FRIENDS OF BNEI AKIVA (BACHAD)
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net expenditure of £26,360 for the year, resulting in a decrease in unrestricted funds from £2,135,475 to £2,109,115. The trustees note that the charity will continue to depend on donors and members for support, while maintaining unrestricted reserves of £1,027,627 which they consider necessary for day-to-day operations. The independent examiner confirmed that no matters came to their attention giving cause to believe the accounts were not prepared in accordance with applicable standards.
What the accounts disclose
“The trustees have reviewed the charity's needs for reserves in line with the guidance issued by the Charity Commission and have concluded that the general reserves amounting to £1,027,627 (2023: £1,053,987) are necessary to maintain the day to day running of the charity and to achieve its objectives.” — page 5
“The charity has a close relationship with Bnei Akiva for whom it supplies financial and other support. Bnei Akiva is the world's largest religious Zionist youth organisation, active all over the world, with over 50,000 members.” — page 4
“Other creditors relate to amounts due to Bnei Akiva of Gt Britain & Ireland.” — page 17
“The charity has a close relationship with Bnei Akiva for whom it supplies financial and other support. Bnei Akiva is the world's largest religious Zionist youth organisation, active all over the world, with over 50,000 members.” — page 4
“Other creditors relate to amounts due to Bnei Akiva of Gt Britain & Ireland.” — page 17
“The charity has a close relationship with Bnei Akiva for whom it supplies financial and other support. Bnei Akiva is the world's largest religious Zionist youth organisation, active all over the world, with over 50,000 members.” — page 4
“Other creditors relate to amounts due to Bnei Akiva of Gt Britain & Ireland.” — page 17
Structured financials (annual return, FY ending 30/09/2022)
Trustees
- Sean Melnickchair
- MICHAEL WEINSTEIN
- Steven Anthony Blumgart
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/09/2025 | £142k | £390k |
| 30/09/2024 | £418k | £444k |
| 30/09/2023 | £204k | £386k |
| 30/09/2022 | £542k | £430k |
| 30/09/2021 | £88k | £215k |
Common questions
Is FRIENDS OF BNEI AKIVA (BACHAD) financially healthy?
The accounts state that the charity reported a net expenditure of £26,360 for the year, resulting in a decrease in unrestricted funds from £2,135,475 to £2,109,115. The trustees note that the charity will continue to depend on donors and members for support, while maintaining unrestricted reserves of £1,027,627 which they consider necessary for day-to-day operations. The independent examiner confirmed that no matters came to their attention giving cause to believe the accounts were not prepared in accordance with applicable standards. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| SAMJO LIMITED | 1 | £1.2m |
| KOLLEL AND CO LIMITED | 1 | £500k |
| GILMOOR BENEVOLENT FUND LIMITED | 1 | £380k |
| NASOD CHARITABLE TRUST | 1 | £290k |
| OIZER CHARITABLE TRUST | 1 | £289k |
| BRITISH FRIENDS OF TZOHAR | 1 | £176k |
| ACHISOMOCH AID COMPANY LIMITED | 1 | £106k |
| BRUSHMILL LIMITED | 1 | £69k |