MAASEH TZEDUKEH V'CHESED
Financial health, per its FY2023 accounts
The accounts state that the charity reported a deficit of £27,347 for the year, resulting in unrestricted funds decreasing to a negative balance of £395,873. The going concern basis relies on loans from related parties, with the examiner noting that lenders have provided a letter of comfort stating no repayment is intended in the foreseeable future.
What the accounts disclose
“Given the above, the Accounts of the CIO have been prepared on a going concern basis.” — page 7
Trustees
- BARUCH DAVIDOVITS
- ESTER RUCHEL TEITELBAUM
- JOSEPH LEW
- JOSEPH TEITELBAUM
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/11/2024 | £214k | £544k |
| 30/11/2023 | £101k | £129k |
| 30/11/2022 | £118k | £153k |
| 30/11/2021 | £67k | £140k |
| 30/11/2020 | £41k | £140k |
Common questions
Is MAASEH TZEDUKEH V'CHESED financially healthy?
The accounts state that the charity reported a deficit of £27,347 for the year, resulting in unrestricted funds decreasing to a negative balance of £395,873. The going concern basis relies on loans from related parties, with the examiner noting that lenders have provided a letter of comfort stating no repayment is intended in the foreseeable future. Its FY2023 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| SF FOUNDATION | 3 | £370k |
| WATERPARK FRIENDSHIP LIMITED | 3 | £55k |
| GILMOOR BENEVOLENT FUND LIMITED | 2 | £387k |
| OLLINGHAM LIMITED | 2 | £215k |
| UNITED TALMUDICAL ASSOCIATES LTD | 2 | £201k |
| BOURNEHEIGHTS LIMITED | 2 | £187k |
| KAHAL CHASSIDIM BOBOV | 2 | £136k |
| THE MELOW CHARITABLE TRUST | 2 | £114k |