THE EIGHTEEN FUND
Financial health, per its FY2023 accounts
The accounts state that total unrestricted funds increased to £178,998, up from £140,091 in the previous year, driven by incoming resources of £253,794 against charitable expenditure of £214,887. The charity holds current assets of £179,358 against current liabilities of £360, indicating adequate resources to meet short-term obligations. The independent examiner confirmed that no matters came to their attention giving cause to believe the accounts were materially misstated.
What the accounts disclose
Trustees
- ANDREW RASHBASSchair
- Elie Rashbass
- JACQUELINE RASHBASS
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £236k | £331k |
| 31/03/2024 | £200k | £234k |
| 31/03/2023 | £254k | £215k |
| 31/03/2022 | £209k | £173k |
| 31/03/2021 | £250k | £160k |
Common questions
Is THE EIGHTEEN FUND financially healthy?
The accounts state that total unrestricted funds increased to £178,998, up from £140,091 in the previous year, driven by incoming resources of £253,794 against charitable expenditure of £214,887. The charity holds current assets of £179,358 against current liabilities of £360, indicating adequate resources to meet short-term obligations. The independent examiner confirmed that no matters came to their attention giving cause to believe the accounts were materially misstated. Its FY2023 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| BEIS MENACHEM CHABAD LUBAVITCH | 1 | £102k |
| COL-RENO LIMITED | 1 | £53k |
| ANEINU LIMITED | 1 | £36k |
| SF FOUNDATION | 1 | £33k |
| NES FOUNDATION LTD | 1 | £33k |
| THE KNIGHTLAND FOUNDATION | 1 | £30k |
| PENINIM CHARITY TRUST | 1 | £26k |
| YESHIVAS LUBAVITCH MANCHESTER | 1 | £20k |