THE TOMORO FOUNDATION
Financial health, per its FY2024 accounts
The accounts state that the charity holds unrestricted reserves of £9,829,651, representing a significant increase from the previous year's £6,582,864. The trustees confirm that the foundation has sufficient liquid resources and assets to meet its liabilities as they fall due, with no material uncertainties identified regarding its ability to continue as a going concern.
What the accounts disclose
“The Trustees aim to maintain free reserves in unrestricted funds at a level which is sufficient to distribute the Foundation’s Funds to charitable causes each year whilst retaining capital for the maintenance and growth of the Fund.” — page 6
Structured financials (annual return, FY ending 05/04/2025)
Trustees
- MICHAEL JOSHUA REMBAUMchair
- Nadine Jayes
- TANYA SARA REMBAUM
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £5.0m | £431k |
| 05/04/2024 | £2.5m | £316k |
| 05/04/2023 | £1.3m | £235k |
| 05/04/2022 | £1.3m | £268k |
| 05/04/2021 | £1.5m | £173k |
Common questions
Is THE TOMORO FOUNDATION financially healthy?
The accounts state that the charity holds unrestricted reserves of £9,829,651, representing a significant increase from the previous year's £6,582,864. The trustees confirm that the foundation has sufficient liquid resources and assets to meet its liabilities as they fall due, with no material uncertainties identified regarding its ability to continue as a going concern. Its FY2024 accounts were audited by R E Jones & Co.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE REISNER CHARITABLE FOUNDATION LTD | 1 | £5k |
| THE SIR BERNARD & LADY SCHREIER FOUNDATION | 1 | £4k |
| THE CHRISTOPHER AND HENRY OLDFIELD TRUST | 1 | £0 |