BC TRUST
The principal activities of the charitable company in the year under review were that of the advancement of education and religious practice in accordance with the teachings of the Orthodox Jewish faith,and the relief of poverty.
Objects
1 TO PROMOTE THE BENEFIT OF THE PUBLIC IN THE LONDON BOROUGHS OF HACKNEY, HARINGEY AND IN SALFORD BYA THE ADVANCEMENT OF EDUCATION AND TRAINING;B THE RELIEF OF POVERTY, SICKNESS AND DISTRESS;C THE PROMOTION OF GOOD HEALTH; ANDD THE PROVISION OF RECREATIONAL FACILITIES IN THE INTERESTS OF SOCIAL WELFARE WITH THE OBJECT OF IMPROVING THEIR CONDITIONS OF LIFE2 THE RELIEF OF POVERTY IN THE UNITED STATES OF AMERICA AND ISRAEL BY THE PROVISION OF SUCH GRANTS AND DONATIONS AS THE TRUSTEES SHALL THINK FIT.
Financial health, per its FY2025 accounts
The charity reported a net expenditure of £207,031 for the year ended 29 January 2025, resulting in a decrease in unrestricted funds from £3,733,442 to £3,526,411. The trustees state that the charity is financially dependent on income from investment properties and charitable donations, and they have adopted the going concern basis of accounting based on a reasonable expectation of adequate resources. The accounts were independently audited by Venitt and Greaves, who issued an unqualified opinion.
What the accounts disclose
“The reserves policy is to ensure that there is a sufficient stream of income to meet the ongoing calls made on the charity including the possibility of providing capital assets for the needs of charitable institutions.” — page 4
“During the period ended 29 January 2025 the charity received donations totalling £8,800 (2024: £2,950) from Landlords Rights Ltd, an entity which shares one Director with BC Trust (B Rudzinski).” — page 20
“During the period ended 29 January 2025 the charity paid donations totalling £1,331 (2024: £800) to The Union Of Orthodox Hebrew Congregations, an entity which shared one Director with BC Trust (M Rothfeld).” — page 20
“During the period ended 29 January 2025 the charity received donations totalling £8,800 (2024: £2,950) from Landlords Rights Ltd, an entity which shares one Director with BC Trust (B Rudzinski).” — page 20
“During the period ended 29 January 2025 the charity paid donations totalling £1,331 (2024: £800) to The Union Of Orthodox Hebrew Congregations, an entity which shared one Director with BC Trust (M Rothfeld).” — page 20
“During the period ended 29 January 2025 the charity received donations totalling £8,800 (2024: £2,950) from Landlords Rights Ltd, an entity which shares one Director with BC Trust (B Rudzinski).” — page 20
“During the period ended 29 January 2025 the charity paid donations totalling £1,331 (2024: £800) to The Union Of Orthodox Hebrew Congregations, an entity which shared one Director with BC Trust (M Rothfeld).” — page 20
“During the period ended 29 January 2025 the charity received donations totalling £8,800 (2024: £2,950) from Landlords Rights Ltd, an entity which shares one Director with BC Trust (B Rudzinski).” — page 20
“During the period ended 29 January 2025 the charity paid donations totalling £1,331 (2024: £800) to The Union Of Orthodox Hebrew Congregations, an entity which shared one Director with BC Trust (M Rothfeld).” — page 20
“During the period ended 29 January 2025 the charity received donations totalling £8,800 (2024: £2,950) from Landlords Rights Ltd, an entity which shares one Director with BC Trust (B Rudzinski).” — page 20
“During the period ended 29 January 2025 the charity paid donations totalling £1,331 (2024: £800) to The Union Of Orthodox Hebrew Congregations, an entity which shared one Director with BC Trust (M Rothfeld).” — page 20
Charity Commission inquiry
“Following an unannounced visit by HMRC to a company in Hackney, 105 charities were found to have cashed cheques with it to a value of £22 million between December 2021 and March 2023.”
“Using powers available to the Commission during an inquiry, the regulator will determine the facts around how these charities have transferred funds.”
“The regulator has issued an immediate order to temporarily stop any of the charities under inquiry from issuing cheques without its prior consent.”
Policies the charity declares
- Bullying and harassment policy and procedures
- Campaigns and political activity policy and procedures
- Complaints policy and procedures
- Engaging external speakers at charity events policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 31/01/2025
- Volunteers: 15
Self-declared on the annual return for the financial year ending 31/01/2024
- Volunteers: 3
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 31/01/2023
- Volunteers: 3
- Grant-making is its main activity
Structured financials (annual return, FY ending 31/01/2025)
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/01/2025 | £2.9m | £3.6m |
| 31/01/2024 | £2.9m | £3.6m |
| 31/01/2023 | £2.9m | £3.6m |
| 31/01/2022 | £1.4m | £1.1m |
| 31/01/2021 | £1.4m | £1.1m |
Common questions
Is BC TRUST financially healthy?
Per its FY2025 accounts: The charity reported a net expenditure of £207,031 for the year ended 29 January 2025, resulting in a decrease in unrestricted funds from £3,733,442 to £3,526,411. The trustees state that the charity is financially dependent on income from investment properties and charitable donations, and they have adopted the going concern basis of accounting based on a reasonable expectation of adequate resources. The accounts were independently audited by Venitt and Greaves, who issued an unqualified opinion. Its FY2025 accounts were audited by Venitt and Greaves.
Who funds BC TRUST?
Funders whose own accounts filings name BC TRUST as a grant recipient include MAYFAIR CHARITIES LIMITED, THE RAPHAEL FRESHWATER MEMORIAL ASSOCIATION, HURDALE CHARITY LIMITED, THE KASNER CHARITABLE TRUST, AHAVAT YISROEL UK.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| MAYFAIR CHARITIES LIMITED | FY2025 | £1.8m | |
| MAYFAIR CHARITIES LIMITED | FY2023 | £1.1m | |
| MAYFAIR CHARITIES LIMITED | FY2024 | £712k | |
| THE RAPHAEL FRESHWATER MEMORIAL ASSOCIATION | FY2024 | £627k | null |
| THE RAPHAEL FRESHWATER MEMORIAL ASSOCIATION | FY2025 | £123k | Advancement of religion and education |
| HURDALE CHARITY LIMITED | FY2025 | £100k | |
| THE KASNER CHARITABLE TRUST | FY2022 | £52k | |
| HURDALE CHARITY LIMITED | FY2023 | £50k | |
| AHAVAT YISROEL UK | FY2022 | £34k | |
| CANNON CHARITABLE TRUST | FY2024 | £28k | |
| CHASDEI ESTHER | FY2024 | £21k | |
| CHASDEI ESTHER | FY2023 | £15k | |
| CHASDEI ESTHER | FY2022 | £15k | |
| NUCHEM AND REISEL SCHLAFF MEMORIAL FUND LIMITED | FY2022 | £15k | Relief of poverty |
| CHASDEI ESTHER | FY2021 | £7k |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 23/09/2022 | £10k | Supporting UK homeowner |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| KEREN ASSOCIATION LIMITED | 1 | £1.7m |
| YAD VOCHESSED ASSOCIATION LIMITED | 1 | £650k |
| RIDGESAVE LIMITED | 1 | £504k |
| CROWNHOST LIMITED | 1 | £422k |
| ACHISOMOCH AID COMPANY LIMITED | 1 | £282k |
| ZOREYA TZEDOKOS | 1 | £210k |
| THE JOSHUA TRUST | 1 | £135k |
| CHASDEI MEIR | 1 | £120k |
Charities like this
- BEIS AHARON CHARITABLE TRUST LIMITED
- BERKTHORNE LTD
- C AND F CHARITABLE TRUST
- CLYMER
- BASINGVIEW TRUST LIMITED
- BCH TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| BC TRUST | £2.9m | — | 0 | unclear | — | no doubt |
| BEIS AHARON CHARITABLE TRUST LIMITED | £1.5m | — | 0 | unclear | — | no doubt |
| BERKTHORNE LTD | £95k | — | 0 | above | — | no doubt |
| C AND F CHARITABLE TRUST | £127k | — | 0 | unclear | — | no doubt |
| CLYMER | £197k | — | 0 | unclear | — | no doubt |
| BASINGVIEW TRUST LIMITED | £170k | — | 0 | below | — | no doubt |