FRIENDS OF WMSBG-KOLEL DAMESEK ELIEZER
The objects of the charity (the objects) are:advancement of educationthe prevention or relief of povertypromotion of the Orthodox Jewish religion iany other purpose currently recognised as charitable by analogy to, or within the spirit of, purposes of the above mentioned or any other purpose recognised as charitable under the law of England and Wales.
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves decreased from £1,116,432 to £921,526 due to charitable expenditures exceeding incoming resources. The charity holds significant investment property valued at £1,333,334 and carries a long-term bank loan of £666,667. The trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“It is the policy of the charity to maintain unrestricted funds, which are the free reserves of the charity, at a level which the trustees think appropriate after considering the future commitments of the charity and the likely administrative costs of the charity for the next year.” — page 6
“The charity's investment property is held by Alexander Swansea Limited which acts as bare trustee for Friends of WMSBG - Kolel Damesek Elieer and two other charities.” — page 6
Structured financials (annual return, FY ending 31/01/2023)
Trustees
- JACOB SCHREIBER
- JOEL KESTENBAUM
- Rivka NIEDERMAN
- SARAH ROSENFELD
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/01/2025 | £414k | £609k |
| 31/01/2024 | £388k | £980k |
| 31/01/2023 | £730k | £522k |
| 31/01/2022 | £439k | £232k |
| 31/01/2021 | £588k | £201k |
Common questions
Is FRIENDS OF WMSBG-KOLEL DAMESEK ELIEZER financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves decreased from £1,116,432 to £921,526 due to charitable expenditures exceeding incoming resources. The charity holds significant investment property valued at £1,333,334 and carries a long-term bank loan of £666,667. The trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| GILMOOR BENEVOLENT FUND LIMITED | 3 | £288k |
| UNITED TALMUDICAL ASSOCIATES LTD | 2 | £920k |
| SF FOUNDATION | 2 | £393k |
| CML - CHEVRAS MO'OZ LADOL | 2 | £351k |
| ZICHRON MEIR LIMITED | 2 | £120k |
| GOLDHEART CHARITY LIMITED | 2 | £40k |
| EZER VIZNITZ FOUNDATION | 1 | £2.7m |
| DOVER SHOLEM COMMUNITY TRUST | 1 | £822k |
Charities like this
- HEICHALEI HAKODESH CENTRE MACHNOVKE BELZ
- KOLLEL AND CO LIMITED
- KEREN EZRA MIMTZIKA
- BEREST CHARITIES
- THE ELSTREE SHTIEBEL TRUST
- EZER VESAAD TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| FRIENDS OF WMSBG-KOLEL DAMESEK ELIEZER | £414k | — | 0 | unclear | — | no doubt |
| HEICHALEI HAKODESH CENTRE MACHNOVKE BELZ | £973k | — | 0 | unclear | — | no doubt |
| KOLLEL AND CO LIMITED | £1.4m | — | 0 | above | — | noted |
| KEREN EZRA MIMTZIKA | £548k | — | 0 | unclear | — | no doubt |
| BEREST CHARITIES | £214k | — | 0 | above | — | no doubt |
| THE ELSTREE SHTIEBEL TRUST | £347k | — | 0 | within | — | no doubt |