MW (RH) FOUNDATION
To pursue the objects of the charity with all the resources available to the charity.
Financial health, per its FY2024 accounts
The charity reported a net expenditure of £400,354 for the year, resulting in a decrease in total unrestricted funds from £7,667,796 to £7,267,442. Free reserves, defined by the trustees as net current assets, stood at £1,181,731, which the trustees consider an acceptable level given the nature of revenue receipts against grants payable. The auditor confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified.
What the accounts disclose
“In considering the financial obligations of the charity, the trustees have resolved to maintain a minimum reserve, being the current assets of the charity.” — page 7
“£68,000 of donated income for the year came from Debmar Benevolent Trust and £150,000 from J&R Holdings Limited. Included in other debtors is £94,500 owed by The Jayrose Charitable Trust. Included in other creditors is £23,944 owing to J&R Assets Limited, £7,000 owing to J&R Assets (2) Limited and £108,992 owing to J&R Holdings Limited. The above loans are interest free.” — page 28
“£68,000 of donated income for the year came from Debmar Benevolent Trust and £150,000 from J&R Holdings Limited. Included in other debtors is £94,500 owed by The Jayrose Charitable Trust. Included in other creditors is £23,944 owing to J&R Assets Limited, £7,000 owing to J&R Assets (2) Limited and £108,992 owing to J&R Holdings Limited. The above loans are interest free.” — page 28
“£68,000 of donated income for the year came from Debmar Benevolent Trust and £150,000 from J&R Holdings Limited. Included in other debtors is £94,500 owed by The Jayrose Charitable Trust. Included in other creditors is £23,944 owing to J&R Assets Limited, £7,000 owing to J&R Assets (2) Limited and £108,992 owing to J&R Holdings Limited. The above loans are interest free.” — page 28
“£68,000 of donated income for the year came from Debmar Benevolent Trust and £150,000 from J&R Holdings Limited. Included in other debtors is £94,500 owed by The Jayrose Charitable Trust. Included in other creditors is £23,944 owing to J&R Assets Limited, £7,000 owing to J&R Assets (2) Limited and £108,992 owing to J&R Holdings Limited. The above loans are interest free.” — page 28
“£68,000 of donated income for the year came from Debmar Benevolent Trust and £150,000 from J&R Holdings Limited. Included in other debtors is £94,500 owed by The Jayrose Charitable Trust. Included in other creditors is £23,944 owing to J&R Assets Limited, £7,000 owing to J&R Assets (2) Limited and £108,992 owing to J&R Holdings Limited. The above loans are interest free.” — page 28
“£68,000 of donated income for the year came from Debmar Benevolent Trust and £150,000 from J&R Holdings Limited. Included in other debtors is £94,500 owed by The Jayrose Charitable Trust. Included in other creditors is £23,944 owing to J&R Assets Limited, £7,000 owing to J&R Assets (2) Limited and £108,992 owing to J&R Holdings Limited. The above loans are interest free.” — page 28
“£68,000 of donated income for the year came from Debmar Benevolent Trust and £150,000 from J&R Holdings Limited. Included in other debtors is £94,500 owed by The Jayrose Charitable Trust. Included in other creditors is £23,944 owing to J&R Assets Limited, £7,000 owing to J&R Assets (2) Limited and £108,992 owing to J&R Holdings Limited. The above loans are interest free.” — page 28
“£68,000 of donated income for the year came from Debmar Benevolent Trust and £150,000 from J&R Holdings Limited. Included in other debtors is £94,500 owed by The Jayrose Charitable Trust. Included in other creditors is £23,944 owing to J&R Assets Limited, £7,000 owing to J&R Assets (2) Limited and £108,992 owing to J&R Holdings Limited. The above loans are interest free.” — page 28
“£68,000 of donated income for the year came from Debmar Benevolent Trust and £150,000 from J&R Holdings Limited. Included in other debtors is £94,500 owed by The Jayrose Charitable Trust. Included in other creditors is £23,944 owing to J&R Assets Limited, £7,000 owing to J&R Assets (2) Limited and £108,992 owing to J&R Holdings Limited. The above loans are interest free.” — page 28
“£68,000 of donated income for the year came from Debmar Benevolent Trust and £150,000 from J&R Holdings Limited. Included in other debtors is £94,500 owed by The Jayrose Charitable Trust. Included in other creditors is £23,944 owing to J&R Assets Limited, £7,000 owing to J&R Assets (2) Limited and £108,992 owing to J&R Holdings Limited. The above loans are interest free.” — page 28
“The charity has a 100% owned subsidiary called Colmac Assets Limited, which has a 1% holding in various commercial investment properties held by the charity.” — page 18
Structured financials (annual return, FY ending 30/11/2024)
Trustees
- ROSALIND HALPERNchair
- JACOB HALPERN
- abraham halpern
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/11/2025 | £490k | £510k |
| 30/11/2024 | £1.1m | £1.8m |
| 30/11/2023 | £1.5m | £1.4m |
| 30/11/2022 | £1.3m | £1.2m |
| 30/11/2021 | £1.7m | £1.2m |
Common questions
Is MW (RH) FOUNDATION financially healthy?
Per its FY2024 accounts: The charity reported a net expenditure of £400,354 for the year, resulting in a decrease in total unrestricted funds from £7,667,796 to £7,267,442. Free reserves, defined by the trustees as net current assets, stood at £1,181,731, which the trustees consider an acceptable level given the nature of revenue receipts against grants payable. The auditor confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified. Its FY2024 accounts were audited by Haffner Hoff Auditors Ltd.
Who funds MW (RH) FOUNDATION?
Funders whose own accounts filings name MW (RH) FOUNDATION as a grant recipient include DEBMAR BENEVOLENT TRUST LIMITED.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| DEBMAR BENEVOLENT TRUST LIMITED | FY2023 | £359k | |
| DEBMAR BENEVOLENT TRUST LIMITED | FY2022 | £147k | |
| DEBMAR BENEVOLENT TRUST LIMITED | FY2025 | £106k | |
| DEBMAR BENEVOLENT TRUST LIMITED | FY2024 | £65k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE FOOTBALL FOUNDATION | 1 | £1.6m |
| BEIS MENACHEM CHABAD LUBAVITCH | 1 | £183k |
| RNH SYNAGOGUE & COLLEGE LTD | 1 | £75k |
| YESHIVAS LUBAVITCH MANCHESTER | 1 | £20k |
| LIVING WELL UK | 1 | £14k |
| THE ALBERT GUBAY CHARITABLE FOUNDATION | 1 | £12k |
| THE PENNIES FOUNDATION | 1 | £7k |
| THE PWC FOUNDATION | 1 | £5k |
Charities like this
- MW (GK) FOUNDATION
- YAD VEACHISOMOCH L'CHAIM
- MW (HO) FOUNDATION
- MW (CL) FOUNDATION
- THE REISNER CHARITABLE FOUNDATION LTD
- BNJC
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| MW (RH) FOUNDATION | £490k | — | 0 | unclear | — | no doubt |
| MW (GK) FOUNDATION | £261k | Under £60,000 | 0 | unclear | — | no doubt |
| YAD VEACHISOMOCH L'CHAIM | £834k | — | 0 | unclear | — | no doubt |
| MW (HO) FOUNDATION | £207k | — | 0 | unclear | — | no doubt |
| MW (CL) FOUNDATION | £350k | — | 0 | unclear | — | no doubt |
| THE REISNER CHARITABLE FOUNDATION LTD | £175k | — | 0 | unclear | — | no doubt |