ISHADA CHARITABLE TRUST
The Ishada Charitable Trust exists to receive and distribute charitable donations to worthy causes primarily within the Jewish community.
Objects
TO OR FOR THE BENEFIT OF SUCH CHARITABLE INSTITUTION, INSTITUTIONS, PURPOSE OR PURPOSES IN PARTICULAR BUT WITHOUT PREJUDICE TO THE GENERALITY OF THE FOREGOING, FOR THE RELIEF OF POVERTY, THE ADVANCEMENT OF EDUCATION, THE ADVANCEMENT OF THE RELIGION OF THE JEWISH FAITH AND FOR GENERAL CHARITABLE PURPOSES IN SUCH SHARES BETWEEN THEM AS THE TRUSTEES MAY FROM TIME TO TIME AND IN THEIR ABSOLUTE DISCRETION THINK FIT.
Financial health, per its FY2024 accounts
The accounts state that unrestricted funds increased to £67,951 at the end of the year, maintaining a level equivalent to three months of expenditure as per the stated reserves policy. The charity reported a net income of £18,406, derived from donations of £76,260 and charitable expenditure of £57,854. The independent examiner confirmed that no matters came to attention giving cause to believe accounting records were not kept or statements did not accord with those records.
What the accounts disclose
“It ts the policy of the trust that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to three month’s expenditure.” — page 4
Policies the charity declares
- Conflicting interests
- Internal charity financial controls policy and procedures
- Investment
- Risk management
- Trustee conflicts of interest policy and procedures
Trustees
- JASON SELIG
- JOANNE SELIG
- SIMON FELSTEIN
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £76k | £58k |
| 31/12/2023 | £85k | £176k |
| 31/12/2022 | £66k | £79k |
| 31/12/2021 | £95k | £30k |
| 31/12/2020 | £90k | £81k |
Common questions
Is ISHADA CHARITABLE TRUST financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted funds increased to £67,951 at the end of the year, maintaining a level equivalent to three months of expenditure as per the stated reserves policy. The charity reported a net income of £18,406, derived from donations of £76,260 and charitable expenditure of £57,854. The independent examiner confirmed that no matters came to attention giving cause to believe accounting records were not kept or statements did not accord with those records. Its FY2024 accounts were independently examined.