UK FRIENDS OF AHAVAS CHESED
Financial health, per its FY2024 accounts
The accounts state that free unrestricted reserves stood at £159,543, which the trustees consider an acceptable level given the charity's limited financial obligations. The charity reported a net income of £51,375 for the year, funded by £607,454 in incoming resources against £556,079 in expenditure.
What the accounts disclose
“the trustees have resolved to maintain a minimum reserve roughly equal to the net current assets of the charity.”
“Mr M Meirovitz, a trustee of the charity, is also the director of Fleexco Ltd and Grand Deals Ltd. During the year, Fleexco Ltd borrowed a further £80,000 on an interest free basis, and repaid £30,000. The balance outstanding at the year-end is £67,500. In a previous year, Grand Deals Ltd borrowed £10,571 on an interest free basis. The balance outstanding at the year-end is £10,571. In a previous year, Mr M Meirovitz borrowed a further £50,000 on an interest free basis, of which £50,000 is outstanding at the year end.” — page 15
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- BERISH DRESDNERchair
- MOSHE LINSHE
- MOSHE MEIROVITS
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £759k | £749k |
| 31/03/2024 | £607k | £556k |
| 31/03/2023 | £636k | £658k |
| 31/03/2022 | £522k | £574k |
| 31/03/2021 | £552k | £385k |
Common questions
Is UK FRIENDS OF AHAVAS CHESED financially healthy?
The accounts state that free unrestricted reserves stood at £159,543, which the trustees consider an acceptable level given the charity's limited financial obligations. The charity reported a net income of £51,375 for the year, funded by £607,454 in incoming resources against £556,079 in expenditure. Its FY2024 accounts were independently examined.
Who funds UK FRIENDS OF AHAVAS CHESED?
Funders whose own accounts filings name UK FRIENDS OF AHAVAS CHESED as a grant recipient include CHALFORDS LIMITED, BELZ FOUNDATION LTD, AHAVAS SHALOM TRUST, SONGDALE LIMITED.
Known funders
| Funder | Year | Amount |
|---|---|---|
| CHALFORDS LIMITED | FY2024 | £200k |
| BELZ FOUNDATION LTD | FY2023 | £27k |
| AHAVAS SHALOM TRUST | FY2023 | £7k |
| SONGDALE LIMITED | FY2024 | £6k |
| SONGDALE LIMITED | FY2025 | £4k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| DONATING CHARITY LIMITED | 1 | £772k |
| HOLMFIELD CHARITABLE TRUST | 1 | £181k |
| VHLT LTD | 1 | £129k |
| ELPOLD CHARITIES LIMITED | 1 | £126k |
| BEIS MENACHEM CHABAD LUBAVITCH | 1 | £102k |
| 4 CHARITY FOUNDATION | 1 | £78k |
| SF FOUNDATION | 1 | £75k |
| YANKOV CHARITABLE TRUST | 1 | £62k |