THE SALO BORDON CHARITABLE TRUST
Latest income
£144k
Latest spending
£106k
Registered
1973
Accounts read
FY2025
Financial health, per its FY2025 accounts
The accounts state that free reserves increased to £69,088, which the trustees consider adequate to meet charitable obligations. The charity reported a net income increase of 10% to £37,655, driven by higher investment income. The trustees confirmed the trust has adequate resources to continue in operational existence for the foreseeable future.
What the accounts disclose
Reserves policy: sufficient reserves to meet discretionary annual grants and to deal with one-off grants for specific projects from time to time (held: £69k)
“The charity aims to maintain sufficient reserves to meet discretionary annual grants and to deal with one-off grants for specific projects from time to time.” — page 4
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Grants to Project SEED Limited and The Beit Midrash Trust, charities in which Mr Marcel Bordon is a trustee.
“During the year, the charity paid £5,500 (2024: £7,500) to Project SEED Limited, and £2,000 (2024: £2,000) to The Beit Midrash Trust, charities in which Mr Marcel Bordon is a trustee.” — page 16
“During the year, the charity received donations totalling £15,000 from Mr Marcel Bordon.” — page 16
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Donations received from Mr Marcel Bordon.
“During the year, the charity paid £5,500 (2024: £7,500) to Project SEED Limited, and £2,000 (2024: £2,000) to The Beit Midrash Trust, charities in which Mr Marcel Bordon is a trustee.” — page 16
“During the year, the charity received donations totalling £15,000 from Mr Marcel Bordon.” — page 16
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Rent receivable from Twinmar London Limited, a company in which Mr Marcel Bordon is a director.
“During the year, the charity paid £5,500 (2024: £7,500) to Project SEED Limited, and £2,000 (2024: £2,000) to The Beit Midrash Trust, charities in which Mr Marcel Bordon is a trustee.” — page 16
“During the year, the charity received donations totalling £15,000 from Mr Marcel Bordon.” — page 16
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Amounts due from Astwood Securities Limited, a company in which grandchildren of Mrs Lilly Bordon and children of Mr Marcel Bordon are shareholders.
“During the year, the charity paid £5,500 (2024: £7,500) to Project SEED Limited, and £2,000 (2024: £2,000) to The Beit Midrash Trust, charities in which Mr Marcel Bordon is a trustee.” — page 16
“During the year, the charity received donations totalling £15,000 from Mr Marcel Bordon.” — page 16
Per its FY2025 accounts as filed with the Charity Commission.
Trustees
- LILLY BORDON
- MARCEL BORDON
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £144k | £106k |
| 05/04/2024 | £117k | £109k |
| 05/04/2023 | £111k | £127k |
| 05/04/2022 | £111k | £132k |
| 05/04/2021 | £123k | £76k |
Common questions
Is THE SALO BORDON CHARITABLE TRUST financially healthy?
The accounts state that free reserves increased to £69,088, which the trustees consider adequate to meet charitable obligations. The charity reported a net income increase of 10% to £37,655, driven by higher investment income. The trustees confirmed the trust has adequate resources to continue in operational existence for the foreseeable future. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| CBRE UK CHARITABLE TRUST | 1 | £1k |