BM ASSET MANAGEMENT LIMITED
Financial health, per its FY2025 accounts
The accounts state that unrestricted free reserves totalled £184,300 at the year end, a significant increase from £NIL in the previous year. The trustees do not maintain a specific reserves policy target beyond ensuring the charity can continue its activities. The charity holds substantial investment property valued at £4,796,837 and has long-term bank loans secured against these assets.
What the accounts disclose
“During the year, rental income of £85,600 (2024: £83,200) was receivable from The Beis Malka Trust, a charity with a common trustee. Additionally, the charity also paid donations totalling £233,706 (2024: £397,594) to The Beis Malka Trust. At the year end, £150,120 (2024: £16,200) was due from The Beis Malka Trust.” — page 14
Trustees
- ARON GROSSMAN
- Rabbi Joseph Padwa
- Ruth Padwa
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £115k | £259k |
| 31/03/2024 | £116k | £417k |
| 31/03/2023 | £91k | £24k |
| 31/03/2022 | £83k | £19k |
| 31/03/2021 | £89k | £22k |
Common questions
Is BM ASSET MANAGEMENT LIMITED financially healthy?
The accounts state that unrestricted free reserves totalled £184,300 at the year end, a significant increase from £NIL in the previous year. The trustees do not maintain a specific reserves policy target beyond ensuring the charity can continue its activities. The charity holds substantial investment property valued at £4,796,837 and has long-term bank loans secured against these assets. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| DALLAM SCHOOL | 1 | £107k |
| MATER ECCLESIAE CIO | 1 | £50k |