THE CHIMO TRUST CIO
The Chimo Trust is a grant giving charity that provides funding to UK registered charities offering community based activities through the arts, nature or sport as a means to help young people with mental health challenges
Financial health, per its FY2024 accounts
The accounts state that the charity held unrestricted reserves of £4,612,099 at the end of the financial year, an increase from the previous year. The trustees report that the charity has no employees and incurred total running costs equivalent to only 0.6% of average net assets. The auditor confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified.
What the accounts disclose
“At the end of the financial year the Chairty’s net reserves stood at £4,612,099 versus £4,125,982 at the end of the previous year. Chimo has set an objective of growing its reserve base to over £10 million” — page 11
Structured financials (annual return, FY ending 30/04/2024)
Trustees
- Gavin Whitechair
- Dr Alexandra Raie Jaffee
- James Francis Robertson
- Karen Turner
- Lady Fiorella Silvana Estella Massey MBE
- Nigel Frederick Hartley Corner
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/04/2025 | £150k | £251k |
| 30/04/2024 | £640k | £325k |
| 30/04/2023 | £5.4m | £926k |
Common questions
Is THE CHIMO TRUST CIO financially healthy?
Per its FY2024 accounts: The accounts state that the charity held unrestricted reserves of £4,612,099 at the end of the financial year, an increase from the previous year. The trustees report that the charity has no employees and incurred total running costs equivalent to only 0.6% of average net assets. The auditor confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified. Its FY2024 accounts were audited by Anderson Barrowcliff Limited.
Who funds THE CHIMO TRUST CIO?
Funders whose own accounts filings name THE CHIMO TRUST CIO as a grant recipient include THE JOHN COATES CHARITABLE TRUST, THE ADFAL TRUST.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE JOHN COATES CHARITABLE TRUST | FY2026 | £1.8m | |
| THE ADFAL TRUST | FY2025 | £3k | |
| THE ADFAL TRUST | FY2024 | £0 |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| SHAAREI RACHAMIM LIMITED | 2 | £41k |
| WISEHEIGHTS LIMITED | 2 | £24k |
| STARLOW CHARITIES LIMITED | 1 | £771k |
| IMPETUS - THE PRIVATE EQUITY FOUNDATION | 1 | £220k |
| GERSON BERGER ASSOCIATION LIMITED | 1 | £212k |
| FRIENDS OF WMSBG-KOLEL DAMESEK ELIEZER | 1 | £151k |
| KOLYOM TRUST LIMITED | 1 | £138k |
| GAMBLEAWARE | 1 | £128k |
Charities like this
- TOMCHIM
- CHOIMEL DALIM
- IMO CHARITY
- THE SIMCHA TRUST LIMITED
- CHASDEI MOISHE TRUST
- THE CHAMPNISS CHARITABLE TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE CHIMO TRUST CIO | £150k | — | 0 | below | — | no doubt |
| TOMCHIM | £252k | — | 0 | unclear | — | no doubt |
| CHOIMEL DALIM | £1.6m | — | 0 | unclear | — | noted |
| IMO CHARITY | £1.1m | — | 0 | unclear | — | no doubt |
| THE SIMCHA TRUST LIMITED | £119k | — | 0 | unclear | — | no doubt |
| CHASDEI MOISHE TRUST | £219k | — | 0 | unclear | — | noted |