The ALMA Foundation
The Charity distributes money to organisations that fall within its ethos.
Objects
TO OR FOR THE CHARITABLE PURPOSES OF SUCH PURPOSES OF SUCH BODIES, ASSOCIATIONS OR ORGANISATIONS AS SHALL AT THE DAT OF THE PAYMENT OR APPLICATION BE ESTABLISHED FOR CHARITABLE PURPOSES ONLY ACCORDING TO THE LAW OF ENGLAND AND WALES OR TO PAY OR APPLY THE SAME FOR SUCH OTHER OBJECTS AS SHALL BE CHARITABLE ACCORDING TO THE LAW OF ENGLAND AND WALES AS THE TRUSTEES SHALL THINK FIT UPON SUCH CONDITIONS (IF ANY) AND IN SUCH MANNER IN ALL RESPECTS AS THE TRUSTEES MAY IN THEIR ABSOLUTE DISCRETION THINK FIT.
Financial health, per its FY2025 accounts
The accounts state that the charity held net assets of £514,911 as of 5 April 2025, a decrease from £753,296 in the prior year. The income account shows free reserves of £43,537, while the trustees report confirms charitable distributions of £47,022 were made during the year. The filing is an independent examination rather than a full audit, with no material matters identified by the examiner.
What the accounts disclose
Policies the charity declares
- Internal charity financial controls policy and procedures
Trustees
- Adam Ilan Jacobson Mr
- Avi David Jacobson Mr
- Jani Jacobson
- Sophie Harriet Jacobson Miss
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £28k | £49k |
| 05/04/2024 | £27k | £59k |
| 05/04/2023 | £25k | £913 |
| 05/04/2022 | £32k | £31k |
| 05/04/2021 | £47k | £48k |
Common questions
Is The ALMA Foundation financially healthy?
Per its FY2025 accounts: The accounts state that the charity held net assets of £514,911 as of 5 April 2025, a decrease from £753,296 in the prior year. The income account shows free reserves of £43,537, while the trustees report confirms charitable distributions of £47,022 were made during the year. The filing is an independent examination rather than a full audit, with no material matters identified by the examiner. Its FY2025 accounts were independently examined.