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The Family Trust

Registered charity 1180132 · accounts filings on the Charity Commission register · also known as SM FOUNDATION

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

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

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.

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 (5.2%) (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
31/12/2024£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?

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.

FunderSimilar charities fundedAmount to them
THE MANOUKIAN CHARITABLE FOUNDATION1£515k
THE CHARIS TRUST1£431k
THE ALBERT GUBAY CHARITABLE FOUNDATION1£374k
THE HINDUJA FOUNDATION1£33k
THE ELIZABETH AND PRINCE ZAIGER TRUST1£29k
THE NORTON ROSE FULBRIGHT CHARITABLE FOUNDATION1£20k
THE GURU NANAK NISHKAM SEWAK JATHA (BIRMINGHAM) UK1£13k
THE EDWARD AND DOROTHY CADBURY TRUST1£10k

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 FY2024£3.0m—0above—no doubt
FAMILY IN TRUST FY2025£146k—0above—no doubt
FAMILY CARE TRUST FY2025£4.2m—0unclear—no doubt
THE CHILDREN'S FAMILY TRUST FY2025£9.7m——unclear—no doubt
The Caring Family Foundation FY2024£3.6m—0unclear—no doubt

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