TORAH DEVELOPMENT LTD
Providing charitable services, in particular to provide accommodation and support to a large local school.
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)
Corporate structure
- Registered company of the charity Companies House 04069422
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.