THE MIKHEEV CHARITABLE TRUST
The charity has makes donations in line with its charitable objects and purposes after generating income from investments.
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
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 |
|---|---|---|
| SAMJO LIMITED | 1 | £1.1m |
| MIKVE TAHARAS RUCHEL | 1 | £378k |
| DEBMAR BENEVOLENT TRUST LIMITED | 1 | £314k |
| MOLE CHARITABLE TRUST | 1 | £95k |
| ZOREYA TZEDOKOS | 1 | £16k |
| THE ROZAC CHARITABLE TRUST | 1 | £9k |
| MW (GK) FOUNDATION | 1 | £5k |
| BRUSHMILL LIMITED | 1 | £5k |
Charities like this
- M O CHARITABLE TRUST
- SHEMTOV CHARITABLE TRUST
- MIKVE TRUST LIMITED
- ENGLISH HOLDINGS CHARITABLE TRUST
- MW (CL) FOUNDATION
- MYR 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 |
| M O CHARITABLE TRUST | £146k | — | 0 | within | — | no doubt |
| SHEMTOV CHARITABLE TRUST | £738k | — | 0 | unclear | — | no doubt |
| MIKVE TRUST LIMITED | £274k | — | 0 | within | — | noted |
| ENGLISH HOLDINGS CHARITABLE TRUST | £398k | — | 0 | unclear | — | no doubt |
| MW (CL) FOUNDATION | £350k | — | 0 | unclear | — | no doubt |