The Family Trust

Registered charity 1180132 · accounts filings on the Charity Commission register · Wikidata: Q56584695 · also known as SM FOUNDATION · filing overdue (register status)

Focus will be on the poor and needy, children and the elderly, marginalised communities

Objects

THE OBJECTS OF THE CIO ARE SUCH CHARITABLE PURPOSES AS ARE EXCLUSIVELY CHARITABLE ACCORDING TO THE LAWS OF ENGLAND AND WALES AS THE TRUSTEES MAY FROM TIME TO TIME DETERMINE.

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: General Charitable Purposes · Grant history (this charity is a funder) · Get email alerts

Registered contact address: Birmingham, West Midlands, England (from the postcode on the register)

Latest income
£4.8m
Latest spending
£172k
Registered
2018
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity reported a net surplus of £4,060,619 for the year ended 31 December 2024, with total unrestricted reserves of £14,711,601. The trustees consider the charity to be in a strong position to continue its activities, citing adequate assets to fulfil obligations. The primary funding source is donations from companies owned by the Alimahomed family.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Largest income source: Donations (93% of income)
“The principal funding sources were donations from various companies owned by the Alimahomed family” — page 5
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Note 11
“During the year the charity received donations of £4,500,000 (2023: £3,000,000) from Euro Property Investments Limited a company controlled by one of the trustees.” — page 18
“At the balance sheet date, a balance of £1,673,995 (2023: £1,673,995) is owed by Rotherhill Euro Limited and balance of £1,565,995 (2023: £1,565,995) is owed by Angle Euro Limited.” — page 18
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Note 11
“During the year the charity received donations of £4,500,000 (2023: £3,000,000) from Euro Property Investments Limited a company controlled by one of the trustees.” — page 18
“At the balance sheet date, a balance of £1,673,995 (2023: £1,673,995) is owed by Rotherhill Euro Limited and balance of £1,565,995 (2023: £1,565,995) is owed by Angle Euro Limited.” — page 18
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Note 11
“During the year the charity received donations of £4,500,000 (2023: £3,000,000) from Euro Property Investments Limited a company controlled by one of the trustees.” — page 18
“At the balance sheet date, a balance of £1,673,995 (2023: £1,673,995) is owed by Rotherhill Euro Limited and balance of £1,565,995 (2023: £1,565,995) is owed by Angle Euro Limited.” — page 18
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Note 2
“During the year the charity received donations of £4,500,000 (2023: £3,000,000) from Euro Property Investments Limited a company controlled by one of the trustees.” — page 18
“At the balance sheet date, a balance of £1,673,995 (2023: £1,673,995) is owed by Rotherhill Euro Limited and balance of £1,565,995 (2023: £1,565,995) is owed by Angle Euro Limited.” — page 18
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Note 7
“During the year the charity received donations of £4,500,000 (2023: £3,000,000) from Euro Property Investments Limited a company controlled by one of the trustees.” — page 18
“At the balance sheet date, a balance of £1,673,995 (2023: £1,673,995) is owed by Rotherhill Euro Limited and balance of £1,565,995 (2023: £1,565,995) is owed by Angle Euro Limited.” — page 18
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Sumer Auditco Limited. Discloses 3 of 6 completeness components.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

From the charity’s annual return (Part A, self-declared)

Answers and figures the charity gave in Part A of its annual return to the Charity Commission. They are self-declared: not verified by the Commission or by this site. Only positive answers and figures are listed; items not listed are simply not shown.

Self-declared on the annual return for the financial year ending 31/12/2024

  • Volunteers: 2
  • Grant-making is its main activity

Self-declared on the annual return for the financial year ending 31/12/2023

  • Volunteers: 2
  • Grant-making is its main activity

Self-declared on the annual return for the financial year ending 31/12/2022

  • Volunteers: 2
  • Grant-making is its main activity

Source: this charity’s annual returns on the Charity Commission register.

Annual return filing dates (Charity Commission record)

1 annual return is past its due date with no recorded received date (Charity Commission register).

Due and received dates as recorded in the Commission’s annual-return data; the data does not say whether an extension was agreed. Source: this charity’s annual returns on the Charity Commission register.

Structured financials (annual return, FY ending 31/12/2024)

Total income
£4.8m
Total spending
£172k
Reserves (reported)
£15.9m
Employees
0

Per its annual return, largest income source: Donations and legacies (93% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 0.0% of total income — below the median for charities its size (5.3%) (benchmarks).

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/12/2025——
31/12/2024£4.8m£172k
31/12/2023£3.5m£154k
31/12/2022£650k£6k
31/12/2021£14k£4k

Common questions

Is The Family Trust financially healthy?

Per its FY2024 accounts: The accounts state that the charity reported a net surplus of £4,060,619 for the year ended 31 December 2024, with total unrestricted reserves of £14,711,601. The trustees consider the charity to be in a strong position to continue its activities, citing adequate assets to fulfil obligations. The primary funding source is donations from companies owned by the Alimahomed family. Its FY2024 accounts were audited by Sumer Auditco Limited.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with The Trust Foundation.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
The Family Trust£4.8m—0unclear—no doubt
The Trust Foundation FY2025£2.5m—0unclear—no doubt
THE CHILDREN'S FAMILY TRUST FY2025£9.7m——unclear—no doubt
Family Fund Trust FY2025£44.9m——above—no doubt
FAMILIES RELIEF FY2025£458k—0unclear—no doubt
THE 4814 TRUST FY2025£2.3m—0above—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.