M AND M FOUNDATION
Pursuing projects in line with the trust deed.
Objects
1.THE RELIEF OF POVERTY AMONGST THE UNDER PRIVILEGED OR PERSONS IN CONDITIONS OF NEED AND HARDSHIP IN THE JEWISH COMMUNITY 2. THE ADVANCEMENT OF THE JEWISH ORTHODOX RELIGION 3. THE ADVANCEMENT OF EDUCATION ACCORDING TO THE BELIEFS AND VALUES OF THE ORTHODOX JEWISH FAITH
Financial health, per its FY2025 accounts
The accounts state that the charity held unrestricted free reserves of £696,357, which the trustees consider an acceptable level given the charity's limited financial obligations. The charity reported a net expenditure of £869 for the year, funded by investment income and donations, while maintaining a total fund balance of £1,700,807. The trustees confirmed there are no material uncertainties regarding the charity's ability to continue operating.
What the accounts disclose
“the trustees have resolved to maintain a minimum reserve roughly equal to the net current assets of the charity.”
“Alexandra Gate Business Centre Ltd, a wholly owned subsidiary of the M & M Foundation, donated to M & M Foundation during the year investment income amounting to £200,000.” — page 18
“Mr M Halpern, a trustee of M & M Foundation, is also a director and shareholder in Hallmark Real Estate Group Ltd.” — page 18
“Alexandra Gate Business Centre Ltd, a wholly owned subsidiary of the M & M Foundation, donated to M & M Foundation during the year investment income amounting to £200,000.” — page 18
“Mr M Halpern, a trustee of M & M Foundation, is also a director and shareholder in Hallmark Real Estate Group Ltd.” — page 18
“The wholly owned companies - AG Cardiff Ltd, AG Cardiff (2) Ltd, Alexandra Gate Business Centre Ltd and Alexandra Gate HR Ltd are all incorporated in the United Kingdom. The entire share capital of Cafe Management Ltd is owned by Alexandra Gate Business Centre Ltd” — page 16
Insolvency history (Companies House)
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 31/10/2023
- Has a trading subsidiary
Corporate structure
- Trading subsidiary: ALEXANDRA GATE BUSINESS CENTRE LTD Companies House 06802208 · Financial health read from its filings
- Trading subsidiary: AG CARDIFF LTD Companies House 06802226
- Trading subsidiary: CAFE MANAGEMENT LTD Companies House 09131359
- Trading subsidiary: ALEXANDRA GATE HR LTD Companies House 10060582
- Trading subsidiary: AG CARDIFF (2) LTD Companies House 11327577
- Loans totalling £1,073,000 as at 31 Oct 2023 and holds property acquired at a cost of £1,662,491 in June 2014. The property was valued at £1,950,000 in Aug 2023.
- {"loans": 1073000, "property_cost": 1662491, "property_valuation": 1950000}
Trustees
- Mordecai halpernchair
- David Moses Halpern
- MIRIAM HALPERN
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/10/2025 | £217k | £218k |
| 31/10/2024 | £320k | £150k |
| 31/10/2023 | £262k | £85k |
| 31/10/2022 | £193k | £152k |
| 31/10/2021 | £459k | £271k |
Common questions
Is M AND M FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that the charity held unrestricted free reserves of £696,357, which the trustees consider an acceptable level given the charity's limited financial obligations. The charity reported a net expenditure of £869 for the year, funded by investment income and donations, while maintaining a total fund balance of £1,700,807. The trustees confirmed there are no material uncertainties regarding the charity's ability to continue operating. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| DEBMAR BENEVOLENT TRUST LIMITED | 1 | £383k |
| DILLHAVEN LIMITED | 1 | £92k |
| J & J CHARITABLE TRUST LIMITED | 1 | £44k |
| MYR CHARITABLE TRUST | 1 | £36k |
| KTRUST LIMITED | 1 | £12k |
| VENDQUOT LIMITED | 1 | £6k |
| C AND F CHARITABLE TRUST | 1 | £6k |
| ABG TRUST FUND | 1 | £4k |
Charities like this
- M I CHARITABLE TRUST
- THE E M MACANDREW TRUST
- T & S TRUST FUND
- THE M AND L CHARITABLE TRUST
- THE M D AND S CHARITABLE TRUST
- THE FORT TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| M AND M FOUNDATION | £217k | — | 0 | unclear | — | no doubt |
| M I CHARITABLE TRUST | £21k | — | 0 | unclear | — | no doubt |
| THE E M MACANDREW TRUST | £72k | — | 0 | unclear | — | no doubt |
| T & S TRUST FUND | £334k | — | 0 | above | — | no doubt |
| THE M AND L CHARITABLE TRUST | £771k | — | 0 | unclear | — | no doubt |
| THE M D AND S CHARITABLE TRUST | £519k | — | 0 | unclear | — | no doubt |