TORAH DEVELOPMENT LTD
Providing charitable services, in particular to provide accommodation and support to a large local school.
Objects
1) TO ESTABLISH, SUPPORT AND PROVIDE EDUCATIONAL ESTABLISHMENTS IN ACCORDANCE WITH THE DOCTRINES AND PRINCIPLES OF ORTHODOX JUDAISM.2) TO PROVIDE FOR THE RELIEF OF POVERTY AND ANY OTHER CHARITABLE ACTIVITY.3) FOR SUCH OTHER PURPOSES AS ARE RECOGNISED BY ENGLISH LAW AS CHARITABLE.
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves increased to £17,304, while the charity holds significant investment properties valued at £1,595,000. However, the charity carries substantial long-term debt of £491,046, which trustees note must be repaid using generated surplus income. The trustees consider the charity's performance satisfactory and confirm there are no material uncertainties regarding its ability to continue as a going concern.
What the accounts disclose
Insolvency history (Companies House)
Policies the charity declares
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Risk management
- Trustee conflicts of interest policy and procedures
Corporate structure
- Registered company of the charity Companies House 04069422 · Financial health read from its filings
Company officers (Companies House)
- BAMBERGER, Shimshon on trustee list
- BAMBERGER, Moishe Arieh on trustee list
Property (HM Land Registry)
Trustees
- MOISHE BAMBERGER
- SHIMSHON BAMBERGER
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/04/2025 | £86k | £62k |
| 30/04/2024 | £79k | £74k |
| 30/04/2023 | £73k | £59k |
| 30/04/2022 | £73k | £49k |
| 30/04/2021 | £61k | £21k |
Common questions
Is TORAH DEVELOPMENT LTD financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves increased to £17,304, while the charity holds significant investment properties valued at £1,595,000. However, the charity carries substantial long-term debt of £491,046, which trustees note must be repaid using generated surplus income. The trustees consider the charity's performance satisfactory and confirm there are no material uncertainties regarding its ability to continue as a going concern. Its FY2025 accounts were independently examined.