SAMJO LIMITED
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves stood at £37,197,013, with no formal policy to maintain a set level of reserves, though trustees prefer high cash levels for investment opportunities. The charity reported a net increase in funds of £648,181 for the year, driven by investment income of £4,064,152 and donations of £8,000, against charitable expenditure of £3,423,971. The auditor confirmed the financial statements give a true and fair view and identified no material uncertainties regarding going concern.
What the accounts disclose
“During the year the charity made charitable donations of £371,500 (2024 - £210,500) to other charities in which Mr S Halpern is a Trustee and £371,500 (2024 - £210,500) to other charities in which Mr J Halpern is a Trustee. There were no further related party transactions in the year.” — page 24
“The subsidiary is a dormant company called Goldenhunter Limited. Goldenhunter Ltd 100% owns a subsidiary called Century Plaza Management Company Limited a UK property management company. There are three other UK dormant company subsidiaries. Samjo Limited owns 100% of the ordinary share capital.” — page 21
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- JOSHUA HALPERN
- RABBI YISROEL FRIEDMAN
- SAMUEL HALPERN
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £4.1m | £3.4m |
| 31/03/2024 | £4.1m | £2.8m |
| 31/03/2023 | £3.7m | £2.1m |
| 31/03/2022 | £3.4m | £1.2m |
| 31/03/2021 | £2.6m | £1.2m |
Common questions
Is SAMJO LIMITED financially healthy?
The accounts state that unrestricted reserves stood at £37,197,013, with no formal policy to maintain a set level of reserves, though trustees prefer high cash levels for investment opportunities. The charity reported a net increase in funds of £648,181 for the year, driven by investment income of £4,064,152 and donations of £8,000, against charitable expenditure of £3,423,971. The auditor confirmed the financial statements give a true and fair view and identified no material uncertainties regarding going concern. Its FY2025 accounts were audited by Lopian Gross Barnett & Co.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| NES FOUNDATION LTD | 2 | £96k |
| YAD SHLOMO TRUST | 2 | £71k |
| THE UNION OF ORTHODOX HEBREW CONGREGATIONS | 2 | £24k |
| MOISHE AND ESTHER ITZINGER FOUNDATION LIMITED | 2 | £10k |
| UNITED TALMUDICAL ASSOCIATES LTD | 1 | £357k |
| MOUNDFIELD CHARITIES LIMITED | 1 | £139k |
| ACHISOMOCH AID COMPANY LIMITED | 1 | £106k |
| FOUNTAIN OF CHESSED LIMITED | 1 | £95k |