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THE MICHAEL & NICOLA SACHER CHARITABLE TRUST

Registered charity 288973 · accounts filings on the Charity Commission register · also known as THE AUDREY SACHER CHARITABLE TRUST, THE MICHAEL HARRY SACHER CHARITABLE TRUST

The Charity is a grant making trust applying funds to charitable causes at the trustees discretion.

Causes: General Charitable Purposes · Get email alerts

Latest income
£69k
Latest spending
£127k
Registered
1984
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that unrestricted funds increased to £3,031,264, supported by a net investment gain of £115,395. The charity generated total income of £68,834 and made grants totaling £99,319. The trustees report that reserves are maintained to meet annual expenditure and cover management costs.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Largest income source: Rental income (56% of income)
“Alongside rental income of £39,000 (2024: £14,900).” — page 4
Per its FY2025 accounts as filed with the Charity Commission.
Reserves policy: sufficient income to meet annual expenditure and cover management and administration costs and to respond to emergency applications for grants (held: £3.0m)
“It is the policy of the charity to maintain unrestricted funds (free reserves) at a level which, on investment, generates sufficient income to meet annual expenditure and cover management and administration costs and to respond to emergency applications for grants which arise from time to time.” — page 4
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Trustees are directors and shareholders of Mungo & Maud Ltd, which received £8,040 in premises costs.
“During the year premises costs of £8,040 (2024: £6,540) were paid to Mungo & Maud Ltd, of which both trustees are directors and shareholders.” — page 18
“As at 28 February 2025 £1,960 (2024: £1,960) was due from the trustees which related to personal membership fees paid by the Trust on behalf of the trustees.” — page 18
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Trustees owed £1,960 for personal membership fees paid by the Trust.
“During the year premises costs of £8,040 (2024: £6,540) were paid to Mungo & Maud Ltd, of which both trustees are directors and shareholders.” — page 18
“As at 28 February 2025 £1,960 (2024: £1,960) was due from the trustees which related to personal membership fees paid by the Trust on behalf of the trustees.” — page 18
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Lyford (1985) Settlement Trust owed £6,965 regarding rental income and insurance expense.
“During the year premises costs of £8,040 (2024: £6,540) were paid to Mungo & Maud Ltd, of which both trustees are directors and shareholders.” — page 18
“As at 28 February 2025 £1,960 (2024: £1,960) was due from the trustees which related to personal membership fees paid by the Trust on behalf of the trustees.” — page 18
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

Trustees · trustee networks

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

Operates in: Throughout England And Wales

Income and spending

Financial year endIncomeSpending
28/02/2025£69k£127k
29/02/2024£60k£170k
28/02/2023£58k£135k
28/02/2022£50k£174k
28/02/2021£54k£102k

Common questions

Is THE MICHAEL & NICOLA SACHER CHARITABLE TRUST financially healthy?

Per its FY2025 accounts: The accounts state that unrestricted funds increased to £3,031,264, supported by a net investment gain of £115,395. The charity generated total income of £68,834 and made grants totaling £99,319. The trustees report that reserves are maintained to meet annual expenditure and cover management costs. Its FY2025 accounts were independently examined.