RACHEL CHARITABLE TRUST
MAKING GRANTS TO RELIEVE THE SICK AND NEEDY, AND TO SCHOOLS, COLLEGES AND OTHER CHARITABLE INSTITUTIONS
Objects
TO PAY OR APPLY THE WHOLE OF THE INCOME AND THE CAPITAL OF THE TRUST FUND BEING ALL THE ASSETS AND PROPERTY OF THE TRUST HELD FROM TIME TO TIME TO OR TOWARDS OR IN FURTHERANCE OR FOR THE BENEFIT OF SUCH ONE OR MORE LAWFUL CHARITIES LAWFUL CHARITABLE INSTITUTIONS OR LAWFUL CHARITABLE PURPOSES IN ANY PART OF THE WORLD IN SUCH SHARES AND IN SUCH MANNER AS THE TRUSTEES IN THEIR ABSOLUTE DISCRETION MAY FROM TIME TO TIME DETERMINE.
Financial health, per its FY2024 accounts
The charity reported a net income surplus of £1,781,787 for the year ended 30 June 2024, driven by significant increases in voluntary donations and investment income. Total unrestricted reserves stood at £27,269,038, which the trustees consider adequate to support charitable institutions. The accounts were prepared on a going concern basis, with the auditors confirming no material uncertainties regarding the charity's ability to continue operations.
What the accounts disclose
“Consequently, the Trustees consider it appropriate to maintain ‘Free Reserves’ at a level which will not impinge on its ability to support Charitable Institutions.” — page 5
“During the year the charity was charged £133,238 (2023: £70,504) for legal services charged by Fladgate LLP, a firm in which Mr S Kanter, trustee of the charity, is a partner.” — page 25
“Included in Donations and Legacies income in the year are £4m (2023: £nil) received from an organisation related to the charity trustees.” — page 25
“During the year the charity was charged £133,238 (2023: £70,504) for legal services charged by Fladgate LLP, a firm in which Mr S Kanter, trustee of the charity, is a partner.” — page 25
“Included in Donations and Legacies income in the year are £4m (2023: £nil) received from an organisation related to the charity trustees.” — page 25
Policies the charity declares
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Risk management
- Serious incident reporting policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 30/06/2025
- Government income: £78,750 — contracts £78,750 (1); 1% of the £5,357,838 total gross income on the same return
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 30/06/2024
- Government income: £59,269 — contracts £59,269 (1); under 1% of the £8,337,488 total gross income on the same return
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 30/06/2023
- Government income: £49,391 — contracts £49,391 (1); 1% of the £4,609,931 total gross income on the same return
- Grant-making is its main activity
Structured financials (annual return, FY ending 30/06/2025)
Register events
- Received assets from another charity (14/05/2020)
Trustees
- Alan Maxwell Karsberg
- Leo Noe
- SIMON KANTER
- Steven Michael Noe
- Susan Noe
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/06/2025 | £5.4m | £5.0m |
| 30/06/2024 | £8.3m | £3.8m |
| 30/06/2023 | £4.6m | £4.7m |
| 30/06/2022 | £5.9m | £3.8m |
| 30/06/2021 | £5.7m | £3.6m |
Common questions
Is RACHEL CHARITABLE TRUST financially healthy?
Per its FY2024 accounts: The charity reported a net income surplus of £1,781,787 for the year ended 30 June 2024, driven by significant increases in voluntary donations and investment income. Total unrestricted reserves stood at £27,269,038, which the trustees consider adequate to support charitable institutions. The accounts were prepared on a going concern basis, with the auditors confirming no material uncertainties regarding the charity's ability to continue operations. Its FY2024 accounts were audited by Melinek Fine LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| PARKWATER FOUNDATION | 1 | £5k |
Charities like this
- RACHEL'S TABLE
- THE BROUGHTON CHARITABLE TRUST
- THE TEN CHARITABLE TRUST
- THE APELT AND LAZARUS CHARITABLE TRUST
- RENEWAL CHURCH
- THE REGAL TRUST LIMITED
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| RACHEL CHARITABLE TRUST | £5.4m | — | 0 | unclear | — | no doubt |
| RACHEL'S TABLE | £32k | — | 0 | unclear | — | no doubt |
| THE BROUGHTON CHARITABLE TRUST | £58k | — | 0 | above | — | no doubt |
| THE TEN CHARITABLE TRUST | £589k | — | 0 | above | — | no doubt |
| THE APELT AND LAZARUS CHARITABLE TRUST | £133k | — | 0 | unclear | — | no doubt |
| RENEWAL CHURCH | £1.8m | — | 2 | unclear | — | no doubt |