FRIENDS OF GALANTA
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net expenditure of £27,100 for the year, resulting in a decrease in unrestricted reserves from £41,792 to £14,692. The trustees consider the current balance of free reserves to be an acceptable level given the nature of revenue receipts against grants payable. The filing confirms there are no material uncertainties regarding the charity's ability to continue operating.
What the accounts disclose
“No employee received employee benefits of more than £60,000 during the year (2023: Nil).” — page 14
Structured financials (annual return, FY ending 31/05/2025)
Trustees
- GEDALIA KLYNE
- JACQUE GROSSMANN
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/05/2025 | £727k | £672k |
| 31/05/2024 | £856k | £883k |
| 31/05/2023 | £811k | £802k |
| 31/05/2022 | £755k | £734k |
| 31/05/2021 | £566k | £565k |
Common questions
Is FRIENDS OF GALANTA financially healthy?
The accounts state that the charity reported a net expenditure of £27,100 for the year, resulting in a decrease in unrestricted reserves from £41,792 to £14,692. The trustees consider the current balance of free reserves to be an acceptable level given the nature of revenue receipts against grants payable. The filing confirms there are no material uncertainties regarding the charity's ability to continue operating. Its FY2024 accounts were independently examined.
What does the highest-paid employee of FRIENDS OF GALANTA earn?
Per its FY2024 accounts, the highest-paid employee was in the Under £60,000 band.
Who funds FRIENDS OF GALANTA?
Funders whose own accounts filings name FRIENDS OF GALANTA as a grant recipient include HEICHAL HATORAH FOUNDATION, ACHISOMOCH AID COMPANY LIMITED, CHASDEI YITZOK CHARITIES LIMITED, MW (GK) FOUNDATION, THE LAUFFER FAMILY CHARITABLE TRUST.
Known funders
| Funder | Year | Amount |
|---|---|---|
| HEICHAL HATORAH FOUNDATION | FY2024 | £350k |
| ACHISOMOCH AID COMPANY LIMITED | FY2025 | £227k |
| ACHISOMOCH AID COMPANY LIMITED | FY2022 | £217k |
| ACHISOMOCH AID COMPANY LIMITED | FY2024 | £214k |
| CHASDEI YITZOK CHARITIES LIMITED | FY2025 | £42k |
| CHASDEI YITZOK CHARITIES LIMITED | FY2024 | £32k |
| MW (GK) FOUNDATION | FY2023 | £15k |
| MW (GK) FOUNDATION | FY2024 | £13k |
| MW (GK) FOUNDATION | FY2022 | £11k |
| THE LAUFFER FAMILY CHARITABLE TRUST | FY2024 | £11k |
| KKMG | FY2023 | £10k |
| R S CHARITABLE TRUST | FY2025 | £9k |
| R S CHARITABLE TRUST | FY2023 | £9k |
| THE SALO BORDON CHARITABLE TRUST | FY2023 | £6k |
| ACHIM CHARITY | FY2024 | £5k |
| PARKLAKE CHARITY TRUST | FY2025 | £5k |
| HEICHAL HATORAH FOUNDATION | FY2023 | £4k |
| THE LAUFFER FAMILY CHARITABLE TRUST | FY2023 | £4k |
| THE SALO BORDON CHARITABLE TRUST | FY2024 | £4k |
| ACHIM CHARITY | FY2023 | £3k |
| MW (GK) FOUNDATION | FY2021 | £0 |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| BETTENHURST CHARITY LIMITED | 2 | £0 |
| KOLLEL AND CO LIMITED | 1 | £500k |
| GILMOOR BENEVOLENT FUND LIMITED | 1 | £380k |
| NASOD CHARITABLE TRUST | 1 | £290k |
| YESHIVAS BEIS DOVID | 1 | £208k |
| BEIS MENACHEM CHABAD LUBAVITCH | 1 | £102k |
| STARLOW CHARITIES LIMITED | 1 | £70k |
| CHASEHAWK LIMITED | 1 | £65k |