The Family Trust
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.
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.
What the accounts disclose
“The principal funding sources were donations from various companies owned by the Alimahomed family” — page 5
“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
“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
“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
“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
“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
Policies the charity declares
- Bullying and harassment policy and procedures
- Campaigns and political activity policy and procedures
- Complaints policy and procedures
- Conflicting interests
- Engaging external speakers at charity events policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
From the charity’s annual return (Part A, self-declared)
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
Annual return filing dates (Charity Commission record)
1 annual return is past its due date with no recorded received date (Charity Commission register).
Structured financials (annual return, FY ending 31/12/2024)
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 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
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| MOTABILITY | 1 | £43.3m |
| THE PEARS FAMILY CHARITABLE FOUNDATION | 1 | £2.6m |
| GARFIELD WESTON FOUNDATION | 1 | £2.0m |
| THE JULIA RAUSING TRUST | 1 | £1.0m |
| THE MASTER CHARITABLE TRUST | 1 | £500k |
| THE CHARIS TRUST | 1 | £431k |
| VARIETY THE CHILDREN'S CHARITY | 1 | £200k |
| THE EDWARD GOSTLING FOUNDATION | 1 | £45k |
Charities like this
- The Trust Foundation
- THE CHILDREN'S FAMILY TRUST
- Family Fund Trust
- FAMILIES RELIEF
- THE 4814 TRUST
- FAMILY IN TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| The Family Trust | £4.8m | — | 0 | unclear | — | no doubt |
| The Trust Foundation | £2.5m | — | 0 | unclear | — | no doubt |
| THE CHILDREN'S FAMILY TRUST | £9.7m | — | — | unclear | — | no doubt |
| Family Fund Trust | £44.9m | — | — | above | — | no doubt |
| FAMILIES RELIEF | £458k | — | 0 | unclear | — | no doubt |
| THE 4814 TRUST | £2.3m | — | 0 | above | — | no doubt |