RUBISLAW FOUNDATION
As detailed in the charity objects
Financial health, per its FY2024 accounts
The accounts state that the charity reported a substantial surplus of £687,885 for the year, yet disclosed a deficiency in free reserves of £187,470 due to income being deferred to the next year. The trustees consider the return on investments appropriate and believe the charity has adequate resources to continue distributing funds to other charities.
What the accounts disclose
“It is the policy of the charity to hold reserves sufficient to maintain regular grants.” — page 6
“Mr D A Bistricer, trustee of Rubislaw Foundation, is also a director and shareholder of Talisker (UK) Corporation. At the year end £5,424,971 (2023: £5,494,671) was owing to Talisker (UK) Corporation from the group. Rubislaw Foundation was owing £4,981,971 and its subsidiary F. Parham Limited was owing £443,000. The above loans are interest free and due after one year.” — page 27
“The charity has the following wholly owned non-charitable subsidiaries; F.Parham Limited (Company number 00252045) Wembley Metro Limited (Company number 12278442) Hempstead Valley Investments Limited (Company number 11885347)” — page 4
Corporate structure
- Trading subsidiary: F.PARHAM LIMITED Companies House 00252045
- Registered company of the charity Companies House 10067677
- Trading subsidiary: HEMPSTEAD VALLEY INVESTMENTS LIMITED Companies House 11885347
- Trading subsidiary: WEMBLEY METRO LIMITED Companies House 12278442
- Profit before tax: £-166k
- The Detailed Profit and Loss Account is explicitly excluded from the statutory accounts.
- Turnover: £825k
- Profit before tax: £-9k
- Turnover: £-709k
- Profit before tax: £-709k
Company officers (Companies House)
- RUDINSKY, Tzvi Aaron on trustee list
- BISTRICER, David Asher on trustee list
- RICHMAN, Martin Anthony on trustee list
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- DAVID ASHER BISTRICERchair
- MARTIN ANTHONY RICHMAN
- Tzvi Rudinsky
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £2.4m | £1.7m |
| 31/12/2023 | £2.3m | £1.7m |
| 31/12/2022 | £2.2m | £1.7m |
| 31/12/2021 | £2.0m | £1.7m |
| 31/12/2020 | £2.1m | £1.4m |
Common questions
Is RUBISLAW FOUNDATION financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a substantial surplus of £687,885 for the year, yet disclosed a deficiency in free reserves of £187,470 due to income being deferred to the next year. The trustees consider the return on investments appropriate and believe the charity has adequate resources to continue distributing funds to other charities. Its FY2024 accounts were audited by Haffner Hoff Auditors Ltd.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| FIRSTFRUITS GOSPEL FOUNDATION | 1 | £200k |
| GRAFF FOUNDATION | 1 | £140k |
| THE CHARIS TRUST | 1 | £11k |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST HELEN'S CHURCH NORTH KENSINGTON | 1 | £6k |
| THE CROSS TRUST | 1 | £5k |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. STEPHEN WITH ST. LUKE, PADDINGTON | 1 | £5k |
Charities like this
- THE RUBIN FOUNDATION CHARITABLE TRUST
- MW (HO) FOUNDATION
- SELLATA LIMITED
- RICHMOND TRUST FUND
- ABN TRUST
- REUBEN FOUNDATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| RUBISLAW FOUNDATION | £2.4m | — | 0 | unclear | — | no doubt |
| THE RUBIN FOUNDATION CHARITABLE TRUST | £205k | — | 0 | unclear | — | no doubt |
| MW (HO) FOUNDATION | £207k | — | 0 | unclear | — | no doubt |
| SELLATA LIMITED | £158k | — | 0 | above | — | no doubt |
| RICHMOND TRUST FUND | £220k | — | 0 | above | — | no doubt |
| ABN TRUST | £175k | — | 0 | unclear | — | no doubt |