ASATE LTD
Financial health, per its FY2023 accounts
The accounts state that the charity reported a net surplus of £279,163 for the year ended 28 February 2023, with total unrestricted funds carried forward standing at £2,766,151. The trustees confirm that the current level of funding is adequate to support the continuation of its objects and consider the financial position to be satisfactory. The charity does not maintain a specific reserves policy, distributing reserves at the trustees' discretion.
What the accounts disclose
“Included in Donations received during the year were receipts totalling £375,000 received from entities of which M.Lisser is a director and/or trustee.” — page 18
“Included in Donations paid during the year were payments totalling £28,360 paid to Comet Charities Ltd a charity of which M Lisser is a director and trustee.” — page 18
“Included in Donations received during the year were receipts totalling £375,000 received from entities of which M.Lisser is a director and/or trustee.” — page 18
“Included in Donations paid during the year were payments totalling £28,360 paid to Comet Charities Ltd a charity of which M Lisser is a director and trustee.” — page 18
Structured financials (annual return, FY ending 28/02/2025)
Trustees
- MICHAEL LISSERchair
- SUSAN REBECCA LISSER
- Samuel Eliezer Heckscher
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 28/02/2025 | £880k | £367k |
| 29/02/2024 | £872k | £296k |
| 28/02/2023 | £485k | £206k |
| 28/02/2022 | £280k | £178k |
| 28/02/2021 | £285k | £185k |
Common questions
Is ASATE LTD financially healthy?
The accounts state that the charity reported a net surplus of £279,163 for the year ended 28 February 2023, with total unrestricted funds carried forward standing at £2,766,151. The trustees confirm that the current level of funding is adequate to support the continuation of its objects and consider the financial position to be satisfactory. The charity does not maintain a specific reserves policy, distributing reserves at the trustees' discretion. Its FY2023 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| ZOREYA TZEDOKOS | 1 | £164k |
| THREE PILLARS TRUST | 1 | £71k |
| MENDAN LIMITED | 1 | £27k |
| SAYSER DEVELOPMENTS LTD | 1 | £21k |
| S C K CHARITABLE TRUST | 1 | £11k |
| KEREN TRUST | 1 | £4k |