DAVID URI MEMORIAL TRUST
Financial health, per its FY2025 accounts
The charity holds unrestricted reserves of £7,224,348, which significantly exceed its stated policy requirement to balance resources with charitable activities. The accounts state that the trustees have concluded the use of the going concern basis of accounting is appropriate with no material uncertainties identified. The charity generated a net income of £133,721 from investment income and gains, while expending £232,249 on charitable activities and fundraising.
What the accounts disclose
“The charity requires reserves to equalise its income and other resources over a period of years, to ensure that it has adequate funds to meet its financial commitments and charitable objectives on an on-going basis. The level of reserves needs to balance the resources with the charitable activities.” — page 3
“Mrs Z S Blackman is a director of Vitcorp Limited. During the year the charity rented offices to Vitcorp Limited. for £38,330, an amount agreed at arm's length.” — page 14
Trustees
- MRS ZENA SANDRA BLACKMANchair
- BENJAMIN THEODORE BLACKMAN
- BIANCA ROSE RODEN
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £357k | £232k |
| 31/03/2024 | £285k | £211k |
| 31/03/2023 | £371k | £157k |
| 31/03/2022 | £199k | £122k |
| 31/03/2021 | £248k | £188k |
Common questions
Is DAVID URI MEMORIAL TRUST financially healthy?
The charity holds unrestricted reserves of £7,224,348, which significantly exceed its stated policy requirement to balance resources with charitable activities. The accounts state that the trustees have concluded the use of the going concern basis of accounting is appropriate with no material uncertainties identified. The charity generated a net income of £133,721 from investment income and gains, while expending £232,249 on charitable activities and fundraising. Its FY2025 accounts were audited by Hadleys & Co..
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| DILLHAVEN LIMITED | 1 | £71k |
| SHEMTOV CHARITABLE TRUST | 1 | £25k |
| MAYFAIR CHARITIES LIMITED | 1 | £21k |
| J & J CHARITABLE TRUST LIMITED | 1 | £17k |
| KTRUST LIMITED | 1 | £12k |
| PARKLAKE CHARITY TRUST | 1 | £5k |