SEAEM
These grants are made in line with the stated objects of the charity and were the advancement of the Orthodox Jewish Faith, Education, Relief Of Poverty & Promotion of health.
Financial health, per its FY2024 accounts
The accounts state that the charity holds total unrestricted funds of £1,348,243, with free reserves of £223,523. However, the charity reports net current liabilities of £223,523, which the trustees attribute to interest-free loans extended by trustees that they have assured will not be called in to the detriment of the charity.
What the accounts disclose
“the trustees have resolved to maintain a minimum reserve, equating to the net current assets of the charity, as there are no formal obligations to pay out any grants.”
“The charity has net current liabilities. This is due to trustee loans extended to the charity. The trustees have given their assurance that they will not call in the loans to the detriment of the charity.” — page 7
“Mr & Mrs H Goldstein, trustees of Seaem, donated £139,700 during the year to the charity. Mr & Mrs H Goldstein, trustees of Seaem, lent various sums interest free to the charity in a previous period and the current period. They were repaid various sums during the year and the balance at the year-end owing to them on an interest free basis amounted to £301,064. Mrs C E Simmonds, trustee of Seaem, is the wife of Mr M Simmonds, trustee of The Simmonds Foundation. During the year, the charity donated £17,500 to The Simmonds Foundation.” — page 18
Year-over-year changes
- Going concern: no going-concern doubt (FY2023) → going-concern doubt noted (FY2024).
Trustees
- HARRY GOLDSTEINchair
- Aaron Levy
- CHAYA ETEL SIMMONDS
- MARSHA MIRIAM GOLDSTEIN
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £201k | £134k |
| 31/12/2023 | £143k | £104k |
| 31/12/2022 | £207k | £108k |
| 31/12/2021 | £197k | £96k |
| 31/12/2020 | £119k | £104k |
Common questions
Is SEAEM financially healthy?
Per its FY2024 accounts: The accounts state that the charity holds total unrestricted funds of £1,348,243, with free reserves of £223,523. However, the charity reports net current liabilities of £223,523, which the trustees attribute to interest-free loans extended by trustees that they have assured will not be called in to the detriment of the charity. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| KEREN ASSOCIATION LIMITED | 1 | £218k |
| TRUMROS LIMITED | 1 | £161k |
| BEAULAND LIMITED | 1 | £107k |
| THE UNION OF ORTHODOX HEBREW CONGREGATIONS | 1 | £100k |
| OLLINGHAM LIMITED | 1 | £48k |
| EMES FOUNDATION | 1 | £24k |
| GIVE US A CHANCE | 1 | £13k |
| SABENO LIMITED | 1 | £10k |
Charities like this
- BESIYATA
- DEBMAR BENEVOLENT TRUST LIMITED
- BEFORE TRUST
- M.L.T. BELZ
- YEMIN CHARITABLE TRUST LTD
- KUPAT YISMACH LEV
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| SEAEM | £201k | — | 0 | unclear | — | noted |
| BESIYATA | £129k | — | 0 | unclear | — | no doubt |
| DEBMAR BENEVOLENT TRUST LIMITED | £396k | — | 0 | within | — | no doubt |
| BEFORE TRUST | £219k | — | 0 | unclear | — | no doubt |
| M.L.T. BELZ | £477k | — | 0 | unclear | — | no doubt |
| YEMIN CHARITABLE TRUST LTD | £1.7m | — | 0 | unclear | — | no doubt |