FILEY FOUNDATION LTD
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net expenditure of £23,248 for the year, resulting in a decrease in total funds from £1,235,861 to £1,212,613. The trustees consider the free reserves of £5,748 to be an acceptable level given the charity's limited financial obligations and revenue receipts. The filing confirms there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“In considering the limited financial obligations of the charity, the trustees have resolved to maintain a minimum reserve roughly equal to the net current assets of the charity.” — page 6
“Mr C Englard & Mrs R Englard, trustees of Filey Foundation Ltd, are also trustees of The Decoy Trust. During the year, Filey Foundation Ltd donated £17,960 to The Decoy Trust.” — page 21
“Mr C Englard & Mrs R Englard, trustees of Filey Foundation Ltd, are also trustees of The Decoy Trust. During the year, Decoy Trust donated £100,000 to Filey Foundation Ltd” — page 21
“Mr C Englard & Mrs R Englard, trustees of Filey Foundation Ltd, are also trustees of The Decoy Trust. During the year, Filey Foundation Ltd donated £17,960 to The Decoy Trust.” — page 21
“Mr C Englard & Mrs R Englard, trustees of Filey Foundation Ltd, are also trustees of The Decoy Trust. During the year, Decoy Trust donated £100,000 to Filey Foundation Ltd” — page 21
Trustees
- Judith Heiman
- MR C ENGLARD
- MRS R ENGLARD
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/05/2025 | £271k | £339k |
| 31/05/2024 | £348k | £371k |
| 31/05/2023 | £224k | £525k |
| 31/05/2022 | £172k | £277k |
| 31/05/2021 | £320k | £221k |
Common questions
Is FILEY FOUNDATION LTD financially healthy?
The accounts state that the charity reported a net expenditure of £23,248 for the year, resulting in a decrease in total funds from £1,235,861 to £1,212,613. The trustees consider the free reserves of £5,748 to be an acceptable level given the charity's limited financial obligations and revenue receipts. The filing confirms there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE HELPING FOUNDATION | 1 | £307k |
| YESHIVAS BEIS DOVID | 1 | £208k |
| The Gerald and Gail Ronson Family Foundation | 1 | £200k |
| DEBMAR BENEVOLENT TRUST LIMITED | 1 | £190k |
| BEIS MENACHEM CHABAD LUBAVITCH | 1 | £102k |
| RNH SYNAGOGUE & COLLEGE LTD | 1 | £75k |
| STARLOW CHARITIES LIMITED | 1 | £70k |
| MYISRAEL | 1 | £54k |