YESODEY HATORAH SCHOOLS
Financial health, per its FY2023 accounts
The accounts state that the charity reported a net income increase of £287 for the year ended 31 December 2023, with total unrestricted funds carried forward of £9,239,178. However, the trustees note that free reserves were in a deficit of £1,057,514, which is significantly short of their stated policy target of twelve months of admin costs. The trustees are actively pursuing funding sources to ensure financial stability and flexibility.
What the accounts disclose
“The free reserves as at 31 December 2023 were £1,057,514 in deficit (excluding fixed assets of £10,296,693) which is significantly short of the target figure.” — page 4
“During the year the charity received rent of £120,000 (2022 - £120,000) from a connected charity, Yesodey Hatorah Girls School Limited. The rent received relates to 153 Stamford Hill, London, N16 5LG, a property owned by Yesodey Hatorah Schools. During the year the charity also received £84,000 (2022 - £106,436) for school meal expenses from the above charity. At the balance sheet date, the charity was owed £329,196 (2022 - £89,848) by Yesodey Hatorah Girls School Limited.and owed £370,795 (2022 - £350,965) to Yesodey Hatorah Primary Girls School Trust, Charities connected to the charity.” — page 23
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- YEHOSHUA HESCHEL PINTERchair
- EPHRAIM RABINOWITZ
- JEFFREY SINITSKY
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £1.7m | £1.7m |
| 31/12/2023 | £1.7m | £1.7m |
| 31/12/2022 | £1.6m | £1.7m |
| 31/12/2021 | £1.7m | £1.7m |
| 31/12/2020 | £1.8m | £1.6m |
Common questions
Is YESODEY HATORAH SCHOOLS financially healthy?
The accounts state that the charity reported a net income increase of £287 for the year ended 31 December 2023, with total unrestricted funds carried forward of £9,239,178. However, the trustees note that free reserves were in a deficit of £1,057,514, which is significantly short of their stated policy target of twelve months of admin costs. The trustees are actively pursuing funding sources to ensure financial stability and flexibility. Its FY2023 accounts were audited by Raffingers LLP.
Who funds YESODEY HATORAH SCHOOLS?
Funders whose own accounts filings name YESODEY HATORAH SCHOOLS as a grant recipient include YESHUAS CHAIM SYNAGOGUE, THE ELIEZER FOUNDATION.
Known funders
| Funder | Year | Amount |
|---|---|---|
| YESHUAS CHAIM SYNAGOGUE | FY2022 | £17k |
| THE ELIEZER FOUNDATION | FY2022 | £10k |
| YESHUAS CHAIM SYNAGOGUE | FY2023 | £3k |
| YESHUAS CHAIM SYNAGOGUE | FY2024 | £2k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| REIFER MEMORIAL LIMITED | 2 | £44k |
| THE UNION OF ORTHODOX HEBREW CONGREGATIONS | 2 | £20k |
| GILMOOR BENEVOLENT FUND LIMITED | 1 | £1.1m |
| UNITED TALMUDICAL ASSOCIATES LTD | 1 | £357k |
| BOURNEHEIGHTS LIMITED | 1 | £318k |
| NASOD CHARITABLE TRUST | 1 | £310k |
| ACHISOMOCH AID COMPANY LIMITED | 1 | £147k |
| MOUNDFIELD CHARITIES LIMITED | 1 | £139k |