THE LEN PICK TRUST
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net expenditure of £184,152 for the year, resulting in a decrease in total funds. However, the charity holds substantial unrestricted reserves of £112,394 and significant endowment assets, including listed investments valued at over £8.5 million. The trustees and auditors confirm that no material uncertainties exist regarding the charity's ability to continue as a going concern.
What the accounts disclose
“Investment management fees are payable to Whitings Wealth Management Ltd, a company in which the audit firm has a financial interest.” — page 27
Trustees
- Amanda Jane Revell
- David Richard Bailey
- James Campbell Rae
- Julia Elizabeth Knight
- Matthew Alexander Bostock
- Roy James McKinney
- Susan Nadia Mortimer
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £191k | £376k |
| 31/03/2024 | £168k | £148k |
| 31/03/2023 | £137k | £195k |
| 31/03/2022 | £109k | £181k |
| 31/03/2021 | £129k | £147k |
Common questions
Is THE LEN PICK TRUST financially healthy?
The accounts state that the charity reported a net expenditure of £184,152 for the year, resulting in a decrease in total funds. However, the charity holds substantial unrestricted reserves of £112,394 and significant endowment assets, including listed investments valued at over £8.5 million. The trustees and auditors confirm that no material uncertainties exist regarding the charity's ability to continue as a going concern. Its FY2025 accounts were audited by Whitings LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| BEIS MENACHEM CHABAD LUBAVITCH | 1 | £102k |
| YESHIVAS LUBAVITCH MANCHESTER | 1 | £20k |
| MOISHE AND ESTHER ITZINGER FOUNDATION LIMITED | 1 | £5k |
| THE LAUFFER FAMILY CHARITABLE TRUST | 1 | £1k |