CHABAD RETREAT CENTRE
Retreat in North Wales
Financial health, per its FY2024 accounts
The accounts state that the charity achieved a net surplus of £14,394 for the year, increasing its unrestricted general fund to £779,608. The trustees confirm that unrestricted funds are maintained at a level sufficient to meet day-to-day running costs. The financial statements were prepared on a going concern basis with no material uncertainties identified.
What the accounts disclose
“It is the aim of the charity to maintain unrestricted funds at a level sufficient to enable it to continue to operate and meet day to day running costs.” — page 3
“At the year end, loans amounting to £10,588 were due to one of the trustees of the charity.” — page 12
“At the year end, loans amounting to £8,000 were due to a charity in which one of the trustees is also a trustee of this charity.” — page 12
“At the year end, loans amounting to £10,588 were due to one of the trustees of the charity.” — page 12
“At the year end, loans amounting to £8,000 were due to a charity in which one of the trustees is also a trustee of this charity.” — page 12
Trustees
- GAVRIEL COHEN
- MAX COHEN
- RABBI ANTHONY JOEL JAFFE
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £49k | £34k |
| 31/12/2023 | £22k | £42k |
| 31/12/2022 | £40k | £30k |
| 31/12/2021 | £33k | £48k |
| 31/12/2020 | £37k | £46k |
Common questions
Is CHABAD RETREAT CENTRE financially healthy?
Per its FY2024 accounts: The accounts state that the charity achieved a net surplus of £14,394 for the year, increasing its unrestricted general fund to £779,608. The trustees confirm that unrestricted funds are maintained at a level sufficient to meet day-to-day running costs. The financial statements were prepared on a going concern basis with no material uncertainties identified. Its FY2024 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 31/07/2020 | £10k | COVID-19 Reopen Chabad Retreat Centre safely |
| The National Lottery Community Fund | 15/09/2019 | £10k | THE FUTURE Chabad Retreat Centre |