HEARO TRUST FUND
Financial health, per its FY2024 accounts
The accounts state that the charity generated a net income of £22,106 for the year, bringing total unrestricted funds to £167,570. The trustees report that reserves of £6,505 are maintained at a level roughly equal to net current assets, which they consider acceptable given the charity's limited financial obligations. The filing confirms there are no material uncertainties regarding the charity's ability to continue its operations.
What the accounts disclose
“the trustees have resolved to maintain a minimum reserve roughly equal to the net current assets of the charity.”
“During the year, the charity received donations amounting to £94,000 from various companies where the trustees are directors & shareholders. In other creditors there are amounts totalling £7,150 owing to the trustees and UK companies under their directorship on an interest free basis.” — page 18
“The properties are managed by the trustees through a company called Benrob Limited, a company owned by Mr S Roberts, and a standard 10% management fee is charged for the management of these properties.”
Trustees
- CHAIM MORDECHAI HASSELLchair
- SOLOMON ROBERTS
- TZVI ADLER
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £456k | £385k |
| 31/03/2024 | £156k | £134k |
| 31/03/2023 | £203k | £268k |
| 31/03/2022 | £177k | £99k |
| 31/03/2021 | £124k | £136k |
Common questions
Is HEARO TRUST FUND financially healthy?
The accounts state that the charity generated a net income of £22,106 for the year, bringing total unrestricted funds to £167,570. The trustees report that reserves of £6,505 are maintained at a level roughly equal to net current assets, which they consider acceptable given the charity's limited financial obligations. The filing confirms there are no material uncertainties regarding the charity's ability to continue its operations. Its FY2024 accounts were independently examined.
Who funds HEARO TRUST FUND?
Funders whose own accounts filings name HEARO TRUST FUND as a grant recipient include MANOE FAMILY.
Known funders
| Funder | Year | Amount |
|---|---|---|
| MANOE FAMILY | FY2025 | £9k |
| MANOE FAMILY | FY2023 | £5k |
| MANOE FAMILY | FY2024 | £5k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| LUBAVITCH EDUCATION TRUST | 1 | — |
| THREE PILLARS TRUST | 1 | £1.2m |
| KOLYOM TRUST LIMITED | 1 | £562k |
| ASSER BISHVIL FOUNDATION | 1 | £296k |
| BROOM FOUNDATION | 1 | £274k |
| ZOREYA TZEDOKOS | 1 | £182k |
| NER FOUNDATION | 1 | £31k |
| YEMIN CHARITABLE TRUST LTD | 1 | £28k |