CLORE TIKVA SCHOOL FOUNDATION
Financial health, per its FY2023 accounts
The accounts state that unrestricted reserves were £22,692 short of the trustees' targeted figure of £620,000, placing them at a critical level in the short term. The trustees acknowledge that parental contributions are well below expectations and that the present level of funds is sufficient to support the school only in the very short term. Despite these pressures, the trustees remain optimistic about improving the financial position over the next 12 months.
What the accounts disclose
“The Trustees are pleased to report the going concern status of the charity has improved this year. Nonetheless, the day to day affairs of the charity need to be maintained as prudently as possible whilst focusing on maximising parental contributions and other income.” — page 6
Funders the charity credits
- Banner Buzz
Trustees
- Claire Hartleychair
- Andrew Kevin Lewis
- Craig Mervish
- James Zealander
- John Morrison
- RABBI DAVID HULBERT
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £146k | £207k |
| 31/08/2024 | £179k | £247k |
| 31/08/2023 | £138k | £170k |
| 31/08/2022 | £95k | £169k |
| 31/08/2021 | £165k | £278k |
Common questions
Is CLORE TIKVA SCHOOL FOUNDATION financially healthy?
The accounts state that unrestricted reserves were £22,692 short of the trustees' targeted figure of £620,000, placing them at a critical level in the short term. The trustees acknowledge that parental contributions are well below expectations and that the present level of funds is sufficient to support the school only in the very short term. Despite these pressures, the trustees remain optimistic about improving the financial position over the next 12 months. Its FY2023 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE BENZI DUNNER SCHOOLS TRUST | 3 | £86k |
| ACHISOMOCH AID COMPANY LIMITED | 2 | £1.3m |
| THE GERTNER CHARITABLE TRUST | 2 | £87k |
| NORTH LONDON WELFARE AND EDUCATIONAL FOUNDATION | 2 | £83k |
| JEG TRUST LIMITED | 2 | £37k |
| MENDAN LIMITED | 2 | £14k |
| BALSTRAW LIMITED | 2 | £4k |
| Beit Shvidler Primary School Charitable Trust | 1 | £1.3m |