MOISHE AND ESTHER ITZINGER FOUNDATION LIMITED
Financial health, per its FY2024 accounts
The charity reported a net income of £220,577 for the year ended 31 December 2024, driven by an £259,591 revaluation gain on investment property, despite a deficit on income and expenditure of £39,014 from operations. Total unrestricted reserves increased to £3,029,294, with the trustees noting they do not seek to maintain specific reserve targets other than to ensure continuity of activities. The accounts state there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“Other debtors (note 11) comprise amounts due from Kelvinhill Estates Limited and Radway Developments Limited, companies in which Trustees and/or close family members have an interest. Included in other creditors (note 12) are amounts totalling £15,442 (2023: £169,236) due to Parkwillow Limited and Hadley Developments Limited, companies in which Trustees and/or close family members have an interest.” — page 18
Trustees
- SAMUEL MAURICE ITZINGERchair
- Allen Joshua Eder
- Andre Freudenberger
- Arie Jakubowitch
- ESTHER ITZINGER
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £379k | £418k |
| 31/12/2023 | £350k | £662k |
| 31/12/2022 | £311k | £687k |
| 31/12/2021 | £277k | £317k |
| 31/12/2020 | £343k | £251k |
Common questions
Is MOISHE AND ESTHER ITZINGER FOUNDATION LIMITED financially healthy?
The charity reported a net income of £220,577 for the year ended 31 December 2024, driven by an £259,591 revaluation gain on investment property, despite a deficit on income and expenditure of £39,014 from operations. Total unrestricted reserves increased to £3,029,294, with the trustees noting they do not seek to maintain specific reserve targets other than to ensure continuity of activities. The accounts state there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2024 accounts were audited by Sugarwhite Meyer Accountants Ltd.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| DEBMAR BENEVOLENT TRUST LIMITED | 1 | £190k |
| MAYFAIR CHARITIES LIMITED | 1 | £21k |