BNEI ZION COMMUNITY NURSERY
Registered charity 1135287 · accounts filings on the Charity Commission register · filing overdue (register status)
The advancement of Education and training, the relief of poverty, sickness and distress, promotion of good health and provision ofrecreational facilities in the interest of social welfare with the object of improving their conditions of life
Causes: General Charitable Purposes · Education/training · The Prevention Or Relief Of Poverty · Religious Activities · Arts/culture/heritage/science · Amateur Sport · Get email alerts
Financial health, per its FY2024 accounts
The accounts state that the charity incurred a net expenditure of £341,708 for the year ended 31 October 2024, resulting in unrestricted funds falling to a negative balance of £356,447. Per the trustees' report, the charity's reserves policy is to ensure a sufficient stream of income to meet working capital, though the current financial position shows significant liabilities exceeding assets.
Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.
What the accounts disclose
Reserves position: below the charity's own stated reserves policy (held: £-356k; policy: to ensure that there is a sufficient stream of income to meet the working capital of the school)
“The reserves policy is to ensure that there is a sufficient stream of income to meet the working capital of the school.” — page 3
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Related Party Disclosures
“During the period the charity paid rent that amounted to £153,700 (2023: £35,000) to BC Trust. The charity and BC Trust share a common trustee. As at the balance sheet date, the charity owed £389,661 to BC Trust. The charity and BC Trust share a common trustee.” — page 15
Per its FY2024 accounts as filed with the Charity Commission.
Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.
Charity Commission inquiry
The inquiry was opened following HMRC findings that 105 charities had cashed cheques worth £22 million, leading to the extension of the investigation to include 12 additional charities. The regulator has issued an immediate order to temporarily stop the charities from issuing cheques without prior consent while it investigates fund transfers and trustee oversight.
The report states the inquiry was opened following HMRC findings regarding 105 charities cashing cheques for £22 million. It details the extension to 12 new charities and the regulator's intent to investigate fund transfers and trustee oversight. No final outcome or conclusion of wrongdoing is stated.
“Following an unannounced visit by HMRC to a company in Hackney, 105 charities were found to have cashed cheques with it to a value of £22 million between December 2021 and March 2023.”
The report outlines the specific regulatory powers being used, including determining facts about fund transfers and investigating trustee oversight of financial transactions.
“Using powers available to the Commission during an inquiry, the regulator will determine the facts around how these charities have transferred funds. It will also investigate how trustees had oversight of what happened to funds exchanged for the cheques, and if this cash has been used properly to support what the charities were set up to do.”
The report confirms the issuance of an immediate order to stop charities from issuing cheques without consent, a protective measure taken during the investigation.
“The regulator has issued an immediate order to temporarily stop any of the charities under inquiry from issuing cheques without its prior consent.”
Per the Commission’s
published report. Summary is automated; the official report is authoritative.
Property (HM Land Registry)
1 registered title in England and Wales held by the charity’s company or corporate body (0 freehold). All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.
Structured financials (annual return, FY ending 31/10/2024)
Reported reserves equal ~0.1 months of spending — in the bottom quarter for charities its size (median 5.2 months; benchmarks).
Per its annual return, largest income source: Donations and legacies (100% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.
Per its annual return, cost of raising funds: 0.0% of total income — below the median for charities its size (4.9%) (benchmarks).
Trustee list from the Charity Commission register (current, not historical).
Operates in: Hackney · Haringey
Income and spending
Common questions
Is BNEI ZION COMMUNITY NURSERY financially healthy?
Per its FY2024 accounts: The accounts state that the charity incurred a net expenditure of £341,708 for the year ended 31 October 2024, resulting in unrestricted funds falling to a negative balance of £356,447. Per the trustees' report, the charity's reserves policy is to ensure a sufficient stream of income to meet working capital, though the current financial position shows significant liabilities exceeding assets. Its FY2024 accounts were independently examined.
Who funds BNEI ZION COMMUNITY NURSERY?
Funders whose own accounts filings name BNEI ZION COMMUNITY NURSERY as a grant recipient include HURDALE CHARITY LIMITED, CHASDEI MEIR.
Known funders
Grants to this charity found in funders’ own accounts filings.
Government & lottery funding
Grants to this charity published as open data by government and lottery funders (360Giving).
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.
Charities like this
Semantically similar by activities and financial character, from our analysed corpus. Compare with BNOS ZION D'BOBOV LIMITED.
Side by side with its peers
Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.