Finance Score: -1

Governance Score: -1

Support Score: 0

Accounts filed more than 5 days late: -2 times
Strong growth: +2
Volatile income
spending growth: -1

Only 4 Trustees: -1

No supporters identified

Overall GiG Score: -2

THE MILLENNIUM TRUST

Charitable activities

Analysis by Giving is Great

Positives:

This charity has an endowment fund which generates all of its income
There has been strong growth in spending over the last 5 years

Regulatory & Governance issues to consider:

There are only 4 trustees

Financial issues to consider:

Accounts have been filed late on 2 occasions over the last 5 years and the current period appears to have been extended
Income has been volatile recently but spending has been maintained

Financial Data ?

Income & Spending ?

Sources of Income ?

Y/E		Income £k	Spending £k	Surplus/ Deficit	Fundraising Cost £k	Total Funds £k	Unrestricted Funds £k	Mths Rsrvs
31/12/22		£1,671	£8,698	£-7,027	£0	£1,426	£1,426	2
31/12/21		£5,651	£923	£4,728	£0	£7,718	£7,718	100.3
31/12/20	*	£3,411	£2,243	£1,168	£0	£3,897	£3,897	20.9
31/12/19		£3,163	£2,953	£210	£0	£2,729	£2,729	11.1
31/12/18	*	£2,053	£2,682	£-630	£0	£2,519	£2,519	11.3
31/12/17		£669	£50	£619	£0	£2,118	£2,118	503.5
31/12/16		£1	£69	£-68	£0	£0	£0	n/a
31/12/15		£57	£17	£40	£0	£0	£0	n/a
31/12/14		£69	£1	£69	£0	£0	£0	n/a
31/12/13		£54	£5	£49	£0	£0	£0	n/a
31/12/12		£84	£39	£45	£0	£0	£0	n/a
31/12/11		£69	£14	£55	£0	£0	£0	n/a
31/12/10		£185	£128	£57	£0	£0	£0	n/a
31/12/09		£180	£194	£-14	£0	£0	£0	n/a
31/12/08		£141	£149	£-8	£0	£0	£0	n/a
31/12/07	*	£88	£92	£-3	£0	£0	£0	n/a
31/12/06	*	£274	£259	£14	£0	£0	£0	n/a
31/12/05		£318	£343	£-24	£0	£0	£0	n/a
31/12/04		£48	£43	£5	£0	£0	£0	n/a

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Financial Ratios

Fundraising Costs/Relevant Income: 0%
Fundraising Costs/Total Spending: 0%
Highest pay band: Less than £60,000
Liabilities/Assets: 54%
Liabilities/Income: 99%
Unrestricted Funds/Total Funds: 100%
Reserves/Spending: 2 months
Net Current Assets/Spending: -0 months
Quick Ratio: 1

Asset Split ?

Established: 24 years

charityteamadministration@buzzacott.co.uk

02075561200

Charity Commission for England and Wales

Listed activities

Education/Training
General Charitable Purposes

GiG Classification

Grant-making foundations

How it operates

Makes Grants to Individuals
Makes Grants to Organisations

Where it operates

Throughout England And Wales,

Who it helps

Children/Young People
Other Charities Or Voluntary Bodies

Who's supporting them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (4)

RABBI YECHIEL COHEN, Other trusteeship: THE BRITISH FRIENDS OF MASAT MOSHE,

ABRAHAM COHEN, Other trusteeship: THE BRITISH FRIENDS OF MASAT MOSHE,

ALAN SACKS Appointed: 2017, Other trusteeships: BRITISH FRIENDS OF ALEH, THE BRITISH FRIENDS OF MASAT MOSHE, RABBI SACKS LEGACY TRUST,

MARCEL BORDON Appointed: 2018, Other trusteeships: THE SALO BORDON CHARITABLE TRUST, PROJECT S E E D, THE BEIT MIDRASH TRUST, THE BRITISH FRIENDS OF MASAT MOSHE, PROJECT S.E.E.D. LIMITED, CONNECT (BOREHAMWOOD) LIMITED,

Legal constitution

Charity registered in England & Wales on 10/12/1999, number: 1078540

Gift Aid

NOT registered with HMRC for Gift Aid

Policies in force

Complaints handling
Conflicting interests
Investment
Risk management
Safeguarding vulnerable beneficiaries

Filing Record

19 returns made; AR20: 149 days late, AR18: 92 days late, AR07: 3 days late, AR06: 32 days late,

Main office

Buzzacott Llp
St. Peters House
130 Wood Street
London
EC2V 6DL

Objectives

THE TRUSTEES SHALL HOLD THE CAPITAL AND INCOME OF THE TRUST FUND UPON TRUST FOR THE ADVANCEMENT OF ORTHODOX JEWISH EDUCATION AND THE ADVANCEMENT IF ORTHODOX JEWISH RELIGION AND TO SUPPORT INSTITUTIONS FOR THE SAME PURPOSES AS SHALL BE EXCLUSIVELY CHARITABLE ACCORDING TO THE LAW OF ENGLAND AND WALES BOTH WITHIN THE UNITED KINGDOM OF GREAT BRITAIN AND NORTHERN IRELAND AND ELSEWHERE THROUGHOUT THE WORLD

Defined Area of Benefit:

WORLDWIDE

Data Sources