FOUNTAIN OF CHESSED LIMITED
Latest income
£390k
Latest spending
£672k
Registered
2010
Accounts read
FY2025
Financial health, per its FY2025 accounts
The accounts state that the charity holds negative unrestricted reserves of £916,413 and relies on continued financial support from creditors to remain a going concern. The trustees acknowledge the negative reserves and are actively considering steps to generate surpluses in the future.
What the accounts disclose
Reserves position: below the charity's own stated reserves policy
“As at 31 March 2025 the charity had negative reserves.” — page 4
Per its FY2025 accounts as filed with the Charity Commission.
Going concern: noted by the trustees or auditor
“The validity of this assumption depends upon the continued financial support from the charity's loan creditors.”
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Loans due to companies with common directors
“Included in creditors is £2,485,637 due to companies with common directors. All loans are interest fee and repayable on demand.” — page 15
“Included in the financial statements are charitable donations totalling £320,600 received from related companies and charities.” — page 15
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Donations received from related companies and charities
“Included in creditors is £2,485,637 due to companies with common directors. All loans are interest fee and repayable on demand.” — page 15
“Included in the financial statements are charitable donations totalling £320,600 received from related companies and charities.” — page 15
Per its FY2025 accounts as filed with the Charity Commission.
Structured financials (annual return, FY ending 31/03/2024)
Total income
£730k
Total spending
£975k
Cost of raising funds
£27k
Reserves (reported)
£0
Employees
0
Trustees
- JACOB OESTREICHER
- JACOB OESTREICHER
- JACOB OESTREICHER
- MIRIAM OESTREICHER
- PINCHAS OESTREICHER
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £390k | £672k |
| 31/03/2024 | £730k | £975k |
| 31/03/2023 | £612k | £1.3m |
| 31/03/2022 | £1.1m | £984k |
| 31/03/2021 | £676k | £917k |
Common questions
Is FOUNTAIN OF CHESSED LIMITED financially healthy?
The accounts state that the charity holds negative unrestricted reserves of £916,413 and relies on continued financial support from creditors to remain a going concern. The trustees acknowledge the negative reserves and are actively considering steps to generate surpluses in the future. Its FY2025 accounts were independently examined.
Who funds FOUNTAIN OF CHESSED LIMITED?
Funders whose own accounts filings name FOUNTAIN OF CHESSED LIMITED as a grant recipient include HURDALE CHARITY LIMITED.
Shared trustees with funders
- JACOB OESTREICHER — trustee here and at HURDALE CHARITY LIMITED
Known funders
| Funder | Year | Amount |
|---|---|---|
| HURDALE CHARITY LIMITED | FY2023 | £165k |
| HURDALE CHARITY LIMITED | FY2024 | £50k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| SHAAREI RACHAMIM LIMITED | 2 | £15k |
| RONTADES LIMITED | 1 | £300k |
| UNITED TALMUDICAL ASSOCIATES LTD | 1 | £51k |
| KYL CENTRAL SHUL TRUST | 1 | £45k |
| JAY EDUCATION TRUST | 1 | £21k |
| STARVIEW CHARITY | 1 | £17k |
| HAROFEH DONATIONS LIMITED | 1 | £15k |
| GIVE US A CHANCE | 1 | £15k |