JROOTS LIMITED
Financial health, per its FY2022 accounts
The accounts state that the charity generated a surplus of £271,516 for the year ended 31 December 2022, following a return to international programmes. Free reserves were £487,910, which the Trustees report exceeds their policy target of approximately £450,000. The auditors confirmed that the use of the going concern basis of accounting was appropriate with no material uncertainties identified.
What the accounts disclose
“The Trustees aim for the Charity to hold free reserves equal to not less than 6 months of normal running costs , approximately £450,000.” — page 7
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- MR D GOLDBERGchair
- Daniel Kay
- EDWARD MICHAEL LEE
- NEIL ZEEV SCHIFF
- PHILIP VECHT
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £4.3m | £4.4m |
| 31/12/2023 | £5.1m | £5.0m |
| 31/12/2022 | £3.1m | £2.8m |
| 31/12/2021 | £632k | £796k |
| 31/12/2020 | £1.7m | £1.4m |
Common questions
Is JROOTS LIMITED financially healthy?
The accounts state that the charity generated a surplus of £271,516 for the year ended 31 December 2022, following a return to international programmes. Free reserves were £487,910, which the Trustees report exceeds their policy target of approximately £450,000. The auditors confirmed that the use of the going concern basis of accounting was appropriate with no material uncertainties identified. Its FY2022 accounts were audited by Crowe U.K. LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE MURIEL AND GERSHON COREN CHARITABLE FOUNDATION | 2 | £70k |
| THE MILLENNIUM TRUST | 1 | £2.5m |
| THE JIGSAW NETWORK C.I.O. | 1 | £684k |
| ROTHSCHILD FOUNDATION (HANADIV) EUROPE | 1 | £180k |
| THE ARNOLD LEE CHARITABLE TRUST | 1 | £160k |
| THE BLOOM FOUNDATION | 1 | £127k |
| PHILIP KING CHARITABLE TRUST | 1 | £35k |
| THE POLONSKY FOUNDATION | 1 | £35k |