ELLINSON FOUNDATION LIMITED
Financial health, per its FY2025 accounts
The accounts state that the charity holds total funds of £6,102,134, with unrestricted reserves of £4,260,026 after accounting for £1,842,108 in investment property revaluations not readily available for general purposes. The trustees consider these reserves to be adequate to bridge gaps between spending and receiving resources through rental income and property sales. The charity generated a net income of £127,062 for the year, supported by investment income of £382,027 and charitable donations of £218,500.
What the accounts disclose
“Reserves are required to bridge the gaps between spending on property and donations and receiving resources through rental income and property sales.” — page 4
“The charity also received covenanted income from its subsidiary company, Ozer Properties Limited. The deed of covenant receivable is £9,051 (2024:£9,585) for the year.” — page 3
“The charity's wholly owned subsidiary, Ozer Properties Limited, was incorporated on 31 May 1962, its principal activity being that of property dealing.” — page 4
Trustees
- ALEXANDER ELLINSON
- URI ELLINSON
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £397k | £270k |
| 31/03/2024 | £422k | £250k |
| 31/03/2023 | £264k | £303k |
| 31/03/2022 | £335k | £290k |
| 31/03/2021 | £368k | £323k |
Common questions
Is ELLINSON FOUNDATION LIMITED financially healthy?
The accounts state that the charity holds total funds of £6,102,134, with unrestricted reserves of £4,260,026 after accounting for £1,842,108 in investment property revaluations not readily available for general purposes. The trustees consider these reserves to be adequate to bridge gaps between spending and receiving resources through rental income and property sales. The charity generated a net income of £127,062 for the year, supported by investment income of £382,027 and charitable donations of £218,500. Its FY2025 accounts were audited by Melinek Fine LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| YESBE LIMITED | 1 | £31k |
| MAYFAIR CHARITIES LIMITED | 1 | £21k |
| SABENO LIMITED | 1 | £10k |