THE SENECA TRUST
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
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?
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, THE ESFANDI CHARITABLE FOUNDATION, UNSEEN (UK).
Known funders
| Funder | Year | Amount |
|---|---|---|
| AURUM KALEIDOSCOPE FOUNDATION | FY2025 | £3.9m |
| AURUM KALEIDOSCOPE FOUNDATION | FY2024 | £3.0m |
| AURUM KALEIDOSCOPE FOUNDATION | FY2023 | £2.4m |
| THE ESFANDI CHARITABLE FOUNDATION | FY2025 | £10k |
| UNSEEN (UK) | FY2025 | £10k |
| THE ESFANDI CHARITABLE FOUNDATION | FY2024 | £0 |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| HABITAT FOR HUMANITY GREAT BRITAIN | 1 | £40k |
| THE CHRISTOPHER LAING FOUNDATION | 1 | £15k |
| THE KIRBY LAING FOUNDATION | 1 | £5k |
| THE HINDUJA FOUNDATION | 1 | £3k |
| THE IMAM HUSSEIN FOUNDATION | 1 | £1k |