FINCHLEY REFORM SYNAGOGUE

Registered charity 1137557 · accounts filings on the Charity Commission register · also known as FRS

Latest income
£2.1m
Latest spending
£1.9m
Registered
2010
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity reported a net operating deficit of £23,292 for the year ended 31 August 2024, an improvement from the prior year. To maintain its general reserves above the stated target range, the charity transferred £48,000 from a designated fund, resulting in unrestricted general reserves of £89,347. The trustees consider this level of reserves sufficient for current operations, though they aim to increase them to £140,000.

What the accounts disclose

Reserves policy: approximately one month’s operating costs (held: £89k)
we believe that a more desirable level of free reserves is £140,000, representing approximately one month’s operating costs, and we will continue to seek ways to achieve this target in the medium term. — page 16
Per its FY2024 accounts as filed with the Charity Commission.
Governance: The Synagogue Council undertakes periodic reviews of its governance arrangements with reference to the Charities Governance Code. We are fully in compliance with most areas of the Code; those where we recognise more work needs to be done are in formalising terms of reference and delegation authority for some of our groups and committees.
We are fully in compliance with most areas of the Code; those where we recognise more work needs to be done are in formalising terms of reference and delegation authority for some of our groups and committees. — page 4
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Nyman Libson Paul LLP.

Structured financials (annual return, FY ending 31/08/2025)

Total income
£2.1m
Total spending
£1.9m
Cost of raising funds
£213k
Reserves (reported)
£2.8m
Employees
53

Reported reserves equal ~18.0 months of spending — in the top quarter for charities its size (median 4.8 months; benchmarks).

Register events

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Barnet

Income and spending

Financial year endIncomeSpending
31/08/2025£2.1m£1.9m
31/08/2024£1.8m£1.8m
31/08/2023£1.9m£1.7m
31/08/2022£2.3m£1.4m
31/08/2021£2.7m£1.6m

Common questions

Is FINCHLEY REFORM SYNAGOGUE financially healthy?

The accounts state that the charity reported a net operating deficit of £23,292 for the year ended 31 August 2024, an improvement from the prior year. To maintain its general reserves above the stated target range, the charity transferred £48,000 from a designated fund, resulting in unrestricted general reserves of £89,347. The trustees consider this level of reserves sufficient for current operations, though they aim to increase them to £140,000. Its FY2024 accounts were audited by Nyman Libson Paul LLP.

Who funds FINCHLEY REFORM SYNAGOGUE?

Funders whose own accounts filings name FINCHLEY REFORM SYNAGOGUE as a grant recipient include THE CHILDREN'S AID COMMITTEE CHARITABLE FUND, THE JORDAN MAX GOODMAN CHARITABLE TRUST.

Known funders

Grants to this charity found in funders’ own accounts filings.

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 CONGREGATION SHAREI SHOLOM TCHABE LIMITED.