UK TOREMET LIMITED
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net income of £835,479 for the year ended 31 March 2024, resulting in total funds of £921,509. However, the trustees' report explicitly notes that unrestricted reserves are low, with only £3,491 held in unrestricted funds compared to £918,018 in restricted funds. The board is actively making efforts to reduce expenses and encourage donors to channel more giving through the charity.
What the accounts disclose
“There is £3,501 (2023: £2,990) payable from the charity to Emandar Tax Ltd for administration services. Mrs Reva Shenker, a director of the company, is a trustee of the charity.” — page 28
“There is £951 (2023: £913) payable from the charity to Univercell (Company: Black Widow Limited) for phone and communication expenses. J Ross, a trustee of the charity, is a shareholder of Black Widow Limited.” — page 28
“There is £3,501 (2023: £2,990) payable from the charity to Emandar Tax Ltd for administration services. Mrs Reva Shenker, a director of the company, is a trustee of the charity.” — page 28
“There is £951 (2023: £913) payable from the charity to Univercell (Company: Black Widow Limited) for phone and communication expenses. J Ross, a trustee of the charity, is a shareholder of Black Widow Limited.” — page 28
“There is £3,501 (2023: £2,990) payable from the charity to Emandar Tax Ltd for administration services. Mrs Reva Shenker, a director of the company, is a trustee of the charity.” — page 28
“There is £951 (2023: £913) payable from the charity to Univercell (Company: Black Widow Limited) for phone and communication expenses. J Ross, a trustee of the charity, is a shareholder of Black Widow Limited.” — page 28
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- ADRIAN JACOB
- JEREMY ROSS
- JONATHAN HOWARD CLINE
- MARK DAVID TAYLOR
- REVA SHENKER FCA
- ROBERT JAMES CLINE
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £2.7m | £2.5m |
| 31/03/2024 | £3.8m | £3.0m |
| 31/03/2023 | £1.3m | £1.5m |
| 31/03/2022 | £2.7m | £2.8m |
| 31/03/2021 | £5.2m | £5.1m |
Common questions
Is UK TOREMET LIMITED financially healthy?
The accounts state that the charity reported a net income of £835,479 for the year ended 31 March 2024, resulting in total funds of £921,509. However, the trustees' report explicitly notes that unrestricted reserves are low, with only £3,491 held in unrestricted funds compared to £918,018 in restricted funds. The board is actively making efforts to reduce expenses and encourage donors to channel more giving through the charity. Its FY2024 accounts were audited by Cohen Arnold.
Who funds UK TOREMET LIMITED?
Funders whose own accounts filings name UK TOREMET LIMITED as a grant recipient include THE KASNER CHARITABLE TRUST, THE MURIEL AND GERSHON COREN CHARITABLE FOUNDATION, THE DYNA AND FALA WEINSTOCK CHARITABLE TRUST, BETTENHURST CHARITY LIMITED, THE MANACKERMAN CHARITABLE TRUST.
Known funders
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE JD FOUNDATION | 1 | £561k |
| ZOREYA TZEDOKOS | 1 | £312k |
| BEIS MENACHEM CHABAD LUBAVITCH | 1 | £102k |
| DILLHAVEN LIMITED | 1 | £71k |
| THREE PILLARS TRUST | 1 | £40k |
| SHEMTOV CHARITABLE TRUST | 1 | £25k |
| YESHIVAS LUBAVITCH MANCHESTER | 1 | £20k |
| J & J CHARITABLE TRUST LIMITED | 1 | £17k |