CHABAD LUBAVITCH OF NOTTINGHAM
Financial health, per its FY2023 accounts
The accounts state that the charity incurred a net expenditure of £86,930, resulting in a decrease in unrestricted funds from £403,150 to £316,220. The trustees report that free reserves were negative £34,549, which is below their stated policy target of approximately £60,000, and they are actively pursuing funding to ensure financial stability.
What the accounts disclose
“The trustees consider that the ideal level of reserves as at 31 October 2023 would be three months of resources expended which is approximately £60,000.” — page 6
Year-over-year changes
- Going concern: going-concern doubt noted (FY2022) → no going-concern doubt (FY2023).
Trustees
- RABBI YEREMI ANTONY JAMES ANGYALFI
- Shmuel Pink
- sara klyne
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/10/2024 | £270k | £243k |
| 31/10/2023 | £165k | £252k |
| 31/10/2022 | £359k | £245k |
| 31/10/2021 | £290k | £194k |
| 31/10/2020 | £202k | £164k |
Common questions
Is CHABAD LUBAVITCH OF NOTTINGHAM financially healthy?
The accounts state that the charity incurred a net expenditure of £86,930, resulting in a decrease in unrestricted funds from £403,150 to £316,220. The trustees report that free reserves were negative £34,549, which is below their stated policy target of approximately £60,000, and they are actively pursuing funding to ensure financial stability. Its FY2023 accounts were independently examined.
Who funds CHABAD LUBAVITCH OF NOTTINGHAM?
Funders whose own accounts filings name CHABAD LUBAVITCH OF NOTTINGHAM as a grant recipient include Chabad Belgravia, THE JORDAN MAX GOODMAN CHARITABLE TRUST.
Known funders
| Funder | Year | Amount |
|---|---|---|
| Chabad Belgravia | FY2024 | £15k |
| THE JORDAN MAX GOODMAN CHARITABLE TRUST | FY2023 | £500 |
| THE JORDAN MAX GOODMAN CHARITABLE TRUST | FY2024 | £480 |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| M AND L COHEN CHARITABLE TRUST | 2 | £72k |
| THE SECOND JOSEPH AARON LITTMAN FOUNDATION | 1 | £53k |
| THE BLOOM FOUNDATION | 1 | £50k |
| GRAFF FOUNDATION | 1 | £45k |
| PENINIM CHARITY TRUST | 1 | £36k |
| THE HENDON FAMILIES SYNAGOGUE LIMITED | 1 | £30k |
| THE DR BENJAMIN ANGEL FOUNDATION | 1 | £29k |
| THE D C TRUST | 1 | £19k |