BM ASSET MANAGEMENT LIMITED
ACHIEVEMENTS AND PERFORMANCEThe charity was formed to purchase and to hold land for development into suitable premises for aschool system.
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
“Rental income 115,000”
“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
Property (HM Land Registry)
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?
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. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| DALLAM SCHOOL | 1 | £107k |
Charities like this
- BRAMBLETYE SCHOOL TRUST LIMITED
- BHM CHARITABLE TRUST
- THE BERSAM TRUST
- DALLAM SCHOOL
- SHEEN MOUNT PRIMARY SCHOOL PARENT STAFF ASSOCIATION
- BELMONT-BIRKLANDS SCHOOL TRUST LIMITED
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| BM ASSET MANAGEMENT LIMITED | £115k | — | 0 | unclear | — | no doubt |
| BRAMBLETYE SCHOOL TRUST LIMITED | £6.3m | — | — | above | — | no doubt |
| BHM CHARITABLE TRUST | £136k | — | 0 | within | — | no doubt |
| THE BERSAM TRUST | £234k | — | 0 | unclear | — | no doubt |
| DALLAM SCHOOL | £312k | — | 0 | unclear | — | no doubt |
| SHEEN MOUNT PRIMARY SCHOOL PARENT STAFF ASSOCIATION | £180k | — | 0 | unclear | — | no doubt |