NEFESH HATORAH
Nefesh HaTorah provides to the Edgware and wider community a synagogue for Orthodox Jewish worship and educational classes and lectures led by the Rabbi or other community members. Cross-community social events are held promoting the continuity and understanding of traditional Jewish culture. Nefesh HaTorah also seeks to support (financially and otherwise) those members of the community in need.
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves stood at £49,196 at year-end, which the trustees consider to be within their stated policy target of three to six months of expenditure. The charity reported a net income surplus of £21,862 for the year, having received £93,131 in donations against charitable expenditure of £71,782.
What the accounts disclose
“It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month’s expenditure.” — page 4
Trustees
- Daniel Sandground
- Dr David Spitzer
- Shmuel Yair Portnoy
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £94k | £72k |
| 31/12/2023 | £79k | £72k |
| 31/12/2022 | £59k | £66k |
| 31/12/2021 | £40k | £58k |
| 31/12/2020 | £75k | £53k |
Common questions
Is NEFESH HATORAH financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted reserves stood at £49,196 at year-end, which the trustees consider to be within their stated policy target of three to six months of expenditure. The charity reported a net income surplus of £21,862 for the year, having received £93,131 in donations against charitable expenditure of £71,782. Its FY2024 accounts were independently examined.