The Family Trust
Financial health, per its FY2023 accounts
The accounts state that the charity reported a surplus of £3,006,849 for the year ended 31 December 2023, driven primarily by donations and rental income. Per the trustees' report, unrestricted reserves stood at £10,064,597, and the trustees confirmed the charity has adequate resources to continue in operational existence for the foreseeable future.
What the accounts disclose
“During the year the charity received donations of £3,000,000 (2022: £500,000) 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 (2022: £1,673,995) is owed by Rotherhill Euro Limited and balance of £1,565,995 (2022: £1,565,995) is owed by Angle Euro Limited.” — page 18
“During the year the charity received donations of £3,000,000 (2022: £500,000) 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 (2022: £1,673,995) is owed by Rotherhill Euro Limited and balance of £1,565,995 (2022: £1,565,995) is owed by Angle Euro Limited.” — page 18
“During the year the charity received donations of £3,000,000 (2022: £500,000) 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 (2022: £1,673,995) is owed by Rotherhill Euro Limited and balance of £1,565,995 (2022: £1,565,995) is owed by Angle Euro Limited.” — page 18
Structured financials (annual return, FY ending 31/12/2024)
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £4.8m | £172k |
| 31/12/2023 | £3.5m | £154k |
| 31/12/2022 | £650k | £6k |
| 31/12/2021 | £14k | £4k |
| 31/12/2020 | £6.1m | £0 |
Common questions
Is The Family Trust financially healthy?
The accounts state that the charity reported a surplus of £3,006,849 for the year ended 31 December 2023, driven primarily by donations and rental income. Per the trustees' report, unrestricted reserves stood at £10,064,597, and the trustees confirmed the charity has adequate resources to continue in operational existence for the foreseeable future. Its FY2023 accounts were audited by Sumer Auditco Limited.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE NORTON ROSE FULBRIGHT CHARITABLE FOUNDATION | 1 | £20k |
| THE GURU NANAK NISHKAM SEWAK JATHA (BIRMINGHAM) UK | 1 | £13k |
| THE HINDUJA FOUNDATION | 1 | £3k |