RABBI Z MICHAEL MEMORIAL FUND
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net outgoing of resources of £2,308 for the year ended 31 March 2025, resulting in a decrease in unrestricted funds from £25,058 to £22,750. The trustees consider the financial performance to have been satisfactory and maintain tight controls over costs, which amounted to only 4% of total expenditure. The charity holds unrestricted reserves of £22,750, which the trustees believe are sufficient to cover unforeseen expenditure and shortfalls in income.
What the accounts disclose
“It is the policy of the charity to maintain unrestricted funds at a level sufficient to cover unforeseen and major expenditure and shortfalls in income.” — page 4
Trustees
- ABRAHAM WEINIGERchair
- Andrew Gerard Oppenheimer
- SIMCHA KOHN
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £105k | £108k |
| 31/03/2024 | £124k | £134k |
| 31/03/2023 | £216k | £217k |
| 31/03/2022 | £185k | £182k |
| 31/03/2021 | £166k | £143k |
Common questions
Is RABBI Z MICHAEL MEMORIAL FUND financially healthy?
The accounts state that the charity reported a net outgoing of resources of £2,308 for the year ended 31 March 2025, resulting in a decrease in unrestricted funds from £25,058 to £22,750. The trustees consider the financial performance to have been satisfactory and maintain tight controls over costs, which amounted to only 4% of total expenditure. The charity holds unrestricted reserves of £22,750, which the trustees believe are sufficient to cover unforeseen expenditure and shortfalls in income. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| KOLLEL AND CO LIMITED | 1 | £500k |
| GILMOOR BENEVOLENT FUND LIMITED | 1 | £380k |
| NASOD CHARITABLE TRUST | 1 | £290k |
| KEREN ASSOCIATION LIMITED | 1 | £188k |
| ACHISOMOCH AID COMPANY LIMITED | 1 | £111k |
| AHAVATH CHESSED CHARITABLE ASSOCIATION LIMITED | 1 | £58k |
| CARLEE LTD | 1 | £50k |
| GOLDHEART CHARITY LIMITED | 1 | £25k |