JOFFE CHARITABLE TRUST CIO
Financial health, per its FY2024 accounts
The accounts state that total funds decreased from £8.1m to £7.4m as the charity continues its planned spend-down towards closure around 2030. The trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern. Unrestricted reserves stood at £7.4m at year-end, with no specific reserves policy target disclosed in the filing.
What the accounts disclose
“One employee earned between £70,000 to £79,999 during the period” — page 25
“One employee earned between £70,000 to £79,999 during the period (2023: one employee between £60,000 to £69,999).” — page 25
Year-over-year changes
- Top pay band moved from Over £60,000 (FY2023) to £70,000 - £79,999 (FY2024).
Structured financials (annual return, FY ending 31/12/2024)
Register events
- Received assets from another charity (08/01/2025)
Trustees
- David Simon Matthew Nussbaumchair
- Abigail Clare Morphy Deffee
- David Martin Hopkins
- Professor Robert Michael Lowther Barrington
- Sally Heather Bagwell
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £595k | £1.7m |
| 31/12/2023 | £311k | £1.5m |
| 31/12/2022 | £716k | £1.4m |
| 31/12/2021 | £232k | £1.1m |
| 31/12/2020 | £432k | £1.1m |
Common questions
Is JOFFE CHARITABLE TRUST CIO financially healthy?
The accounts state that total funds decreased from £8.1m to £7.4m as the charity continues its planned spend-down towards closure around 2030. The trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern. Unrestricted reserves stood at £7.4m at year-end, with no specific reserves policy target disclosed in the filing. Its FY2024 accounts were audited by Sayer Vincent LLP.
What does the highest-paid employee of JOFFE CHARITABLE TRUST CIO earn?
Per its FY2024 accounts, the highest-paid employee was in the £70,000 - £79,999 band, and 1 employees earned over £60,000.
Who funds JOFFE CHARITABLE TRUST CIO?
Funders whose own accounts filings name JOFFE CHARITABLE TRUST CIO as a grant recipient include FINANCE INNOVATION LAB, CANON COLLINS TRUST.
Known funders
| Funder | Year | Amount |
|---|---|---|
| FINANCE INNOVATION LAB | FY2022 | £30k |
| CANON COLLINS TRUST | FY2025 | £21k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| SAMJO LIMITED | 1 | £904k |
| MOLE CHARITABLE TRUST | 1 | £95k |
| C E K STERN CHARITABLE TRUST | 1 | £35k |