THE HENDON FAMILIES SYNAGOGUE LIMITED

Registered charity 1129679 · accounts filings on the Charity Commission register · also known as BEIS GAVRIEL CHABAD LUBAVITCH, Machne Israel Loan Fund · listed website unreachable when last crawled

Latest income
£433k
Latest spending
£1.3m
Registered
2009
Accounts read
FY2024

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

Reserves policy: a level, which the trustees think appropriate after considering the future commitments of the charity and the likely administrative costs of the charity (held: £250k)
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
Per its FY2024 accounts as filed with the Charity Commission.
Going concern: noted by the trustees or auditor
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
Per its FY2024 accounts as filed with the Charity Commission.
Payments to trustees: Fees of £4,811 paid to DAS Accounting & Partners (UK) LLP, an entity controlled by trustee Mr P Davidoff, for bookkeeping and administrative services.
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
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Note 8
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
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit).

Year-over-year changes

Comparing this charity’s FY2023 and FY2024 accounts as analysed by this site.

Corporate structure

Structured financials (annual return, FY ending 31/12/2023)

Total income
£833k
Total spending
£420k
Reserves (reported)
£185k
Employees
0

Reported reserves equal ~5.3 months of spending — below the median for charities its size (median 7.0 months; benchmarks).

Register events

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Barnet

Income and spending

Financial year endIncomeSpending
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

Grants to this charity found in funders’ own accounts filings.

FunderYearAmount
LYNWOOD CHARITABLE FOUNDATIONFY2025£2k

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

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