THE BETH HAMEDRASH SATMAR TRUST
This charity was set up to maintain and manage the synagogue in Cazenove Road in London known as The Beth Hamedrash Satmar. This includes providing facilities for public worship and Torah study and other services, amenities and activities incidental thereto. The charity also provides grants for students and donations to needy individuals / charitable organisations in the community.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net expenditure of £122,682 for the year, resulting in a decrease in unrestricted reserves from £719,975 to £597,293. The trustees note that the charity is solely dependent on community donations, which were lower than the previous year, leading to reduced charitable expenditure. Despite holding net current liabilities, the trustees confirm the financial statements are prepared on a going concern basis due to continued creditor support.
What the accounts disclose
“It is the policy of the charity to maintain unrestricted funds, which are the free reserves of the charity, at a level which the trustees think appropriate after considering the future commitments of the charity and the likely administrative costs of the charity for the next year.” — page 6
“The financial statements have been prepared on the going concern basis notwithstanding the charity's net current liabilities. The trustees consider this to be appropriate given the continued support of the charity's creditors.” — page 6
“During the year the charity received donations totalling £40,000 (2024: £31,5000) from charities where the trustees Mr. J Sternlicht and Mr. S Laufer are also trustees.” — page 6
Structured financials (annual return, FY ending 31/03/2021)
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £55k | £177k |
| 31/03/2024 | £153k | £298k |
| 31/03/2023 | £254k | £392k |
| 31/03/2022 | £310k | £416k |
| 31/03/2021 | £817k | £493k |
Common questions
Is THE BETH HAMEDRASH SATMAR TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net expenditure of £122,682 for the year, resulting in a decrease in unrestricted reserves from £719,975 to £597,293. The trustees note that the charity is solely dependent on community donations, which were lower than the previous year, leading to reduced charitable expenditure. Despite holding net current liabilities, the trustees confirm the financial statements are prepared on a going concern basis due to continued creditor support. Its FY2025 accounts were independently examined.
Who funds THE BETH HAMEDRASH SATMAR TRUST?
Funders whose own accounts filings name THE BETH HAMEDRASH SATMAR TRUST as a grant recipient include WISEHEIGHTS LIMITED, RENTRUST FOUNDATION LIMITED, SHAAREI RACHAMIM LIMITED, KYL CENTRAL SHUL TRUST, GEMILLAS LTD.
Shared trustees with funders
- JOSHUA STERNLICHT — trustee here and at SHAAREI RACHAMIM LIMITED
- JOSHUA STERNLICHT — trustee here and at WISEHEIGHTS LIMITED
- SOLOMON LAUFER — trustee here and at GEMILLAS LTD
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| WISEHEIGHTS LIMITED | FY2022 | £50k | Advancement of the Jewish Religion |
| WISEHEIGHTS LIMITED | FY2023 | £49k | |
| WISEHEIGHTS LIMITED | FY2025 | £40k | |
| RENTRUST FOUNDATION LIMITED | FY2022 | £20k | advancement of education and jewish religion or the alleviation of poverty |
| SHAAREI RACHAMIM LIMITED | FY2023 | £16k | |
| KYL CENTRAL SHUL TRUST | FY2025 | £13k | |
| KYL CENTRAL SHUL TRUST | FY2024 | £12k | |
| GEMILLAS LTD | FY2022 | £9k | |
| CLASSQUOTE LIMITED | FY2023 | £6k |