MERCAZ CHASIDEI WIZNITZ TRUST
Financial health, per its FY2024 accounts
The accounts state that the charity ended the year with a net deficit of £573, having received £1,417,384 in income and spent £1,408,017. The trustees note that actual free reserves were a deficit, significantly below their stated policy target of approximately £234,000, although they operate with a policy of distributing most income as it arises rather than holding large reserves.
What the accounts disclose
“Actual free reserves at the period end were a deficit of £573” — page 4
“We do not express an opinion on the financial statements of the company. Because of the significance of the matters described in the Basis for Disclaimer of Opinion section of our report, we have not been able to obtain sufficient appropriate audit evidence to provide a basis for an audit opinion on these financial statements.” — page 7
“We do not express an opinion on the financial statements of the company. Because of the significance of the matters described in the Basis for Disclaimer of Opinion section of our report, we have not been able to obtain sufficient appropriate audit evidence to provide a basis for an audit opinion on these financial statements.” — page 7
Structured financials (annual return, FY ending 30/09/2024)
Trustees
- Efraim Gottesfeldchair
- Menachem Mendel Finklshtein
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/09/2025 | — | — |
| 30/09/2024 | £1.4m | £1.4m |
| 30/09/2023 | £970k | £1.0m |
| 30/09/2022 | £2.0m | £1.8m |
| 31/07/2021 | £993k | £992k |
Common questions
Is MERCAZ CHASIDEI WIZNITZ TRUST financially healthy?
The accounts state that the charity ended the year with a net deficit of £573, having received £1,417,384 in income and spent £1,408,017. The trustees note that actual free reserves were a deficit, significantly below their stated policy target of approximately £234,000, although they operate with a policy of distributing most income as it arises rather than holding large reserves. Its FY2024 accounts were audited by Xeinadin Audit Limited.
Who funds MERCAZ CHASIDEI WIZNITZ TRUST?
Funders whose own accounts filings name MERCAZ CHASIDEI WIZNITZ TRUST as a grant recipient include JEG TRUST LIMITED, AMABRILL LTD, LPW LIMITED, KEHAL CHASIDEI WIZNITZ LIMITED, WOODLANDS GREEN LTD.
Known funders
| Funder | Year | Amount |
|---|---|---|
| JEG TRUST LIMITED | FY2024 | £100k |
| AMABRILL LTD | FY2025 | £60k |
| JEG TRUST LIMITED | FY2023 | £38k |
| LPW LIMITED | FY2024 | £36k |
| KEHAL CHASIDEI WIZNITZ LIMITED | FY2024 | £17k |
| WOODLANDS GREEN LTD | FY2024 | £12k |
| THE BENZI DUNNER SCHOOLS TRUST | FY2025 | £11k |
| SABENO LIMITED | FY2023 | £10k |
| SABENO LIMITED | FY2022 | £10k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| SF FOUNDATION | 3 | £327k |
| CMZ LTD | 2 | £1.6m |
| TAGMARSH CHARITY LIMITED | 2 | £711k |
| THE WINEBURG FOUNDATION | 2 | £241k |
| BEROSA CHARITY LIMITED | 2 | £123k |
| UOHC FOUNDATION LTD | 2 | £42k |
| ELPOLD CHARITIES LIMITED | 2 | £40k |
| THE UNION OF ORTHODOX HEBREW CONGREGATIONS | 2 | £33k |