MAGEN CHARITABLE TRUST
Relief of povertySupport educational establishmentsSupport religious education
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves stood at £1,617,331, providing a significant buffer against future commitments. The charity reported a small net deficit of £444 for the year, primarily due to charitable distributions exceeding income, but maintained a strong balance sheet with substantial investment assets. The trustees confirmed that systems are in place to mitigate operational and financial risks.
What the accounts disclose
“It is the policy of the charity to maintain unrestricted funds, which are free reserves of the charity at a level which the trustees think appropriate after considering the future commitments of the charity and likely costs of the charity for the next year.” — page 4
Trustees
- JACOB HALPERN
- ROSA HALPERN
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £165k | £164k |
| 31/03/2024 | £181k | £252k |
| 31/03/2023 | £289k | £360k |
| 31/03/2022 | £223k | £275k |
| 31/03/2021 | £207k | £64k |
Common questions
Is MAGEN CHARITABLE TRUST financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves stood at £1,617,331, providing a significant buffer against future commitments. The charity reported a small net deficit of £444 for the year, primarily due to charitable distributions exceeding income, but maintained a strong balance sheet with substantial investment assets. The trustees confirmed that systems are in place to mitigate operational and financial risks. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| TRUMROS LIMITED | 1 | £161k |
| OYY LUBAVITCH BOYS SCHOOL | 1 | £121k |
| YAD VEACHISOMOCH L'CHAIM | 1 | £62k |
| M AND L COHEN CHARITABLE TRUST | 1 | £19k |
| C B AND H H TAYLOR 1984 TRUST | 1 | £12k |
| AHAVAS SHALOM TRUST | 1 | £7k |
| DAVID LISTER CHARITABLE TRUST | 1 | £7k |
| JEWISH CHILD'S DAY | 1 | £5k |
Charities like this
- THE MAGENI TRUST
- J & J CHARITABLE TRUST LIMITED
- THE TEN CHARITABLE TRUST
- PROJECT MALA CHARITABLE TRUST
- BEIS MENACHEM CHABAD LUBAVITCH
- EQUITABLE CHARITY TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| MAGEN CHARITABLE TRUST | £165k | — | 0 | above | — | no doubt |
| THE MAGENI TRUST | £145k | — | 0 | within | — | no doubt |
| J & J CHARITABLE TRUST LIMITED | £127k | — | 0 | unclear | — | no doubt |
| THE TEN CHARITABLE TRUST | £589k | — | 0 | above | — | no doubt |
| PROJECT MALA CHARITABLE TRUST | £218k | — | 0 | unclear | — | no doubt |
| BEIS MENACHEM CHABAD LUBAVITCH | £705k | Under £60,000 | 0 | unclear | — | noted |