular operational expenditure which equates to approximately £350,000.”

Per its FY2024 accounts as filed with the Charity Commission.

Payments to trustees: Nicola Cobbold received £9,500 for non-Trustee consultancy work.

“one of the Trustees, Nicola Cobbold receives remuneration for her non-Trustee work on the basis of a consultancy contract. Her total renumeration in 2024 was £9,500 (2023: 11,500).” — page 6

Per its FY2024 accounts as filed with the Charity Commission.

Related-party transaction: Donation from Sir R Cohen

“During the year, Sir R Cohen made donations totalling £504,009 (2023: £1,354,050). In the prior year, The Portland Trust received a loan of £350,000 from Sir R Cohen, who is a Trustee of the charity. The loan was interest free and was repaid in full during the year. No loans were received in the current year.” — page 30

“The Lady Judith Solomon Charitable Foundation (formerly Heathside Charitable Trust), of which Sir H Solomon is also a Trustee donated £37,500 (2023: £62,500) to The Portland Trust.” — page 30

Per its FY2024 accounts as filed with the Charity Commission.

Related-party transaction: Donation from The Lady Judith Solomon Charitable Foundation

“During the year, Sir R Cohen made donations totalling £504,009 (2023: £1,354,050). In the prior year, The Portland Trust received a loan of £350,000 from Sir R Cohen, who is a Trustee of the charity. The loan was interest free and was repaid in full during the year. No loans were received in the current year.” — page 30

“The Lady Judith Solomon Charitable Foundation (formerly Heathside Charitable Trust), of which Sir H Solomon is also a Trustee donated £37,500 (2023: £62,500) to The Portland Trust.” — page 30

Per its FY2024 accounts as filed with the Charity Commission.

Related-party transaction: Donation from The Davis Foundation

“During the year, Sir R Cohen made donations totalling £504,009 (2023: £1,354,050). In the prior year, The Portland Trust received a loan of £350,000 from Sir R Cohen, who is a Trustee of the charity. The loan was interest free and was repaid in full during the year. No loans were received in the current year.” — page 30

“The Lady Judith Solomon Charitable Foundation (formerly Heathside Charitable Trust), of which Sir H Solomon is also a Trustee donated £37,500 (2023: £62,500) to The Portland Trust.” — page 30

Per its FY2024 accounts as filed with the Charity Commission.

Related-party transaction: Donation from Yad Hanadiv

“During the year, Sir R Cohen made donations totalling £504,009 (2023: £1,354,050). In the prior year, The Portland Trust received a loan of £350,000 from Sir R Cohen, who is a Trustee of the charity. The loan was interest free and was repaid in full during the year. No loans were received in the current year.” — page 30

“The Lady Judith Solomon Charitable Foundation (formerly Heathside Charitable Trust), of which Sir H Solomon is also a Trustee donated £37,500 (2023: £62,500) to The Portland Trust.” — page 30

Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Goldwins Limited. Discloses 4 of 6 completeness components.

Corporate structure

Registered company of the charity Companies House 04699155

Leadership, per the charity’s website

Sir Ronald Cohen — Chairman of the Board of Trustees (source)

Listed on the charity’s own website when we last crawled it; roles may have changed. Pay-band disclosures above are anonymous statutory disclosures and are not attributed to any named individual.

Company officers (Companies House)

Current officers of the charity’s own company per the Companies House register, cross-checked against the Charity Commission trustee list by name. A director not on the trustee list is usually a timing or naming difference between the two registers — check both records before drawing conclusions.

HAREL-COHEN, Jonathan Michael — director, appointed 01/01/2023on trustee list
COBBOLD, Nicola Josephine — director, appointed 01/10/2015on trustee list
DAVIS, Michael Lawrence, Sir — director, appointed 17/05/2012on trustee list
COHEN, Ronald Mourad, Sir — director, appointed 17/03/2003on trustee list
SOLOMON, Harry, Sir — director, appointed 17/03/2003on trustee list

Official officers record.

Structured financials (annual return, FY ending 31/12/2024)

Total income

£2.9m

Total spending

£3.3m

Reserves (reported)

£1.4m

Employees

13

Reported reserves equal ~5.0 months of spending — above the median for charities its size (median 4.8 months; benchmarks).

Per its annual return, largest income source: Donations and legacies (92% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 0.0% of total income — below the median for charities its size (5.2%) (benchmarks).

Trustees · trustee networks

SIR RONALD COHENchair · trustee of 3 other charities
JONATHAN HAREL-COHEN · trustee of 1 other charity
Nicola Cobbold
SIR HARRY SOLOMON · trustee of 2 other charities
SIR MICHAEL LAWRENCE DAVIS · trustee of 2 other charities

Trustee list from the Charity Commission register (current, not historical).

Operates in: Israel · Occupied Palestinian Territories · Throughout London

Income and spending

Financial year end	Income	Spending
31/12/2024	£2.9m	£3.3m
31/12/2023	£5.4m	£3.5m
31/12/2022	£2.6m	£3.7m
31/12/2021	£2.7m	£2.6m
31/12/2020	£3.3m	£2.5m

Common questions

Is THE PORTLAND TRUST financially healthy?

Per its FY2024 accounts: The accounts state that the charity ended the year with unrestricted retained reserves of £1,383,773, which the Trustees consider adequate against their policy target of approximately £350,000. Per the auditors' report, there are no material uncertainties regarding the charity's ability to continue as a going concern, and the balance sheet shows a liquid cash position of £2,395,422. Its FY2024 accounts were audited by Goldwins Limited.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

Funder	Similar charities funded	Amount to them
SWIRE 2765	1	£737k
BACON FOUNDATION LTD	1	£60k
THE ORP FOUNDATION	1	£10k
THE ROTHERMERE FOUNDATION	1	£10k
MOISHE AND ESTHER ITZINGER FOUNDATION LIMITED	1	£5k
THE LAUFFER FAMILY CHARITABLE TRUST	1	£5k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with THE PORTO CHARITABLE TRUST.

THE PORTO CHARITABLE TRUST income £70k
PORTCHESTER FREE CHURCH TRUST income £153k
THE PORTRACK CHARITABLE TRUST income £576k
THE PELL CHARITABLE TRUST income £249k
PENINIM CHARITY TRUST income £319k
POSSUK LIMITED income £156k

Side by side with its peers

Charity	Income	Top pay band	Staff >£60k	Reserves vs policy	Fundraising cost	Going concern
THE PORTLAND TRUST	£2.9m	—	—	unclear	—	no doubt
THE PORTO CHARITABLE TRUST FY2026	£70k	—	0	unclear	—	no doubt
PORTCHESTER FREE CHURCH TRUST FY2024	£153k	—	0	above	—	no doubt
THE PORTRACK CHARITABLE TRUST FY2024	£576k	—	0	unclear	—	no doubt
THE PELL CHARITABLE TRUST FY2026	£249k	—	0	above	—	no doubt
PENINIM CHARITY TRUST FY2025	£319k	—	0	unclear	—	no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.