LTC TRUST CO
1. Establishing or assisting the maintenance and operation of a college for the education and training of rabbis, ministers, readers, teachers and other talmudic scholars. 2. To assist such rabbis and students who are in need by providing accomodation, maintenance grants, books and such other relief as the trustees think fit.
Financial health, per its FY2025 accounts
The accounts state that the charity holds unrestricted reserves of £49,525, an increase from the previous year's £38,788. Per the trustees' report, the charity is solely dependent on donations and has no stated reserves policy target, maintaining funds at a level the trustees deem appropriate. The independent examiner confirmed no matters gave cause to believe the accounts were not prepared in accordance with applicable standards.
What the accounts disclose
“It is the policy of the charity to maintain unrestricted funds, which are the free reserves of the charity, at a level which the trustees think appropriate after considering the expected income, the future commitments of the charity and the likely governance costs of the charity for the next year.” — page 5
Year-over-year changes
- Going concern: going-concern doubt noted (FY2024) → no going-concern doubt (FY2025).
Trustees
- Dr DAVID BENZION LANDAU
- MANNY WEISS
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £413k | £403k |
| 31/08/2024 | £390k | £349k |
| 31/08/2023 | £382k | £359k |
| 31/08/2022 | £298k | £303k |
| 31/08/2021 | £340k | £323k |
Common questions
Is LTC TRUST CO financially healthy?
Per its FY2025 accounts: The accounts state that the charity holds unrestricted reserves of £49,525, an increase from the previous year's £38,788. Per the trustees' report, the charity is solely dependent on donations and has no stated reserves policy target, maintaining funds at a level the trustees deem appropriate. The independent examiner confirmed no matters gave cause to believe the accounts were not prepared in accordance with applicable standards. Its FY2025 accounts were independently examined.
Who funds LTC TRUST CO?
Funders whose own accounts filings name LTC TRUST CO as a grant recipient include THE A. H. TRUST, REMODIFYZ TRUST.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE A. H. TRUST | FY2023 | £60k | |
| REMODIFYZ TRUST | FY2024 | £25k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| ACHISOMOCH AID COMPANY LIMITED | 3 | £2.4m |
| GERSON BERGER ASSOCIATION LIMITED | 2 | £1.6m |
| RICHMOND TRUST FUND | 2 | £97k |
| GOLDHEART CHARITY LIMITED | 2 | £32k |
| WISEHEIGHTS LIMITED | 2 | £31k |
| RINA CHARITABLE TRUST | 2 | £23k |
| MAYFAIR CHARITIES LIMITED | 2 | £21k |
| SABENO LIMITED | 2 | £18k |
Charities like this
- SUNDERLAND JEWISH BOYS' HOSTEL AND TALMUDICAL COLLEGE
- GUR TRUST
- MESIFTA TALMUDICAL COLLEGE
- GATESHEAD TALMUDICAL COLLEGE
- LOCALTRENT LIMITED
- THE TALMUD CENTRE TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| LTC TRUST CO | £413k | — | 0 | unclear | — | no doubt |
| SUNDERLAND JEWISH BOYS' HOSTEL AND TALMUDICAL COLLEGE | £735k | — | 0 | above | — | no doubt |
| GUR TRUST | £134k | — | 0 | unclear | — | no doubt |
| MESIFTA TALMUDICAL COLLEGE | £1.6m | — | 0 | below | — | no doubt |
| GATESHEAD TALMUDICAL COLLEGE | £3.8m | — | — | below | — | no doubt |
| LOCALTRENT LIMITED | £382k | — | 0 | unclear | — | no doubt |