EMES FOUNDATION
Financial health, per its FY2024 accounts
The accounts state that the charity holds free unrestricted reserves of £15,871, which the trustees consider an acceptable level given the nature of revenue receipts against grants payable. The charity reports net current liabilities of £15,871 but remains on a going concern basis due to assurances from trustees that they will not call in loans to the detriment of cash flow. Total net assets stand at £464,917, supported by investment properties valued at £658,232.
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 7
“The trustees acknowledge the net current liabilities position, and are confident that the charity will be able to continue for the foreseeable future as they have obtained assurances from the trustees that the trustees that they will not call in their loans to the detriment of the cash flow of the charity.”
“Mrs H Emanuel a close relative of Mr Y Emanuel donated £6,000 to Emes Foundation during the year.” — page 21
Year-over-year changes
- Going concern: no going-concern doubt (FY2023) → going-concern doubt noted (FY2024).
Trustees
- ALAIN ILAN STERNchair
- HANNAH STERN
- SYLVIA EMANUEL
- Yona Emanuel
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £396k | £356k |
| 31/03/2024 | £252k | £290k |
| 31/03/2023 | £243k | £319k |
| 31/03/2022 | £248k | £278k |
| 31/03/2021 | £282k | £181k |
Common questions
Is EMES FOUNDATION financially healthy?
The accounts state that the charity holds free unrestricted reserves of £15,871, which the trustees consider an acceptable level given the nature of revenue receipts against grants payable. The charity reports net current liabilities of £15,871 but remains on a going concern basis due to assurances from trustees that they will not call in loans to the detriment of cash flow. Total net assets stand at £464,917, supported by investment properties valued at £658,232. Its FY2024 accounts were independently examined.
Who funds EMES FOUNDATION?
Funders whose own accounts filings name EMES FOUNDATION as a grant recipient include THE REISNER CHARITABLE FOUNDATION LTD.
Known funders
| Funder | Year | Amount |
|---|---|---|
| THE REISNER CHARITABLE FOUNDATION LTD | FY2024 | £5k |