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THE PALMTREE FOUNDATION TRUST LIMITED

Registered charity 1141101 · accounts filings on the Charity Commission register

This charity was established to support the activities of Jewish religious organisations, especially in the field of education and to provide philanthropic aid to the Jewish needy.

Causes: Education/training · The Prevention Or Relief Of Poverty · Religious Activities · Get email alerts

Latest income
£500k
Latest spending
£554k
Registered
2011
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity holds unrestricted funds of £7,087,676, which represents a decrease from the previous year's £7,141,598. The trustees report that the charity is dependent on income from its investment property and plans to continue activities subject to incoming resources being maintained at a satisfactory level.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: a level which the trustees consider appropriate after considering the future commitments of the charity (held: £7.1m)
“It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level which the trustees consider appropriate after considering the future commitments of the charity.” — page 4
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: The charity's rental income includes £350,000 (2023: £200,000) from a lease to Wiseheights Limited, a registered charity, the trustees of which are related to the trustees of this charity.
“The charity's rental income includes £350,000 (2023: £200,000) from a lease to Wiseheights Limited, a registered charity, the trustees of which are related to the trustees of this charity.” — page 21
“Other debtors includes £2,394,630 (2023: £2,400,000) of interest free loans made to Educational Academies Support, a UK registered charity two of the trustees of which are also trustees of this charity.” — page 21
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Other debtors includes £2,394,630 (2023: £2,400,000) of interest free loans made to Educational Academies Support, a UK registered charity two of the trustees of which are also trustees of this charity.
“The charity's rental income includes £350,000 (2023: £200,000) from a lease to Wiseheights Limited, a registered charity, the trustees of which are related to the trustees of this charity.” — page 21
“Other debtors includes £2,394,630 (2023: £2,400,000) of interest free loans made to Educational Academies Support, a UK registered charity two of the trustees of which are also trustees of this charity.” — page 21
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Cohen Arnold. Discloses 4 of 6 completeness components.

Property (HM Land Registry)

2 registered titles in England and Wales held by the charity’s company or corporate body (2 freehold). All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Hackney

Income and spending

Financial year endIncomeSpending
31/12/2024£500k£554k
31/12/2023£361k£369k
31/12/2022£313k£187k
31/12/2021£275k£114k
31/12/2020£275k£112k

Common questions

Is THE PALMTREE FOUNDATION TRUST LIMITED financially healthy?

Per its FY2024 accounts: The accounts state that the charity holds unrestricted funds of £7,087,676, which represents a decrease from the previous year's £7,141,598. The trustees report that the charity is dependent on income from its investment property and plans to continue activities subject to incoming resources being maintained at a satisfactory level. Its FY2024 accounts were audited by Cohen Arnold.