FINHUMF
Financial health, per its FY2024 accounts
The accounts state that total reserves decreased to £2,591,963 from £3,080,898 in the prior year, driven by a significant unrealised loss on investments. The trustees report that unrestricted funds are sufficient to ensure future viability, with no stated reserves policy target to compare against. The charity operates under a small companies regime with an independent examination rather than a full audit.
What the accounts disclose
“It is the policy of the charity to maintain unrestricted funds, which are the free reserves of the charity. The Trustees consider that the investment portfolio is liquid enough to also be considered as free reserves and are therefore satisfied the charity has sufficient reserves to ensure the future viability of the charity and its activities.” — page 5
“During the year, a Trustee expenses of £59 (2023: £nil) were paid by the charity in respect of one (2023: none) trustee. There is a balance of £nil (2023: £8,706) included within other creditors in relation to expenses paid by a Trustee on the Charity’s behalf in a prior year.” — page 16
Trustees
- Jamie Ball
- LESLIE HILL
- Peter Hald
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £113k | £98k |
| 31/03/2024 | £173k | £117k |
| 31/03/2023 | £152k | £18k |
| 31/03/2022 | £70k | £130k |
| 31/03/2021 | £86k | £53k |
Common questions
Is FINHUMF financially healthy?
The accounts state that total reserves decreased to £2,591,963 from £3,080,898 in the prior year, driven by a significant unrealised loss on investments. The trustees report that unrestricted funds are sufficient to ensure future viability, with no stated reserves policy target to compare against. The charity operates under a small companies regime with an independent examination rather than a full audit. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| LPW LIMITED | 1 | £133k |
| BEIS MENACHEM CHABAD LUBAVITCH | 1 | £102k |
| THE RABBI MOSHE & LEAH DERMER FOUNDATION | 1 | £76k |
| JEG TRUST LIMITED | 1 | £40k |
| UOHC FOUNDATION LTD | 1 | £25k |
| YESHIVAS LUBAVITCH MANCHESTER | 1 | £20k |
| SABENO LIMITED | 1 | £10k |
| WOODLANDS GREEN LTD | 1 | £10k |