THE CHILLAG FAMILY CHARITABLE TRUST
Latest income
£140k
Latest spending
£140k
Registered
2011
Accounts read
FY2024
Financial health, per its FY2024 accounts
The accounts state that the charity received £135,982 in dividend income and donated £135,900 to 28 registered charities during the year. Per the trustees' report, there are no staffing or running costs, resulting in a negligible cash balance of £83.96 at the end of the period.
What the accounts disclose
Reserves position: below the charity's own stated reserves policy
“A principal aim of the Trust is not to build up any significant cash reserves and an amount close to the full amount of the annual income received, will be donated on to various named charities.” — page 6
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Income derived from shares in Banham Patent Locks Ltd and Banham Security Holdings Ltd, which are related family businesses.
“The principal source of funds for the Trust, is dividend from shares in a related family business. The ownership of these shares was transferred to the Charitable Trust in 2011.” — page 6
Per its FY2024 accounts as filed with the Charity Commission.
Trustees
- LAURENCE PETER CHILLAG
- Laura Chillag
- MRS ELAINE CHILLAG
- Nicki Chillag
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £140k | £140k |
| 05/04/2024 | £136k | £136k |
| 05/04/2023 | £130k | £131k |
| 05/04/2022 | £215k | £216k |
| 05/04/2021 | £127k | £126k |
Common questions
Is THE CHILLAG FAMILY CHARITABLE TRUST financially healthy?
The accounts state that the charity received £135,982 in dividend income and donated £135,900 to 28 registered charities during the year. Per the trustees' report, there are no staffing or running costs, resulting in a negligible cash balance of £83.96 at the end of the period. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE PHILLIPS AND RUBENS CHARITABLE TRUST | 1 | £300k |
| OIZER CHARITABLE TRUST | 1 | £138k |
| SHEMTOV CHARITABLE TRUST | 1 | £108k |
| YEMIN CHARITABLE TRUST LTD | 1 | £86k |
| HIGHFIELD CHARITABLE TRUST | 1 | £21k |
| THREE PILLARS TRUST | 1 | £7k |
| MANCHESTER GEMILAS CHESED | 1 | £6k |