the Shoftim Charitable Trust
Latest income
£546k
Latest spending
£53k
Registered
1973
Accounts read
FY2025
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves stood at £4,615,531, which the trustees consider sufficient to maintain activities during funding drops. However, the charity reported a net expenditure of £2,163,553 driven by a significant unrealised loss on investments, reducing total funds from the previous year.
What the accounts disclose
Reserves policy: between three and six months' expenditure (held: £4.6m)
“It is the policy of The Shoftim Charitable Trust that unrestricted funds which have not been designated for a specific use should be maintained at a level that is likely to generate annual net income at least equivalent to between three and six months' expenditure.” — page 4
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Note 15
“During the year the charity received 4,000 shares (2024: 4,000) in Judges Scientific PLC having a value of £480,000 (2024: £400,000) from a trustee, as a gift. D Cicurel, A Cicurel and members of R Cohen's family are shareholders in Judges Scientific PLC and D Cicurel is also a director of that company.” — page 20
Per its FY2025 accounts as filed with the Charity Commission.
Structured financials (annual return, FY ending 05/04/2025)
Total income
£546k
Total spending
£53k
Reserves (reported)
£4.6m
Employees
0
Trustees
- Alejandra Cicurel
- David Elie Cicurel
- Ralph Leslie Cohen
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £546k | £53k |
| 05/04/2024 | £455k | £71k |
| 05/04/2023 | £351k | £57k |
| 05/04/2022 | £456k | £38k |
| 05/04/2021 | £351k | £46k |
Common questions
Is the Shoftim Charitable Trust financially healthy?
The accounts state that unrestricted reserves stood at £4,615,531, which the trustees consider sufficient to maintain activities during funding drops. However, the charity reported a net expenditure of £2,163,553 driven by a significant unrealised loss on investments, reducing total funds from the previous year. Its FY2025 accounts were audited by MGR Weston Kay LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| SAMJO LIMITED | 1 | £904k |
| E AND E KERNKRAUT CHARITIES LIMITED | 1 | £144k |
| BEIS MENACHEM CHABAD LUBAVITCH | 1 | £102k |
| MOLE CHARITABLE TRUST | 1 | £95k |
| MOUNDFIELD CHARITIES LIMITED | 1 | £76k |
| SHULEM B. ASSOCIATION LIMITED | 1 | £56k |
| SHAAREI RACHAMIM LIMITED | 1 | £40k |
| GERSON BERGER ASSOCIATION LIMITED | 1 | £33k |