Sir Harry & Lady Judith Solomon Charitable Foundation
Latest income
£4.0m
Latest spending
£724k
Registered
1985
Accounts read
FY2022
Financial health, per its FY2022 accounts
The accounts state that unrestricted reserves stood at £4,901,019, which the Trustees consider appropriate against a stated target of £8m-£10m. The charity reported a net movement in funds of -£413,549 due to investment losses, but maintains sufficient resources to continue grant-making activities.
What the accounts disclose
Reserves policy: £8m-£10m (held: £4.9m)
“To achive this without restricting the Trust's ability to make grants at the current rate, the Trustees have set the sum of £8m-£10m as their reserves target and aim to achieve this through their investment strategy and donations.” — page 6
Per its FY2022 accounts as filed with the Charity Commission.
Structured financials (annual return, FY ending 31/12/2024)
Total income
£4.0m
Total spending
£724k
Cost of raising funds
£41k
Reserves (reported)
£8.8m
Employees
0
Trustees
- SIR HARRY SOLOMONchair
- DANIEL MARK SOLOMON
- GEOFFREY R JAYSON
- JULIET KATE SOLOMON
- James Benjamin Jacobs
- Kate Polly Jacobs
- Louise Sara Jacobs
- Sam Jack Jacobs
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £4.0m | £724k |
| 31/12/2023 | £626k | £694k |
| 31/12/2022 | £820k | £628k |
| 31/12/2021 | £391k | £490k |
| 31/12/2020 | £317k | £434k |
Common questions
Is Sir Harry & Lady Judith Solomon Charitable Foundation financially healthy?
The accounts state that unrestricted reserves stood at £4,901,019, which the Trustees consider appropriate against a stated target of £8m-£10m. The charity reported a net movement in funds of -£413,549 due to investment losses, but maintains sufficient resources to continue grant-making activities. Its FY2022 accounts were audited by BKL Audit LLP.