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FRIENDS OF YESHIVA DAAS SHOLEM SHOTZ

Registered charity 1070789 · accounts filings on the Charity Commission register

The Principal Objects of the Charity are a) The advancement of the Orthodox Jewish Religion b) The advancement of Orthodox Jewish Religious Education and education generally c) The Relief Of Poverty Among Persons Of The Jewish Faith

Causes: General Charitable Purposes · Education/training · The Advancement Of Health Or Saving Of Lives · Disability · The Prevention Or Relief Of Poverty · Overseas Aid/famine Relief · Get email alerts

Latest income
£994k
Latest spending
£903k
Registered
1998

We have not yet analysed this charity’s accounts. Register data shown below.

Charity Commission inquiry

The Charity Commission opened a statutory class inquiry after evidence emerged that 105 charities had issued cheques exchanged for cash totaling £22 million. The regulator has extended the inquiry to include 10 additional charities and issued orders to temporarily stop them from issuing cheques without consent.
The report states the inquiry was opened due to evidence of cheque cashing, but does not provide specific findings of misconduct for these 10 charities yet. It lists the scope of the investigation. I will extract quotes defining the scope and the trigger for the inquiry.
“evidence that they have issued cheques which were then exchanged for cash”
Quote describing the financial scale identified in the initial phase.
“105 charities were found to have cashed cheques with it to a value of £22 million between December 2021 and March 2023”
Quote describing the specific regulatory actions being taken.
“The regulator has issued an immediate order to temporarily stop any of the charities under inquiry from issuing cheques without its prior consent”
Per the Commission’s published report. Summary is automated; the official report is authoritative.

Structured financials (annual return, FY ending 31/12/2024)

Total income
£994k
Total spending
£903k
Cost of raising funds
£903k
Reserves (reported)
£18k
Employees
0

Reported reserves equal ~0.2 months of spending — in the bottom quarter for charities its size (median 5.2 months; benchmarks).

Per its annual return, largest income source: Donations and legacies (100% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 90.8% of total income — above the 90th percentile for charities its size (median 4.9%) (benchmarks).

Operates in: Throughout London

Income and spending

Financial year endIncomeSpending
31/12/2024£994k£903k
31/12/2023£1.1m£1.2m
31/12/2022£1.3m£1.2m
31/12/2021£938k£994k
31/12/2020£865k£1.0m