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.
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?
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 | £0 |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE REED FOUNDATION | 1 | £84k |
| HABITAT FOR HUMANITY GREAT BRITAIN | 1 | £40k |
| THE MARTIN LAING FOUNDATION | 1 | £20k |
| THE CHRISTOPHER LAING FOUNDATION | 1 | £15k |
| THE KIRBY LAING FOUNDATION | 1 | £10k |
| THE HINDUJA FOUNDATION | 1 | £3k |
| THE IMAM HUSSEIN FOUNDATION | 1 | £1k |
Charities like this
- JOHN LAING CHARITABLE TRUST
- MRS R P TINDALL'S CHARITABLE TRUST
- THE SHANLEY CHARITABLE TRUST
- THE EARL OF SOUTHAMPTON TRUST
- THE IRON BRIDGE TRUST
- THE SAVITRI WANEY 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 |
| JOHN LAING CHARITABLE TRUST | £2.5m | — | — | unclear | — | no doubt |
| MRS R P TINDALL'S CHARITABLE TRUST | £119k | — | 0 | unclear | — | no doubt |
| THE SHANLEY CHARITABLE TRUST | £224k | — | 0 | unclear | — | no doubt |
| THE EARL OF SOUTHAMPTON TRUST | £181k | — | 0 | above | — | no doubt |
| THE IRON BRIDGE TRUST | £390k | — | 0 | unclear | — | no doubt |