TZEDOKOH VECHESED LIMITED
Financial health, per its FY2024 accounts
The accounts state that the charity holds unrestricted reserves of £14,015,283, which the trustees consider adequate to support its objects. The charity reported a net income surplus of £838,788 for the year, driven by strong investment property income. The trustees confirmed that the financial position is satisfactory with no material risks identified.
What the accounts disclose
“Net amount of £50,000 was given as loan to Noblestar Estates Ltd in addition to the existing balance of £200,000, the total now stand at £250,000 and interest is charged at 8% per annum. The Trustee Mr M Margalit is also a Directors in that company.” — page 21
Corporate structure
- Registered company of the charity Companies House 04099989
Structured financials (annual return, FY ending 31/10/2024)
Trustees
- MENACHEM MARGALIT
- Zvi Zeivald
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/10/2024 | £1.6m | £822k |
| 31/10/2023 | £1.3m | £939k |
| 31/10/2022 | £1.6m | £919k |
| 31/10/2021 | £1.4m | £847k |
| 31/10/2020 | £1.8m | £802k |
Common questions
Is TZEDOKOH VECHESED LIMITED financially healthy?
The accounts state that the charity holds unrestricted reserves of £14,015,283, which the trustees consider adequate to support its objects. The charity reported a net income surplus of £838,788 for the year, driven by strong investment property income. The trustees confirmed that the financial position is satisfactory with no material risks identified. Its FY2024 accounts were audited by Martin+Heller.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| SAMJO LIMITED | 2 | £1.5m |
| GILMOOR BENEVOLENT FUND LIMITED | 1 | £1.0m |
| THREE PILLARS TRUST | 1 | £438k |
| THE MELOW CHARITABLE TRUST | 1 | £416k |
| ZICHRON MEIR LIMITED | 1 | £384k |
| MAYHEIGHTS LIMITED | 1 | £335k |
| O&G SCHREIBER CHARITABLE TRUST | 1 | £279k |
| YEMIN CHARITABLE TRUST LTD | 1 | £181k |