FORTY LIMITED
Property used by other charity.
Objects
(1) THE ADVANCEMENT OF RELIGION IN ACCORDANCE WITH THE ORTHODOX JEWISH FAITH (2) THE RELIEF OF POVERTY (3) SUCH OTHER OBJECTS RECOGNISED BY ENGLISH LAW
Financial health, per its FY2025 accounts
The accounts state that the charity holds unrestricted funds of £10,699,169, which are currently being used for building expansion. The trustees report that they are satisfied with the results and anticipate increased activity, supported by undertakings from local donors to cover any potential deficits. The auditor confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified.
What the accounts disclose
“The charity leases its property to Beis Chinuch Lebonos Limited a connected charity.During the year Forty Limited receivedrental incomeof£806,348(2024: £910,100), from Beis Chinuch Lebonos Limited.” — page 20
Insolvency history (Companies House)
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Safeguarding policy and procedures
- Serious incident reporting policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 31/08/2024
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 31/08/2023
- Volunteers: 4
Corporate structure
- Registered company of the charity Companies House 02884621 · Financial health read from its filings
Company officers (Companies House)
- GOLDSTEIN, Benzion on trustee list
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/08/2025)
Trustees
- Avrohom Schechter
- Benzion Goldstein
- RICHARD SPITZER
- Yisroel Orzel
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £1.3m | £1.4m |
| 31/08/2024 | £1.7m | £1.7m |
| 31/08/2023 | £1.8m | £1.4m |
| 31/08/2022 | £1.5m | £1.5m |
| 31/08/2021 | £1.7m | £1.2m |
Common questions
Is FORTY LIMITED financially healthy?
Per its FY2025 accounts: The accounts state that the charity holds unrestricted funds of £10,699,169, which are currently being used for building expansion. The trustees report that they are satisfied with the results and anticipate increased activity, supported by undertakings from local donors to cover any potential deficits. The auditor confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified. Its FY2025 accounts were audited by Brindley Goldstein Limited.
Who funds FORTY LIMITED?
Funders whose own accounts filings name FORTY LIMITED as a grant recipient include LPW LIMITED, GOLDHEART CHARITY LIMITED, THE EDGAR E LAWLEY FOUNDATION.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| LPW LIMITED | FY2022 | £36k | |
| GOLDHEART CHARITY LIMITED | FY2022 | £30k | Advancement of education and relief of poverty |
| THE TOTTENHAM GRAMMAR SCHOOL FOUNDATION | FY2024 | Unverified read£8k | towards the cost of 'Stitch UP: Pioneering Sewing Education for Tomorrow's Makers' - a sewing education programme for 150 disadvantaged youth from Hackney and H |
| THE EDGAR E LAWLEY FOUNDATION | FY2025 | £2k |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| Sport England | 22/04/2022 | £5k | Jubilee Fund - Keep Fit |
| The National Lottery Community Fund | 11/02/2022 | £10k | Shining Stars |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| VENDQUOT LIMITED | 1 | £6k |
| ABG TRUST FUND | 1 | £4k |
Charities like this
- THE PARISH ESTATE
- BUILDING COMMUNITIES TRUSTEE LIMITED
- THE 64 TRUST
- HOOP LANE TRUST
- BRIGHTON FAITH ASSOCIATION
- THE FORT TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| FORTY LIMITED | £1.3m | — | — | unclear | — | no doubt |
| THE PARISH ESTATE | £60k | — | 0 | unclear | — | no doubt |
| BUILDING COMMUNITIES TRUSTEE LIMITED | £192k | — | — | below | — | no doubt |
| THE 64 TRUST | £1.5m | — | 0 | unclear | — | no doubt |
| HOOP LANE TRUST | £50k | — | 0 | unclear | — | no doubt |
| BRIGHTON FAITH ASSOCIATION | £68k | — | 0 | unclear | — | no doubt |