RACHEL CHARITABLE TRUST

Registered charity 276441 · accounts filings on the Charity Commission register

MAKING GRANTS TO RELIEVE THE SICK AND NEEDY, AND TO SCHOOLS, COLLEGES AND OTHER CHARITABLE INSTITUTIONS

Causes: General Charitable Purposes · Grant history (this charity is a funder) · Get email alerts

Latest income

£5.4m

Latest spending

£5.0m

Registered

1978

Accounts read

FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity holds unrestricted reserves of £27,299,038, which the trustees consider adequate to support charitable institutions and cover contingencies. The charity is dependent on investment and donation income, having generated a net surplus of £1,781,787 for the year, while maintaining sufficient cash flow to meet commitments as they fall due.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: a level which will not impinge on its ability to support Charitable Institutions (held: £27.3m)

“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

Per its FY2024 accounts as filed with the Charity Commission.

Related-party transaction: Legal services charged by Fladgate LLP, a firm in which Mr S Kanter, trustee, is a partner.

“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. The partnership provided their services at a discounted charitable rate.” — 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

Per its FY2024 accounts as filed with the Charity Commission.

Related-party transaction: Donations received from an organisation related to charity trustees.

“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. The partnership provided their services at a discounted charitable rate.” — 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

Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Melinek Fine LLP. Discloses 4 of 6 completeness components.

Structured financials (annual return, FY ending 30/06/2025)

Total income

£5.4m

Total spending

£5.0m

Cost of raising funds

£2.4m

Reserves (reported)

£28.9m

Employees

Reported reserves equal ~68.8 months of spending — in the top quarter for charities its size (median 4.8 months; benchmarks).

Per its annual return, largest income source: Investments (69% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 44.6% of total income — above the 90th percentile for charities its size (median 5.2%) (benchmarks).

Register events

Received assets from another charity (14/05/2020) — per the register’s event history; asset transfers typically record mergers or reorganisations.

Trustees · trustee networks

Alan Maxwell Karsberg
Leo Noe · trustee of 2 other charities
SIMON KANTER · trustee of 3 other charities
Steven Michael Noe
Susan Noe

Trustee list from the Charity Commission register (current, not historical).

Operates in: Throughout England And Wales

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 accounts state that the charity holds unrestricted reserves of £27,299,038, which the trustees consider adequate to support charitable institutions and cover contingencies. The charity is dependent on investment and donation income, having generated a net surplus of £1,781,787 for the year, while maintaining sufficient cash flow to meet commitments as they fall due. Its FY2024 accounts were audited by Melinek Fine LLP.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

Funder	Similar charities funded	Amount to them
THE KNIGHTLAND FOUNDATION	1	£80k
SF FOUNDATION	1	£33k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with DELVES CHARITABLE TRUST.

DELVES CHARITABLE TRUST income £222k
MEKADSHEI SHEVEI CHARITABLE TRUST income £156k
INVESTREAM CHARITABLE TRUST income £153k
SCHREIBER CHARITABLE TRUST income £820k
THE BOTHWELL CHARITABLE TRUST income £145k
THE AIMWELL CHARITABLE TRUST income £608k

Side by side with its peers

Charity	Income	Top pay band	Reserves vs policy	Fundraising cost	Going concern
RACHEL CHARITABLE TRUST	£5.4m	—	unclear	—	no doubt
DELVES CHARITABLE TRUST FY2025	£222k	—	above	—	no doubt
MEKADSHEI SHEVEI CHARITABLE TRUST FY2025	£156k	—	unclear	—	no doubt
INVESTREAM CHARITABLE TRUST FY2025	£153k	—	above	—	no doubt
SCHREIBER CHARITABLE TRUST FY2025	£820k	—	unclear	—	no doubt
THE BOTHWELL CHARITABLE TRUST FY2025	£145k	—	unclear	—	no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.