ONDAWN LIMITED
The objectives of the Project, as established, continue unchanged, is to alleviate poverty of individuals and to further education according to the tenets of the orthodox jewish faith. The basic purposes and objectives of the company are to raise funds on an ongoing basis in order to provide for needy families and religious educational institutions.
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net movement in funds of a deficit of £29,872 for the year ended 31 December 2024, reducing unrestricted funds from £3,444,039 to £3,414,167. The trustees maintain that the charity has adequate resources to continue in operational existence for the foreseeable future. The charity's policy is to maintain unrestricted reserves equivalent to between three and six months' expenditure, a level the trustees consider has been maintained throughout the year.
What the accounts disclose
“It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month’s expenditure.” — page 4
“Included in donation, £70,000 and £30,000 were made from Tempophase Limited and Unity Investments London Ltds respectively in which Mr Vorhand is director of both companies. Mr Vorhand is also a trustee of Ondawn Limited.” — page 13
“The interest receivable is comprised of £112,629 from Novaheights Limited and £27 481 from Tempophase Limited.” — page 13
“Included in donation, £70,000 and £30,000 were made from Tempophase Limited and Unity Investments London Ltds respectively in which Mr Vorhand is director of both companies. Mr Vorhand is also a trustee of Ondawn Limited.” — page 13
“The interest receivable is comprised of £112,629 from Novaheights Limited and £27 481 from Tempophase Limited.” — page 13
Trustees
- Elizabeth Noe
- MILAN VORHAND
- THOMAS VORHAND
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £245k | £275k |
| 31/12/2023 | £244k | £239k |
| 31/12/2022 | £257k | £664k |
| 31/12/2021 | £244k | £781k |
| 31/12/2020 | £216k | £208k |
Common questions
Is ONDAWN LIMITED financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net movement in funds of a deficit of £29,872 for the year ended 31 December 2024, reducing unrestricted funds from £3,444,039 to £3,414,167. The trustees maintain that the charity has adequate resources to continue in operational existence for the foreseeable future. The charity's policy is to maintain unrestricted reserves equivalent to between three and six months' expenditure, a level the trustees consider has been maintained throughout the year. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE UNION OF ORTHODOX HEBREW CONGREGATIONS | 2 | £69k |
| CHARITWORTH LIMITED | 2 | £60k |
| THE RABBI MOSHE & LEAH DERMER FOUNDATION | 2 | £10k |
| THE KASNER CHARITABLE TRUST | 1 | — |
| ACHISOMOCH AID COMPANY LIMITED | 1 | £2.0m |
| UNITED TALMUDICAL ASSOCIATES LTD | 1 | £660k |
| BOURNEHEIGHTS LIMITED | 1 | £316k |
| MOUNDFIELD CHARITIES LIMITED | 1 | £139k |
Charities like this
- ENTINDALE LIMITED
- WST CHARITY LIMITED
- NADENIA LIMITED
- KEHAL CHASIDEI WIZNITZ LIMITED
- FUNDD
- SHULEM B. ASSOCIATION LIMITED
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| ONDAWN LIMITED | £245k | — | 0 | above | — | no doubt |
| ENTINDALE LIMITED | £2.0m | — | 0 | above | — | no doubt |
| WST CHARITY LIMITED | £1.6m | — | 0 | below | — | no doubt |
| NADENIA LIMITED | £107k | — | 0 | above | — | no doubt |
| KEHAL CHASIDEI WIZNITZ LIMITED | £642k | — | 0 | unclear | — | no doubt |
| FUNDD | £5.0m | — | 0 | unclear | — | noted |