YAD VEACHISOMOCH L'CHAIM
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net expenditure of £20,167 for the year, resulting in a decrease in total unrestricted funds from £1,023,699 to £1,003,532. Per the trustees' report, free reserves (net current assets) stood at £437,182, which the trustees consider an acceptable level given the nature of revenue receipts against grants payable. The charity holds no restricted funds and has no stated reserves policy target other than maintaining net current assets.
What the accounts disclose
“In considering the financial obligations of the charity, the trustees have resolved to maintain a minimum reserve, being the net current assets of the charity.” — page 7
“Rabbi Y A Cohen, trustee of Yad Veachisomoch L'Chaim is also a trustee of Beis Menachem Chabad Lubavitch. During the Year, Yad Veachisomoch L'Chaim made grants totalling £10,750 to Beis Menachem.” — page 21
“Rabbi L Cohen, Rabbi Y Cohen, Mrs C M Cohen, Rabbi S Cohen, Rabbi Shneur Cohen, Mrs C M Cohen and Mrs L Cohen are all children/in law of Rabbi Y A Cohen and were employed by the charity during the year. Wages received by this group was £95,911.” — page 21
“Rabbi Y A Cohen, trustee of Yad Veachisomoch L'Chaim is also a trustee of Beis Menachem Chabad Lubavitch. During the Year, Yad Veachisomoch L'Chaim made grants totalling £10,750 to Beis Menachem.” — page 21
“Rabbi L Cohen, Rabbi Y Cohen, Mrs C M Cohen, Rabbi S Cohen, Rabbi Shneur Cohen, Mrs C M Cohen and Mrs L Cohen are all children/in law of Rabbi Y A Cohen and were employed by the charity during the year. Wages received by this group was £95,911.” — page 21
Structured financials (annual return, FY ending 31/05/2025)
Trustees
- GARY GLICKMAN
- MALCAH COHEN
- RABBI ELIEZER EIDELMAN
- RABBI JOSEF AKIVA COHEN
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/05/2025 | £834k | £854k |
| 31/05/2024 | £1.3m | £886k |
| 31/05/2023 | £822k | £782k |
| 31/05/2022 | £688k | £582k |
| 31/05/2021 | £660k | £504k |
Common questions
Is YAD VEACHISOMOCH L'CHAIM financially healthy?
The accounts state that the charity reported a net expenditure of £20,167 for the year, resulting in a decrease in total unrestricted funds from £1,023,699 to £1,003,532. Per the trustees' report, free reserves (net current assets) stood at £437,182, which the trustees consider an acceptable level given the nature of revenue receipts against grants payable. The charity holds no restricted funds and has no stated reserves policy target other than maintaining net current assets. Its FY2025 accounts were independently examined.
Who funds YAD VEACHISOMOCH L'CHAIM?
Funders whose own accounts filings name YAD VEACHISOMOCH L'CHAIM as a grant recipient include BEIS MENACHEM CHABAD LUBAVITCH, YESHIVAS LUBAVITCH MANCHESTER.
Shared trustees with funders
- RABBI JOSEF AKIVA COHEN — trustee here and at BEIS MENACHEM CHABAD LUBAVITCH
Known funders
| Funder | Year | Amount |
|---|---|---|
| BEIS MENACHEM CHABAD LUBAVITCH | FY2023 | £97k |
| YESHIVAS LUBAVITCH MANCHESTER | FY2023 | £20k |
| BEIS MENACHEM CHABAD LUBAVITCH | FY2024 | £5k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| DEBMAR BENEVOLENT TRUST LIMITED | 2 | £720k |
| PARKLAKE CHARITY TRUST | 2 | £7k |
| ACHISOMOCH AID COMPANY LIMITED | 1 | £657k |
| THE JD FOUNDATION | 1 | £561k |
| HEICHAL HATORAH FOUNDATION | 1 | £355k |
| The Gerald and Gail Ronson Family Foundation | 1 | £200k |
| RNH SYNAGOGUE & COLLEGE LTD | 1 | £75k |
| CHASDEI YITZOK CHARITIES LIMITED | 1 | £74k |