THE JERUSALEM INTEREST-FREE MICROFINANCE FUND LIMITED
The Jerusalem Interest-free Microfinance Fund Ltd is a fully cross-communal initiative that alleviates poverty and mitigates inter-communal tension in Jerusalem, through provision of programmes involving training and micro-finance (loans etc.) for groups (so far, women only) from Jerusalem communities lacking access to bank funding who wish to start or to expand small businesses.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a deficit of £117,582 for the year ended 31 August 2025, resulting in unrestricted reserves falling to £240,842. The trustees confirmed that accounting records were kept properly and the accounts comply with relevant requirements, with no material matters coming to the examiner's attention.
What the accounts disclose
“Donations received include £49,000 (2024: £64,000) from charities on which Donald Franklin is a trustee.” — page 12
“Expenditure on training services of £9,742 (2024: £16,984) represent support for the training by MATI of entrepreneurs who receive small business development loans supported by JIMF.” — page 12
“Donations received include £49,000 (2024: £64,000) from charities on which Donald Franklin is a trustee.” — page 12
“Expenditure on training services of £9,742 (2024: £16,984) represent support for the training by MATI of entrepreneurs who receive small business development loans supported by JIMF.” — page 12
Trustees
- Dr Donald Franklinchair
- Rabbi Michael Alexander Pollak
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £51k | £169k |
| 31/08/2024 | £166k | £150k |
| 31/08/2023 | £40k | £75k |
| 31/08/2022 | £47k | £9k |
| 31/08/2021 | £18k | £2k |
Common questions
Is THE JERUSALEM INTEREST-FREE MICROFINANCE FUND LIMITED financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a deficit of £117,582 for the year ended 31 August 2025, resulting in unrestricted reserves falling to £240,842. The trustees confirmed that accounting records were kept properly and the accounts comply with relevant requirements, with no material matters coming to the examiner's attention. Its FY2025 accounts were independently examined.