BRITISH FRIENDS OF RETURN/SHUVU
Financial health, per its FY2024 accounts
The accounts state that the charity ended the year with net liabilities of £173,514, resulting in a deficit on its unrestricted reserves. The trustees acknowledge this position but remain confident in the charity's ability to continue for the foreseeable future, citing commitments to raise funds and provide interest-free loans to meet creditor obligations.
What the accounts disclose
“trustees wish to keep reserves as low as possible in order to maximise paying out of grants.” — page 6
“The trustees acknowledge the above and are confident that the charity will be able to continue for the foreseeable future. The trustees are committed to raising funds as well as loaning from their own funds to ensure the charity is able to repay its creditors as they fall due for repayment.” — page 6
“Mr D Blachman, both personally and via his company, lent various sums to the charity during the year, and was repaid various sums during the year. The balance at the year-end owing to Mr D Blachman amounted to £30,675. This loan is on an interest free basis.” — page 16
Year-over-year changes
- Going concern: no going-concern doubt (FY2023) → going-concern doubt noted (FY2024).
Structured financials (annual return, FY ending 30/11/2023)
Trustees
- DAVID BLACHMANchair
- HENRY LAST
- JIZCHAK KRUSKAL
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/11/2024 | £420k | £605k |
| 30/11/2023 | £629k | £563k |
| 30/11/2022 | £405k | £460k |
| 30/11/2021 | £331k | £395k |
| 30/11/2020 | £390k | £358k |
Common questions
Is BRITISH FRIENDS OF RETURN/SHUVU financially healthy?
The accounts state that the charity ended the year with net liabilities of £173,514, resulting in a deficit on its unrestricted reserves. The trustees acknowledge this position but remain confident in the charity's ability to continue for the foreseeable future, citing commitments to raise funds and provide interest-free loans to meet creditor obligations. Its FY2024 accounts were independently examined.
Who funds BRITISH FRIENDS OF RETURN/SHUVU?
Funders whose own accounts filings name BRITISH FRIENDS OF RETURN/SHUVU as a grant recipient include DONATING CHARITY LIMITED.
Known funders
| Funder | Year | Amount |
|---|---|---|
| DONATING CHARITY LIMITED | FY2023 | £154k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| B K CHARITABLE TRUST | 2 | £72k |
| LUBAVITCH EDUCATION TRUST | 1 | — |
| THE HELPING FOUNDATION | 1 | £3.6m |
| GERSON BERGER ASSOCIATION LIMITED | 1 | £756k |
| BEIS MENACHEM CHABAD LUBAVITCH | 1 | £222k |
| ACHISOMOCH AID COMPANY LIMITED | 1 | £143k |
| BOURNEHEIGHTS LIMITED | 1 | £54k |
| SF FOUNDATION | 1 | £44k |