THE LAURENCE MODIANO CHARITABLE TRUST
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 the charity holds unrestricted reserves of £7,879,814, which the trustees aim to maintain at a level sufficient to cover governance costs and respond to grant applications. The charity reported a net expenditure of £48,802 against incoming resources of £66,474, resulting in a decrease in total funds from the previous year. The trustees confirm the charity has adequate resources to continue in operational existence for the foreseeable future.
What the accounts disclose
“The trustees' aim is to maintain free reserves in unrestricted funds at a level that will provide sufficient funds to respond to applications for grants and ensure that there are sufficient funds available to cover governance costs.” — page 4
Trustees
- MR L S MODIANOchair
- Fredrik Carstens
- MR J S NATHAN
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £66k | £115k |
| 05/04/2024 | £83k | £160k |
| 05/04/2023 | £60k | £72k |
| 05/04/2022 | £42k | £134k |
| 05/04/2021 | £45k | £318k |
Common questions
Is THE LAURENCE MODIANO CHARITABLE TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity holds unrestricted reserves of £7,879,814, which the trustees aim to maintain at a level sufficient to cover governance costs and respond to grant applications. The charity reported a net expenditure of £48,802 against incoming resources of £66,474, resulting in a decrease in total funds from the previous year. The trustees confirm the charity has adequate resources to continue in operational existence for the foreseeable future. Its FY2025 accounts were independently examined.