THE LAPID TRUST
We don't accept unsolicited grant applicationsOverall vision of connectedness and challenging isolationSupporting organisations working in the following areas:1. Health and medicine, particularly mental health2. Helping people thrive in old age3. The use of music and arts in relation to above4. Building trust and friendship between communities5. Responsive relief in disaster zones
Financial health, per its FY2025 accounts
The accounts state that the charity holds unrestricted reserves of £3,973,042, which significantly exceeds its stated policy target of £40,000. Per the trustees' report, the charity generated investment income of £78,752 against total expenditure of £57,508, resulting in a net movement in funds of £144,698 for the year.
What the accounts disclose
“The Trustees aim to maintain a minimum of free reserves in unrestricted funds of £40,000 equivalent to six months of charitable expenditure.” — page 6
Trustees
- DANIEL CIGMAN
- JULIE CIGMAN
- NAOMI BRAYBROOKE
- Tamara Pekelman Derian
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £79k | £58k |
| 05/04/2024 | £67k | £66k |
| 05/04/2023 | £62k | £60k |
| 05/04/2022 | £65k | £48k |
| 05/04/2021 | £57k | £53k |
Common questions
Is THE LAPID TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity holds unrestricted reserves of £3,973,042, which significantly exceeds its stated policy target of £40,000. Per the trustees' report, the charity generated investment income of £78,752 against total expenditure of £57,508, resulting in a net movement in funds of £144,698 for the year. Its FY2025 accounts were independently examined.