OUR KIDS
Financial health, per its FY2024 accounts
The accounts state that the charity holds unrestricted reserves of £4,084,781, which the trustees consider an acceptable level given the nature of revenue receipts against grants payable. The trustees have resolved to maintain a minimum reserve sufficient to cover all liabilities as they fall due, rather than adhering to a specific time-based policy target. The charity reported a net income increase to £531,646, driven by improved results from its trading subsidiaries.
What the accounts disclose
“No employee received employee benefits of more than £60,000 during the year (2023: Nil).” — page 29
“The trustees have resolved ta maintain a minimum reserve, being enough to cover all liabilities as they fail due.”
“These financial statements consolidate the results of the charity, Our Kids and its 2 100% owned subsidiaries, Easygift Trading Ltd and Arrow Mill Management Ltd.” — page 21
Corporate structure
- Registered company of the charity Companies House 05302575
- Trading subsidiary: EASYGIFT TRADING LIMITED Companies House 07061441
- Trading subsidiary: ARROW MILL MANAGEMENT LTD Companies House 09773133
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- Hanna Deborah Corn
- MALKA STEINBERG
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £19.3m | £18.8m |
| 31/12/2023 | £16.7m | £16.2m |
| 31/12/2022 | £14.1m | £13.8m |
| 31/12/2021 | £14.8m | £14.8m |
| 31/12/2020 | £15.1m | £14.3m |
Common questions
Is OUR KIDS financially healthy?
The accounts state that the charity holds unrestricted reserves of £4,084,781, which the trustees consider an acceptable level given the nature of revenue receipts against grants payable. The trustees have resolved to maintain a minimum reserve sufficient to cover all liabilities as they fall due, rather than adhering to a specific time-based policy target. The charity reported a net income increase to £531,646, driven by improved results from its trading subsidiaries. Its FY2024 accounts were audited by G AHARRIS & CO LIMITED.
What does the highest-paid employee of OUR KIDS earn?
Per its FY2024 accounts, the highest-paid employee was in the Under £60,000 band.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| BEIS MENACHEM CHABAD LUBAVITCH | 1 | £102k |
| DILLHAVEN LIMITED | 1 | £71k |
| SHEMTOV CHARITABLE TRUST | 1 | £25k |
| YESHIVAS LUBAVITCH MANCHESTER | 1 | £20k |
| J & J CHARITABLE TRUST LIMITED | 1 | £17k |
| KTRUST LIMITED | 1 | £12k |
| PARKLAKE CHARITY TRUST | 1 | £5k |