BRITISH FRIENDS OF RAMBAM MEDICAL CENTRE
Raises funds by letters of appeal, organises small fundraising events. We purchase equipment for the hospital & also acts as liaison between Rambam and the Homerton Hospital in Hackney, London, in the exchange programme of nurses and other medical personnel.
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net outgoing of resources of £32,129 for the year, resulting in a decrease in total funds from £116,484 to £84,354. The trustees' report indicates that unrestricted reserves fell significantly below the stated policy target of six months' expenditure, with unrestricted funds dropping to £607. Despite the deficit, the independent examiner confirmed there were no material matters requiring attention regarding the accounts.
What the accounts disclose
“It is the charity's policy that unrestricted funds that have not been designated for a special use should be maintained at a level equivalent to at least the next six month's expenditure.” — page 4
“During the year, two trustees (2023: two) received remuneration for services provided to the charity. Both trustees are paid through the charity payroll.” — page 11
Structured financials (annual return, FY ending 31/12/2023)
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £263k | £295k |
| 31/12/2023 | £842k | £837k |
| 31/12/2022 | £444k | £526k |
| 31/12/2021 | £921k | £797k |
| 31/12/2020 | £564k | £546k |
Common questions
Is BRITISH FRIENDS OF RAMBAM MEDICAL CENTRE financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net outgoing of resources of £32,129 for the year, resulting in a decrease in total funds from £116,484 to £84,354. The trustees' report indicates that unrestricted reserves fell significantly below the stated policy target of six months' expenditure, with unrestricted funds dropping to £607. Despite the deficit, the independent examiner confirmed there were no material matters requiring attention regarding the accounts. Its FY2024 accounts were independently examined.
Who funds BRITISH FRIENDS OF RAMBAM MEDICAL CENTRE?
Funders whose own accounts filings name BRITISH FRIENDS OF RAMBAM MEDICAL CENTRE as a grant recipient include THE LAMBERT CHARITABLE TRUST, COL-RENO LIMITED.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE LAMBERT CHARITABLE TRUST | FY2025 | £1k | Medical |
| COL-RENO LIMITED | FY2024 | £360 | |
| COL-RENO LIMITED | FY2022 | £360 | |
| THE LAMBERT CHARITABLE TRUST | FY2024 | £1 | Medical |