THE ULLMANN TRUST
To apply income from investments for charitable purposes
Financial health, per its FY2025 accounts
The accounts state that unrestricted funds decreased from £2,925,111 to £2,559,599 due to a net expenditure of £365,512, driven by charitable grants and investment losses. The trustees report adequate resources for going concern purposes and maintain a policy of holding sufficient free reserves to respond to emergency grant applications, though no specific monetary target is defined.
What the accounts disclose
“It is the policy of the trust to maintain unrestricted funds, which are the free reserves of the trust, at a level which the trustees consider to be sufficient to respond to emergency applications for grants which may arise from time to time.” — page 4
“Betaview Limited, a company in which M.P. Ullmann, one of the charity's trustees, holds a beneficial interest, acts solely as a nominee in respect of the charity's investment activities, and receives no fees in respect of the services it provides.” — page 5
Trustees
- BENJAMIN LOUIS PHILIPP ULLMANN
- Carmel Toby Sandler
- Dr DEBORAH JAN SANDLER
- Ely Ze'ev Sandler
- JOHANNA RUTH SARAH ULLMANN
- LISA MAREE ULLMANN
- MICHAEL PHILIPP ULLMANN
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2026 | £17k | £208k |
| 05/04/2025 | £35k | £237k |
| 05/04/2024 | £54k | £118k |
| 05/04/2023 | £95k | £145k |
| 05/04/2022 | £9k | £61k |
Common questions
Is THE ULLMANN TRUST financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted funds decreased from £2,925,111 to £2,559,599 due to a net expenditure of £365,512, driven by charitable grants and investment losses. The trustees report adequate resources for going concern purposes and maintain a policy of holding sufficient free reserves to respond to emergency grant applications, though no specific monetary target is defined. Its FY2025 accounts were independently examined.