THE HENDON FAMILIES SYNAGOGUE LIMITED
Financial health, per its FY2024 accounts
The charity reported a net expenditure of £841,769 for the year, resulting in a significant decrease in total funds from £2,176,623 to £1,334,854. Unrestricted reserves stood at £250,474, which the trustees consider appropriate given future commitments, though they note the need to actively pursue funding to maintain financial stability.
What the accounts disclose
“It is the policy of the charity to maintain unrestricted funds, which are the free reserve of the charity, at a level, which the trustees think appropriate after considering the future commitments of the charity and the likely administrative costs of the charity.” — page 4
“The trustees are actively pursuing sources of funding in order to ensure that there are sufficient reserves to provide financial stability and flexibility.” — page 4
“During the year the charity paid fees of £4,811 (2023: £6,125) for bookkeeping, administrative and support services to DAS Accounting & Partners (UK) LLP, an entity controlled by Mr P Davidoff, a trustee of the charity. This is to cover part time administrative support to minimise costs for the organisation. The charity considered the Charity Commission's guidance on payments to trustees and are satisfied the amounts paid are at arm's length and in the best interest of the charity.” — page 14
“During the year the charity paid fees of £4,811 (2023: £6,125) for bookkeeping, administrative and support services to DAS Accounting & Partners (UK) LLP, an entity controlled by Mr P Davidoff, a trustee of the charity. This is to cover part time administrative support to minimise costs for the organisation. The charity considered the Charity Commission's guidance on payments to trustees and are satisfied the amounts paid are at arm's length and in the best interest of the charity. Trustees' expenses There were no trustees' expenses paid for the year ended 31 December 2024 nor for the year ended 31 December 2023.” — page 14
Year-over-year changes
- Going concern: no going-concern doubt (FY2023) → going-concern doubt noted (FY2024).
Corporate structure
- Registered company of the charity Companies House 06778461
Structured financials (annual return, FY ending 31/12/2023)
Register events
- Received assets from another charity (21/06/2022)
- Received assets from another charity (18/11/2021)
Trustees
- PESACH DAVIDOFFchair
- MENACHEM MENDEL FREUNDLICH
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £433k | £1.3m |
| 31/12/2023 | £833k | £420k |
| 31/12/2022 | £503k | £361k |
| 31/12/2021 | £408k | £252k |
| 31/12/2020 | £103k | £177k |
Common questions
Is THE HENDON FAMILIES SYNAGOGUE LIMITED financially healthy?
The charity reported a net expenditure of £841,769 for the year, resulting in a significant decrease in total funds from £2,176,623 to £1,334,854. Unrestricted reserves stood at £250,474, which the trustees consider appropriate given future commitments, though they note the need to actively pursue funding to maintain financial stability. Its FY2024 accounts were independently examined.
Who funds THE HENDON FAMILIES SYNAGOGUE LIMITED?
Funders whose own accounts filings name THE HENDON FAMILIES SYNAGOGUE LIMITED as a grant recipient include LYNWOOD CHARITABLE FOUNDATION.
Known funders
| Funder | Year | Amount |
|---|---|---|
| LYNWOOD CHARITABLE FOUNDATION | FY2025 | £2k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| CARLEE LTD | 2 | £122k |
| CHASDEI MENASHE MEIR | 2 | £20k |
| ACHISOMOCH AID COMPANY LIMITED | 1 | £741k |
| CMZ LTD | 1 | £441k |
| TAGMARSH CHARITY LIMITED | 1 | £196k |
| OLLINGHAM LIMITED | 1 | £195k |
| KEREN ASSOCIATION LIMITED | 1 | £188k |
| GILMOOR BENEVOLENT FUND LIMITED | 1 | £175k |