THE ANGLO SA FOUNDATION
To advance and promote such purposes as are exclusively charitable and for the benefit of the public in the UK or worldwide, including advancement of education, religion, cultural or heritage or the relief of those in need because of youth, age, ill-health, disability, financial hardship or other disadvantage, primarily but not exclusively through the provision of grants.
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves decreased from £108,679 to £54,335 during the year, driven by charitable expenditures of £71,496 against incoming resources of £17,152. The trustees confirm the charity has adequate resources to continue in operational existence for the foreseeable future. The charity holds a significant creditor balance of £399,226 due to its wholly owned subsidiary, Anglo SA Investments Limited.
What the accounts disclose
“The income of the Charity derives mainly from interest receivable on its bank deposits and occasional large donations.” — page 4
“The Trustees are of view that a sufficient level of reserves are required to be maintained in order to guarantee distributable income for the Charity. The level of reserves is reviewed on an annual basis.”
“Creditors include £399,226 (2024: £399,226) due to Anglo SA Investments Limited, a wholly owned subsidiary of the charity.” — page 13
“The charity owns 100% of Anglo SA Investments Limited, an investment company.” — page 4
Trustees
- LEON SAUL BLITZchair
- CARA LEE BLITZ
- Jonathan Ilan Blitz
- Tali Blitz
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £52k | £115k |
| 31/03/2024 | £52k | £115k |
| 31/03/2023 | £423 | £167k |
| 31/03/2022 | £2k | £37k |
| 31/03/2021 | £0 | £167k |
Common questions
Is THE ANGLO SA FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves decreased from £108,679 to £54,335 during the year, driven by charitable expenditures of £71,496 against incoming resources of £17,152. The trustees confirm the charity has adequate resources to continue in operational existence for the foreseeable future. The charity holds a significant creditor balance of £399,226 due to its wholly owned subsidiary, Anglo SA Investments Limited. Its FY2025 accounts were independently examined.