JOFFE CHARITABLE TRUST CIO

Registered charity 1180520 · accounts filings on the Charity Commission register

The charity makes grants to UK-registered charities and non-profit organisations to reduce poverty and advance human rights in developing countries.

Causes: General Charitable Purposes · The Prevention Or Relief Of Poverty · Economic/community Development/employment · Human Rights/religious Or Racial Harmony/equality Or Diversity · Other Charitable Purposes · Grant history (this charity is a funder) · website · Get email alerts

Latest income

£595k

Latest spending

£1.7m

Registered

2018

Accounts read

FY2024

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.

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

What the accounts disclose

Highest-paid employee band: £70,000 - £79,999 — above the median for charities its size (£60k)

“One employee earned between £70,000 to £79,999 during the period” — page 25

Per its FY2024 accounts as filed with the Charity Commission.

Employees paid over £60,000: 1

“One employee earned between £70,000 to £79,999 during the period (2023: one employee between £60,000 to £69,999).” — page 25

Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Sayer Vincent LLP. Discloses 5 of 6 completeness components.

Year-over-year changes

Top pay band moved from Over £60,000 (FY2023) to £70,000 - £79,999 (FY2024).

Comparing this charity’s FY2023 and FY2024 accounts as analysed by this site.

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

Total income

£595k

Total spending

£1.7m

Cost of raising funds

£50k

Reserves (reported)

£7.4m

Employees

Reported reserves equal ~53.0 months of spending — in the top quarter for charities its size (median 5.2 months; benchmarks).

Per its annual return, cost of raising funds: 8.3% of total income — above the median for charities its size (4.9%) (benchmarks).

Register events

Received assets from another charity (08/01/2025) — per the register’s event history; asset transfers typically record mergers or reorganisations.

Trustees · trustee networks

David Simon Matthew Nussbaumchair · trustee of 1 other charity
Abigail Clare Morphy Deffee
David Martin Hopkins
Professor Robert Michael Lowther Barrington
Sally Heather Bagwell · trustee of 1 other charity

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

Operates in: South Africa · Throughout England

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?

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. 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 NETWORK FOR SOCIAL CHANGE CHARITABLE TRUST, FINANCE INNOVATION LAB, CANON COLLINS TRUST.

Known funders

Grants to this charity found in funders’ own accounts filings.

Funder	Year	Amount	Purpose (as stated by the funder)
NETWORK FOR SOCIAL CHANGE CHARITABLE TRUST	FY2022	£50k	Labour Rights Major Project (Violation Tracker UK)
FINANCE INNOVATION LAB	FY2022	£30k	project grants for our programme focusing on financial policy and regulation
CANON COLLINS TRUST	FY2025	£21k	Scholarship

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.

Funder	Similar charities funded	Amount to them
SAMJO LIMITED	1	£1.1m
MOLE CHARITABLE TRUST	1	£95k
C E K STERN CHARITABLE TRUST	1	£35k
THE ORP FOUNDATION	1	£13k
BRUSHMILL LIMITED	1	£5k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with J E JOSEPH CHARITABLE FUND.

J E JOSEPH CHARITABLE FUND income £130k
THE J J CHARITABLE TRUST income £842k
the Shoftim Charitable Trust income £546k
THE EIFION TRUST income £122k
SHEMTOV CHARITABLE TRUST income £738k
THE ROFEH TRUST income £167k

Side by side with its peers

Charity	Income	Top pay band	Staff >£60k	Reserves vs policy	Fundraising cost	Going concern
JOFFE CHARITABLE TRUST CIO	£595k	£70,000 - £79,999	1	unclear	—	no doubt
J E JOSEPH CHARITABLE FUND FY2026	£130k	—	0	below	—	no doubt
THE J J CHARITABLE TRUST FY2025	£842k	£60,001 - £70,000	1	unclear	—	no doubt
the Shoftim Charitable Trust FY2025	£546k	—	0	unclear	—	no doubt
THE EIFION TRUST FY2025	£122k	—	0	unclear	—	no doubt
SHEMTOV CHARITABLE TRUST FY2024	£738k	—	0	unclear	—	no doubt

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