ABN TRUST
Objects
4.1 FOR THE PUBLIC BENEFIT TO PROMOTE THE EDUCATION OF PEOPLE OF ALL AGES AROUND THEWORLD IN SUCH WAYS AS THE CHARITY TRUSTEES THINK FIT, INCLUDING AWARDING TO SUCHPERSONS SCHOLARSHIPS, MAINTENANCE ALLOWANCES OR GRANTS, OR BY GRANTS TO CHARITIES OR OTHER ORGANIZATIONS WORLDWIDE THAT PROVIDE EDUCATION.4.2 THE PREVENTION OR RELIEF OF POVERTY OR FINANCIAL HARDSHIP ANYWHERE IN THE WORLD BY PROVIDING GRANTS OR LOANS TO INDIVIDUALS IN NEED AND/OR CHARITIES, OR OTHERORGANIZATIONS WORKING TO PREVENT OR RELIEVE POVERTY OR FINANCIAL HARDSHIP.4.3 TO ADVANCE THE ORTHODOX JEWISH RELIGION WORLDWIDE FOR THE BENEFIT OF THE PUBLIC IN ACCORDANCE WITH THE PRINCIPLES OF THE CODE OF JEWISH LAW (SHULCHAN ARUCH).4.4 TO PROMOTE AND PROTECT THE PHYSICAL AND MENTAL HEALTH OF SUFFERERS OF ANY MEDICAL CONDITION AROUND THE WORLD THROUGH THE PROVISION OF FINANCIAL ASSISTANCE AND SUPPORT.
Financial health, per its FY2025 accounts
The accounts state that the charity holds unrestricted free reserves of £3,138, which the trustees consider an acceptable level given the nature of revenue receipts against grants payable. The charity reported a net income increase of £134,385 for the period, driven significantly by donated properties and investment income, while maintaining low governance costs. The trustees confirmed there are no material uncertainties regarding the charity's ability to continue operating.
What the accounts disclose
“the trustees have resolved to maintain a minimum reserve roughly equal to the net current assets of the charity.”
“During the year, the charity received donations of £14,850 from related parties, as well as £131,247 worth of donated assets. At the year end, the charity owed £6,592 to Mr A Bolel, one of the directors of the charity.” — page 17
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 28/02/2025
- Grant-making is its main activity
Annual return filing dates (Charity Commission record)
Its only annual return with a recorded received date was received after the due date: year ending 28/02/2025 (received 06/02/2026, 40 days after the 28/12/2025 due date).
Corporate structure
- Registered company of the charity Companies House 15479707
Company officers (Companies House)
- FREUNDLICH, Yoseif on trustee list
- KATZ, Michael on trustee list
- BOLEL, Abraham on trustee list
Trustees
- Abraham Bolelchair
- MICHAEL KATZ
- Yoseif Freundlich
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 28/02/2025 | £175k | £41k |
Common questions
Is ABN TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity holds unrestricted free reserves of £3,138, which the trustees consider an acceptable level given the nature of revenue receipts against grants payable. The charity reported a net income increase of £134,385 for the period, driven significantly by donated properties and investment income, while maintaining low governance costs. The trustees confirmed there are no material uncertainties regarding the charity's ability to continue operating. Its FY2025 accounts were independently examined.
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Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| ABN TRUST | £175k | — | 0 | unclear | — | no doubt |
| ABG TRUST FUND | £178k | — | 0 | within | — | no doubt |
| M I CHARITABLE TRUST | £21k | — | 0 | unclear | — | no doubt |
| BRADOST CHARITABLE TRUST | £39k | — | 0 | unclear | — | no doubt |
| AMBERGATE CHARITABLE TRUST | £41k | — | 0 | unclear | — | no doubt |
| ADLIB FOUNDATION | £61k | — | 0 | unclear | — | no doubt |