ABN TRUST
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
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?
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.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| DILLHAVEN LIMITED | 1 | £71k |
| SHEMTOV CHARITABLE TRUST | 1 | £25k |
| J & J CHARITABLE TRUST LIMITED | 1 | £17k |
| KTRUST LIMITED | 1 | £12k |
| PARKLAKE CHARITY TRUST | 1 | £5k |