LOFTUS CHARITABLE TRUST
Making donations to other charities that operate in the advancement of Jewish religion, Jewish education and relief of the Jewish poor.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net deficit of £271,635 for the year ended 5 April 2025, resulting in a decrease in total fund balances from £4,011,690 to £3,740,055. Despite this deficit, unrestricted reserves stood at £3,731,584, which the trustees consider sufficient to cover support costs and respond to grant applications. The trustees confirmed that the charity has adequate resources to continue in operational existence for the foreseeable future.
What the accounts disclose
“The trustees’ aim is to maintain free reserves in unrestricted funds at a level that will provide sufficient funds to respond to applications for grants and ensure that there are sufficient funds available to cover support and governance costs.” — page 5
“Donations include amounts from trustees of £40,000 (2024: £315,000). Grants made include amounts to charities which share a trustee in common with the charity £50,000 (2024: £40,000) At the balance sheet date £838 (2024: £838) was owed to a company controlled by the trustees.” — page 21
“Donations include amounts from trustees of £40,000 (2024: £315,000). Grants made include amounts to charities which share a trustee in common with the charity £50,000 (2024: £40,000) At the balance sheet date £838 (2024: £838) was owed to a company controlled by the trustees.” — page 21
“Donations include amounts from trustees of £40,000 (2024: £315,000). Grants made include amounts to charities which share a trustee in common with the charity £50,000 (2024: £40,000) At the balance sheet date £838 (2024: £838) was owed to a company controlled by the trustees.” — page 21
“Donations include amounts from trustees of £40,000 (2024: £315,000). Grants made include amounts to charities which share a trustee in common with the charity £50,000 (2024: £40,000) At the balance sheet date £838 (2024: £838) was owed to a company controlled by the trustees.” — page 21
“Donations include amounts from trustees of £40,000 (2024: £315,000). Grants made include amounts to charities which share a trustee in common with the charity £50,000 (2024: £40,000) At the balance sheet date £838 (2024: £838) was owed to a company controlled by the trustees.” — page 21
“Donations include amounts from trustees of £40,000 (2024: £315,000). Grants made include amounts to charities which share a trustee in common with the charity £50,000 (2024: £40,000) At the balance sheet date £838 (2024: £838) was owed to a company controlled by the trustees.” — page 21
Trustees
- ANDREW DAVID LOFTUS
- ANTHONY LOUIS LOFTUS
- RICHARD IAN LOFTUS
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £154k | £484k |
| 05/04/2024 | £364k | £515k |
| 05/04/2023 | £496k | £457k |
| 05/04/2022 | £485k | £634k |
| 05/04/2021 | £310k | £622k |
Common questions
Is LOFTUS CHARITABLE TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net deficit of £271,635 for the year ended 5 April 2025, resulting in a decrease in total fund balances from £4,011,690 to £3,740,055. Despite this deficit, unrestricted reserves stood at £3,731,584, which the trustees consider sufficient to cover support costs and respond to grant applications. The trustees confirmed that the charity has adequate resources to continue in operational existence for the foreseeable future. Its FY2025 accounts were audited by Gravita Audit II Limited.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| TRUMROS LIMITED | 2 | £181k |
| SF FOUNDATION | 1 | £235k |
| BOURNEHEIGHTS LIMITED | 1 | £217k |
| BELZ ISRAEL CHARITABLE TRUST | 1 | £120k |
| AHAVATH CHESSED CHARITABLE ASSOCIATION LIMITED | 1 | £58k |
| COSMON (BELZ) LIMITED | 1 | £56k |
| BEFORE TRUST | 1 | £37k |
| SONGDALE LIMITED | 1 | £31k |
Charities like this
- J & J CHARITABLE TRUST LIMITED
- SHULEM B. ASSOCIATION LIMITED
- MERCAZ TORAH VECHESED LIMITED
- J E JOSEPH CHARITABLE FUND
- DEBMAR BENEVOLENT TRUST LIMITED
- BEREST CHARITIES
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| LOFTUS CHARITABLE TRUST | £154k | — | 0 | above | — | no doubt |
| J & J CHARITABLE TRUST LIMITED | £127k | — | 0 | unclear | — | no doubt |
| SHULEM B. ASSOCIATION LIMITED | £5.1m | — | 0 | below | — | no doubt |
| MERCAZ TORAH VECHESED LIMITED | £1.9m | — | 0 | unclear | — | no doubt |
| J E JOSEPH CHARITABLE FUND | £130k | — | 0 | below | — | no doubt |
| DEBMAR BENEVOLENT TRUST LIMITED | £396k | — | 0 | within | — | no doubt |