ALM & YES TRUST
Grant making charity.
Financial health, per its FY2024 accounts
The accounts state that unrestricted funds increased to £274,229, supported by a £18,482 gain on investment property revaluation. However, total resources expended (£41,170) exceeded incoming resources (£26,577), resulting in a net expenditure for the year. The trustees confirm the charity has adequate resources to continue in operational existence for the foreseeable future.
What the accounts disclose
“It is the policy of the charity to maintain Unrestricted Funds, which include the Free Reserves of the charity, at a level which the trustees think appropriate after considering the future commitments of the charity and the likely costs of the charity for the next year.” — page 4
Corporate structure
- Registered company of the charity Companies House 13801618
Company officers (Companies House)
- JOSEFOVITZ, Chaim Elozor on trustee list
- REICH, Isaac on trustee list
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £73k | £41k |
| 31/12/2023 | £31k | £32k |
| 31/12/2022 | £252k | £9k |
Common questions
Is ALM & YES TRUST financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted funds increased to £274,229, supported by a £18,482 gain on investment property revaluation. However, total resources expended (£41,170) exceeded incoming resources (£26,577), resulting in a net expenditure for the year. The trustees confirm the charity has adequate resources to continue in operational existence for the foreseeable future. Its FY2024 accounts were independently examined.