THE MIKHEEV CHARITABLE TRUST
The charity has makes donations in line with its charitable objects and purposes after generating income from investments.
Objects
THE TRUSTEES SHALL HOLD THE CAPITAL AND INCOME OF THE TRUST FUND UPON TRUST TO APPLY THE INCOME, AND ALL OR SUCH PART OR PARTS OF THE CAPITAL, AT SUCH TIME OR TIMES AND IN SUCH MANNER TO, OR FOR THE BENEFIT OF, SUCH EXCLUSIVELY CHARITABLE OBJECTS AND PURPOSES IN ANY PART OF THE WORLD AS THE TRUSTEES MAY IN THEIR DISCRETION THINK FIT.
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves totaled £7,227,074, a decrease from the prior year's £7,715,820, driven by a net decrease in funds of £488,746 due to net expenditure and investment losses. The trustees consider the charity to be a going concern, noting that assets materially exceed liabilities and that liquid bond proceeds would cover 6-7 years of expected grants.
What the accounts disclose
“Rental income for the year ended 5 April 2025 amounted to £246,687 (2024: £226,353).”
“The trustees consider it prudent to keep those balances at slightly over 3 months of projected outlays (i.e. staff costs, anticipated grants and service provider fees), net of the rental and bond portfolio income.” — page 7
“During the year, the charity incurred expenditure totaling £8,323 (2024: £4,626) to Factum UK in return for property advisory services. Charles Woolhouse, the founder and CEO of Factum UK, is the spouse of Katerina Woolhouse, a Trustee of the charity.” — page 32
“During the year, the charity paid a grant of £5,000 to Beth Shalom Limited. Laura Weller, a director of Beth Shalom Limited, is the spouse of Adrian Weller, a Trustee of the charity.” — page 32
“During the year, the charity incurred expenditure totaling £8,323 (2024: £4,626) to Factum UK in return for property advisory services. Charles Woolhouse, the founder and CEO of Factum UK, is the spouse of Katerina Woolhouse, a Trustee of the charity.” — page 32
“During the year, the charity paid a grant of £5,000 to Beth Shalom Limited. Laura Weller, a director of Beth Shalom Limited, is the spouse of Adrian Weller, a Trustee of the charity.” — page 32
Policies the charity declares
- Conflicting interests
- 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
- Paying staff
- Risk management
- Serious incident reporting 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 05/04/2025
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 05/04/2024
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 05/04/2023
- Grant-making is its main activity
Trustees
- LEV VICTOR MIKHEEVchair
- Dr Adrian Weller
- KATERINA WOOLHOUSE
- NATALIA MIKHEEV
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £396k | £505k |
| 05/04/2024 | £343k | £471k |
| 05/04/2023 | £347k | £270k |
| 05/04/2022 | £322k | £163k |
| 05/04/2021 | £344k | £357k |
Common questions
Is THE MIKHEEV CHARITABLE TRUST financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves totaled £7,227,074, a decrease from the prior year's £7,715,820, driven by a net decrease in funds of £488,746 due to net expenditure and investment losses. The trustees consider the charity to be a going concern, noting that assets materially exceed liabilities and that liquid bond proceeds would cover 6-7 years of expected grants. Its FY2025 accounts were audited by Craufurd Hale Audit Services Limited.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| MIKVE TAHARAS RUCHEL | 1 | £378k |
| ZOREYA TZEDOKOS | 1 | £16k |
| THE ROZAC CHARITABLE TRUST | 1 | £12k |
| MW (GK) FOUNDATION | 1 | £5k |
| H P CHARITABLE TRUST | 1 | £1k |
Charities like this
- MILLWARD CHARITABLE TRUST
- THE CHEDVA CHARITABLE TRUST
- MIKVE TRUST LIMITED
- M I CHARITABLE TRUST
- MYR CHARITABLE TRUST
- LIMOGES CHARITABLE TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE MIKHEEV CHARITABLE TRUST | £396k | — | 0 | unclear | — | no doubt |
| MILLWARD CHARITABLE TRUST | £47k | — | 0 | unclear | — | no doubt |
| THE CHEDVA CHARITABLE TRUST | £206k | — | 0 | unclear | — | no doubt |
| MIKVE TRUST LIMITED | £274k | — | 0 | within | — | noted |
| M I CHARITABLE TRUST | £21k | — | 0 | unclear | — | no doubt |
| MYR CHARITABLE TRUST | £134k | — | 0 | unclear | — | no doubt |