THE MINYAN
Provision of synagogue services and daily lectures. Fund raising for local and international causes. Provision of loans and/or grants for the needy.
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net income of £798,128 for the year ended 31 December 2024, with total funds increasing to £2.1 million. However, the charity holds unrestricted reserves of £746,991 against a stated policy target of six months of expenditure, while also carrying net current liabilities of £80,178. The trustees attribute the ability to continue as a going concern to confirmed financial support from principal creditors and lenders.
What the accounts disclose
“The Charity has a policy of ensuring that at all times it has sufficient funds to support its activities for approximately 6 months.” — page 4
“the trustees have received confirmation of continued financial support from the charity’s principal creditors and lenders. Based on this ongoing support, alongside anticipated future voluntary income, the trustees consider that there are no material uncertainties regarding the charity's ability to continue as a going concern”
Year-over-year changes
- Going concern: no going-concern doubt (FY2023) → going-concern doubt noted (FY2024).
Corporate structure
- Registered company of the charity Companies House 05603904
Company officers (Companies House)
- WEISSBRAUN, Alan Oshi not on trustee list
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- Uri Neufeldchair
- Alan Oshi Weissbraun
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £1.4m | £621k |
| 31/12/2023 | £969k | £565k |
| 31/12/2022 | £361k | £372k |
| 31/12/2021 | £342k | £385k |
| 31/12/2020 | £317k | £293k |
Common questions
Is THE MINYAN financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net income of £798,128 for the year ended 31 December 2024, with total funds increasing to £2.1 million. However, the charity holds unrestricted reserves of £746,991 against a stated policy target of six months of expenditure, while also carrying net current liabilities of £80,178. The trustees attribute the ability to continue as a going concern to confirmed financial support from principal creditors and lenders. Its FY2024 accounts were audited by Cohen Arnold.
Who funds THE MINYAN?
Funders whose own accounts filings name THE MINYAN as a grant recipient include ACHISOMOCH AID COMPANY LIMITED, SABENO LIMITED, MW (CL) FOUNDATION.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| ACHISOMOCH AID COMPANY LIMITED | FY2024 | £789k | |
| ACHISOMOCH AID COMPANY LIMITED | FY2023 | £210k | |
| ACHISOMOCH AID COMPANY LIMITED | FY2022 | £135k | |
| SABENO LIMITED | FY2024 | £2k | |
| MW (CL) FOUNDATION | FY2024 | £0 |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| HAROFEH DONATIONS LIMITED | 2 | £23k |
| THE KASNER CHARITABLE TRUST | 1 | — |
| M AND R GROSS CHARITIES LIMITED | 1 | £312k |
| PARKWILL LIMITED | 1 | £236k |
| GILMOOR BENEVOLENT FUND LIMITED | 1 | £210k |
| BOURNEHEIGHTS LIMITED | 1 | £96k |
| CHALFORDS LIMITED | 1 | £66k |
| HARBO CHARITIES LIMITED | 1 | £57k |
Charities like this
- CENTRAL SQUARE MINYAN
- SAFARDI MINYAN
- BEIS TEFILLOH
- BAIS HAMEDRASH OHEL YAKOV LTD
- CONGREGATION SHAREI SHOLOM TCHABE LIMITED
- YESHUAS CHAIM SYNAGOGUE
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE MINYAN | £1.4m | — | 0 | unclear | — | noted |
| CENTRAL SQUARE MINYAN | £135k | — | 0 | within | — | no doubt |
| SAFARDI MINYAN | £123k | — | 0 | within | — | no doubt |
| BEIS TEFILLOH | £222k | — | 0 | unclear | — | no doubt |
| BAIS HAMEDRASH OHEL YAKOV LTD | £210k | — | 0 | unclear | — | no doubt |
| CONGREGATION SHAREI SHOLOM TCHABE LIMITED | £1.3m | — | 0 | below | — | no doubt |