Hasdei Avot Charitable Trust
Latest income
£379k
Latest spending
£433k
Registered
2007
Accounts read
FY2024
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net surplus of £443,740 for the year ended 31st December 2024, with total unrestricted funds increasing to £1,603,228. The trustees confirm that cash reserves are sufficient to meet three months of basic operating costs and that the charity has adequate resources to continue as a going concern.
What the accounts disclose
Reserves policy: three months basic operating costs (held: £1.6m)
“In view of this the trustees aim to maintain a level of reserves sufficient to meet three months basic operating costs.” — page 4
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Loan from director
“Other creditors totalling £308 (2023 : £2,050) is a loan given by Mr Abadi a director, to Hasdei Avot Charitable Trust and was still owed at the end of the year.” — page 18
Per its FY2024 accounts as filed with the Charity Commission.
Trustees
- DANIEL PHILLIP LYONS
- FABIANA RESNIK DE ABADI
- MIGUEL GERARDO ABADI
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £379k | £433k |
| 31/12/2023 | £273k | £489k |
| 31/12/2022 | £318k | £1.1m |
| 31/12/2021 | £472k | £401k |
| 31/12/2020 | £341k | £353k |
Common questions
Is Hasdei Avot Charitable Trust financially healthy?
The accounts state that the charity reported a net surplus of £443,740 for the year ended 31st December 2024, with total unrestricted funds increasing to £1,603,228. The trustees confirm that cash reserves are sufficient to meet three months of basic operating costs and that the charity has adequate resources to continue as a going concern. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| BROOM FOUNDATION | 2 | £333k |
| BEIS HAMEDRASH HECHODOSH | 2 | £11k |
| LUBAVITCH EDUCATION TRUST | 1 | — |
| THREE PILLARS TRUST | 1 | £1.2m |
| DONATING CHARITY LIMITED | 1 | £772k |
| KOLYOM TRUST LIMITED | 1 | £562k |
| ASSER BISHVIL FOUNDATION | 1 | £296k |
| CHALFORDS LIMITED | 1 | £200k |