THE SENECA TRUST
To relieve poverty & enrich the lives of people in need by promoting health, welfare & the advancement of education. To carry on for the benefit of the community the pursuit of providing housing & any associated amenities for persons in necessitous circumstances. These will be achieved through direct assistance and/or by providing grants to charities or other organizations and/or individuals.
Objects
TO RELIEVE POVERTY AND NEED, PROMOTE HEALTH AND ADVANCE EDUCATION WITH A PARTICULAR FOCUS ON PEOPLE WHO HAVE A DISABILITY OR SUFFER FROM SICKNESS OR LACK OF EDUCATION. TO CARRY ON FOR THE BENEFIT OF THE COMMUNITY THE PURSUIT OF PROVIDING HOUSING (BY CONSTRUCTION OR CONVERSION) AND ANY ASSOCIATED AMENITIES FOR DISABLED PERSONS IN NECESSITOUS CIRCUMSTANCES.THE RELIEF OF SICKNESS AND FINANCIAL HARDSHIP OF DISPLACED PEOPLE AND REFUGEES BY PROVIDING ADVICE ON NUTRITION, SANITATION, HEALTH AND PSYCHO-SOCIAL SUPPORT AND ANY OTHER NECESSARY MEASURESIN PARTICULAR BUT NOT EXCLUSIVELY, THE SENECA TRUST WILL ACCOMPLISH THESE OBJECTIVES BY PROVIDING GRANTS TO CHARITIES OR OTHER ORGANISATIONS OR INDIVIDUALS IN THE UK OR INTERNATIONALLY, IDENTIFIED BY THE TRUSTEES AT THEIR DISCRETION
Financial health, per its FY2025 accounts
The accounts state that total unrestricted reserves stood at £8,978,914, a significant increase from the prior year's £5,729,986, driven by incoming resources of £4,516,402 and investment gains. The trustees explicitly state they do not require a specific reserves policy, noting that the balance of funds held is sufficient to meet future requirements without a defined target. The charity reported no staff, relying instead on trustee governance and grant-making activities totaling £1,497,540.
What the accounts disclose
“During the year, the Charity received donations of £263,355 (2024: £190,377) from Aurum Fund Management Ltd., an entity of which both Adam Sweidan and Kevin Gundle are shareholders.” — page 17
“During the year, the Charity received donations of £3,903,219 (2024: £3,015,050) from Aurum Kaleidoscope Foundation, an associate of Aurum Fund Management Ltd.” — page 17
“During the year, the Charity received donations of £263,355 (2024: £190,377) from Aurum Fund Management Ltd., an entity of which both Adam Sweidan and Kevin Gundle are shareholders.” — page 17
“During the year, the Charity received donations of £3,903,219 (2024: £3,015,050) from Aurum Kaleidoscope Foundation, an associate of Aurum Fund Management Ltd.” — page 17
“During the year, the Charity received donations of £263,355 (2024: £190,377) from Aurum Fund Management Ltd., an entity of which both Adam Sweidan and Kevin Gundle are shareholders.” — page 17
“During the year, the Charity received donations of £3,903,219 (2024: £3,015,050) from Aurum Kaleidoscope Foundation, an associate of Aurum Fund Management Ltd.” — page 17
“During the year, the Charity received donations of £263,355 (2024: £190,377) from Aurum Fund Management Ltd., an entity of which both Adam Sweidan and Kevin Gundle are shareholders.” — page 17
“During the year, the Charity received donations of £3,903,219 (2024: £3,015,050) from Aurum Kaleidoscope Foundation, an associate of Aurum Fund Management Ltd.” — page 17
“During the year, the Charity received donations of £263,355 (2024: £190,377) from Aurum Fund Management Ltd., an entity of which both Adam Sweidan and Kevin Gundle are shareholders.” — page 17
“During the year, the Charity received donations of £3,903,219 (2024: £3,015,050) from Aurum Kaleidoscope Foundation, an associate of Aurum Fund Management Ltd.” — page 17
Policies the charity declares
- Complaints handling
- Complaints policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Risk management
- Safeguarding policy and procedures
- Serious incident reporting policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 31/12/2025
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 31/12/2024
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 31/12/2023
- Grant-making is its main activity
Annual return filing dates (Charity Commission record)
Of its last 5 annual returns with a recorded received date, 1 was received after the due date: year ending 31/12/2021 (received 03/11/2022, 3 days after the 31/10/2022 due date).
Structured financials (annual return, FY ending 31/12/2025)
Trustees
- Kevin Gundlechair
- ADAM DAVID SWEIDAN
- Barrie Edwards
- Deborah Ruth Gundle
- NATALIE WADE
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £4.5m | £1.6m |
| 31/12/2024 | £3.4m | £2.7m |
| 31/12/2023 | £3.2m | £2.8m |
| 31/12/2022 | £2.8m | £945k |
| 31/12/2021 | £1.0m | £675k |
Common questions
Is THE SENECA TRUST financially healthy?
Per its FY2025 accounts: The accounts state that total unrestricted reserves stood at £8,978,914, a significant increase from the prior year's £5,729,986, driven by incoming resources of £4,516,402 and investment gains. The trustees explicitly state they do not require a specific reserves policy, noting that the balance of funds held is sufficient to meet future requirements without a defined target. The charity reported no staff, relying instead on trustee governance and grant-making activities totaling £1,497,540. Its FY2025 accounts were audited by KPMG.
Who funds THE SENECA TRUST?
Funders whose own accounts filings name THE SENECA TRUST as a grant recipient include AURUM KALEIDOSCOPE FOUNDATION, UNSEEN (UK), THE ESFANDI CHARITABLE FOUNDATION.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| AURUM KALEIDOSCOPE FOUNDATION | FY2025 | £3.9m | |
| AURUM KALEIDOSCOPE FOUNDATION | FY2024 | £3.0m | |
| AURUM KALEIDOSCOPE FOUNDATION | FY2023 | £2.4m | |
| AURUM KALEIDOSCOPE FOUNDATION | FY2022 | £1.1m | |
| UNSEEN (UK) | FY2025 | £10k | General |
| THE ESFANDI CHARITABLE FOUNDATION | FY2025 | £10k | |
| THE ESFANDI CHARITABLE FOUNDATION | FY2024 | amount not stated |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| SF FOUNDATION | 1 | £366k |
| THE HAPPY BABY COMMUNITY | 1 | £28k |
Charities like this
- SEEND TRUST
- THE SF CHARITABLE TRUST
- THE SCS TRUST
- THE ITHACA TRUST
- THE CASTANEA TRUST
- THE TEN CHARITABLE TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE SENECA TRUST | £4.5m | — | 0 | unclear | — | no doubt |
| SEEND TRUST | £48k | — | 0 | above | — | no doubt |
| THE SF CHARITABLE TRUST | £113k | — | 0 | unclear | — | no doubt |
| THE SCS TRUST | £594k | — | — | unclear | — | no doubt |
| THE ITHACA TRUST | £61k | — | 0 | unclear | — | no doubt |
| THE CASTANEA TRUST | £233k | — | 0 | unclear | — | no doubt |