SOUTH HERTS AND EDGWARE MASORTI
The Charity is a synagogue for the local Jewish Masorti Congregation
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net deficit of £19,391 for the year ended 31 December 2024, resulting in total funds decreasing to £875,986 from £895,377 the previous year. The trustees note that unrestricted reserves are held to maintain positive cash flow and meet contingencies, while the charity is currently seeking a new Rabbi and working on a new building project. Membership numbers declined slightly to 396 at year-end, but the trustees report that membership has stabilised largely due to the appointment of a Community Development Manager.
What the accounts disclose
“The present level of funds is sufficient to support the activities of the Synagogue which depends on the levels of membership and donations being maintained. The unrestricted reserves are held at current levels to maintain positive cash flow and to meet any contingencies requiring immediate expenditure.” — page 4
Property (HM Land Registry)
Register events
- Received assets from another charity (24/01/2013)
Trustees
- DAVID BRIAN GROSSMANchair
- Daniel Roger Davis
- Deborah Eleanor Levy
- Geoffrey Green
- Jay Dor
- Jennifer Zetter
- Jonathan Kaye
- Lauren Michelle Cohen
- Oliver Joseph Davis
- Stephen Fidler
- Steven Marc Lux
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 29/12/2024 | £238k | £258k |
| 29/12/2023 | £224k | £213k |
| 29/12/2022 | £238k | £304k |
| 29/12/2021 | £234k | £260k |
| 31/12/2020 | £191k | £161k |
Common questions
Is SOUTH HERTS AND EDGWARE MASORTI financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net deficit of £19,391 for the year ended 31 December 2024, resulting in total funds decreasing to £875,986 from £895,377 the previous year. The trustees note that unrestricted reserves are held to maintain positive cash flow and meet contingencies, while the charity is currently seeking a new Rabbi and working on a new building project. Membership numbers declined slightly to 396 at year-end, but the trustees report that membership has stabilised largely due to the appointment of a Community Development Manager. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| SHORESH CHARITABLE TRUST (DR RUTH BORCHARD GIFT) | 2 | £10k |
| JEWISH JOINT BURIAL SOCIETY | 2 | £7k |
| GILMOOR BENEVOLENT FUND LIMITED | 1 | £210k |
| PARKWILL LIMITED | 1 | £175k |
| M AND R GROSS CHARITIES LIMITED | 1 | £169k |
| LATATE LIMITED | 1 | £56k |
| SF FOUNDATION | 1 | £56k |
| HARBO CHARITIES LIMITED | 1 | £45k |
Charities like this
- SOUTH WEST ESSEX & SETTLEMENT REFORM SYNAGOGUE
- CONGREGATION SHAREI SHOLOM TCHABE LIMITED
- SOUTH HAMPSTEAD CHARITABLE TRUST
- MASORTI JUDAISM
- YESHUAS CHAIM SYNAGOGUE
- NEW NORTH LONDON SYNAGOGUE
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| SOUTH HERTS AND EDGWARE MASORTI | £238k | — | 0 | above | — | no doubt |
| SOUTH WEST ESSEX & SETTLEMENT REFORM SYNAGOGUE | £462k | — | — | unclear | — | no doubt |
| CONGREGATION SHAREI SHOLOM TCHABE LIMITED | £1.3m | — | 0 | below | — | no doubt |
| SOUTH HAMPSTEAD CHARITABLE TRUST | £934k | — | 0 | unclear | — | no doubt |
| MASORTI JUDAISM | £1.3m | — | 0 | unclear | — | no doubt |
| YESHUAS CHAIM SYNAGOGUE | £163k | — | 0 | below | — | no doubt |