THE KASNER CHARITABLE TRUST
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net decrease in funds of £3,730,741 for the year ended 31 March 2025, primarily due to losses on the revaluation of investments. While total reserves stood at £34,898,402, the trustees report negative free reserves of £244,199 and are actively pursuing additional funding sources to ensure future financial stability.
What the accounts disclose
“The charity had negative free reserves of £244,199 (2024 - negative reserves of £237,715) at the year end. The trustees are working to further improve the balance of free reserves and are actively pursuing additional sources of funding in order to ensure that there are sufficient reserves to provide for future financial stability and flexibility.” — page 4
“During the year the charity received donations aggregating £244,200 from companies of which certain of the trustees of this charity are directors. The charity also received donations of £100,000 from Mr B Erlich one of the trustees of this charity. During the year the charity made a donation of £5,340 to The Yes Foundation Limited a charity of which certain of the trustees of this charity are directors. Other Creditors include £242,736 (2024: £292,736) owed to Mr B Erlich and Ms J Erlich, two of the trustees of this charity.” — page 21
“The share in group undertakings refers to an investment in Malcolm Way Limited, a subsidiary of The Kasner Charitable Trust which has not begun trading as of the balance sheet date.” — page 19
Structured financials (annual return, FY ending 31/03/2024)
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £487k | £393k |
| 31/03/2024 | £6.7m | £560k |
| 31/03/2023 | £451k | £404k |
| 31/03/2022 | £11.1m | £2.0m |
| 31/03/2021 | £9.8m | £5.5m |
Common questions
Is THE KASNER CHARITABLE TRUST financially healthy?
The accounts state that the charity reported a net decrease in funds of £3,730,741 for the year ended 31 March 2025, primarily due to losses on the revaluation of investments. While total reserves stood at £34,898,402, the trustees report negative free reserves of £244,199 and are actively pursuing additional funding sources to ensure future financial stability. Its FY2025 accounts were audited by Xeinadin Audit Limited.