Charity Accounts Intelreading the accounts so you don’t have to

MTT FOUNDATION

Registered charity 1165689 · accounts filings on the Charity Commission register · also known as Tiferes Yisroel

Provide facilities for a synagogue for prayer, religious worship and communal activities.Provide grants and donations to other charities to help relieve poverty

Causes: General Charitable Purposes · Education/training · The Prevention Or Relief Of Poverty · Religious Activities · Grant history (this charity is a funder) · Get email alerts

Latest income
£487k
Latest spending
£537k
Registered
2016
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity recorded a net deficit of £49,663 for the year ended 31 December 2024, resulting in a decrease in net assets from £1,158,112 to £1,108,449. The trustees report that the charity remains financially stable with sufficient resources to meet its obligations, despite holding £Nil in free reserves against a policy of maintaining a bank balance to meet expenses as they fall due.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: A bank balance is maintained to meet expenses as they fall due.
“The current policy of the charity is to distribute funds in furtherance of the objects of the charity. A bank balance is maintained to meet expenses as they fall due.” — page 5
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Donations received from trustees/family
“During the year, the charity received donations totalling £11,250 (2023: £3,797) from the Trustees, their family members, associated companies and charities with common trustees.” — page 21
“During the year, the charity paid grants totalling £1,000 (2023: £nil) to Yeshivas Kesser Hatorah, a charity with a common trustee.” — page 21
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Grants paid to charity with common trustee
“During the year, the charity received donations totalling £11,250 (2023: £3,797) from the Trustees, their family members, associated companies and charities with common trustees.” — page 21
“During the year, the charity paid grants totalling £1,000 (2023: £nil) to Yeshivas Kesser Hatorah, a charity with a common trustee.” — page 21
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Landau Morley LLP. Discloses 4 of 6 completeness components.

Structured financials (annual return, FY ending 31/12/2023)

Total income
£942k
Total spending
£754k
Cost of raising funds
£35k
Reserves (reported)
£0
Employees
2

Reported reserves equal ~0.0 months of spending — in the bottom quarter for charities its size (median 7.0 months; benchmarks).

Per its annual return, largest income source: Donations and legacies (90% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 3.7% of total income — above the median for charities its size (2.9%) (benchmarks).

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Barnet

Income and spending

Financial year endIncomeSpending
31/12/2024£487k£537k
31/12/2023£942k£754k
30/09/2022£323k£279k
30/09/2021£354k£257k
30/09/2020£344k£259k

Common questions

Is MTT FOUNDATION financially healthy?

Per its FY2024 accounts: The accounts state that the charity recorded a net deficit of £49,663 for the year ended 31 December 2024, resulting in a decrease in net assets from £1,158,112 to £1,108,449. The trustees report that the charity remains financially stable with sufficient resources to meet its obligations, despite holding £Nil in free reserves against a policy of maintaining a bank balance to meet expenses as they fall due. Its FY2024 accounts were audited by Landau Morley LLP.

Who funds MTT FOUNDATION?

Funders whose own accounts filings name MTT FOUNDATION as a grant recipient include ACHISOMOCH AID COMPANY LIMITED, THE ESFANDI CHARITABLE FOUNDATION, THE EXEMPLAR TRUST, CHALFORDS LIMITED, THE RABBI MOSHE & LEAH DERMER FOUNDATION.

Known funders

Grants to this charity found in funders’ own accounts filings.

FunderYearAmountPurpose (as stated by the funder)
ACHISOMOCH AID COMPANY LIMITEDFY2024£337k
THE ESFANDI CHARITABLE FOUNDATIONFY2024£130k
ACHISOMOCH AID COMPANY LIMITEDFY2023£100k
THE EXEMPLAR TRUSTFY2023£20k
CHALFORDS LIMITEDFY2022£19k
THE RABBI MOSHE & LEAH DERMER FOUNDATIONFY2025£9k
MOISHE AND ESTHER ITZINGER FOUNDATION LIMITEDFY2024£8kSocial Welfare
SABENO LIMITEDFY2022£3kReligious grant
GITTER FOUNDATION LTDFY2021£700
THE ESFANDI CHARITABLE FOUNDATIONFY2025£0

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

FunderSimilar charities fundedAmount to them
GILMOOR BENEVOLENT FUND LIMITED1£50k
BOURNEHEIGHTS LIMITED1£50k
CML - CHEVRAS MO'OZ LADOL1£40k
KEHAL CHASIDEI WIZNITZ LIMITED1£32k
BAIS RIZHIN TRUST1£23k
JEG TRUST LIMITED1£20k
THE BEAVERBROOKS CHARITABLE TRUST1£18k
CHASDEI MENASHE MEIR1£15k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with D T F LIMITED.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
MTT FOUNDATION£487k—0unclear—no doubt
D T F LIMITED FY2024£1.9m—0above—no doubt
SOUTH MANCHESTER SYNAGOGUE FY2025£587k—0unclear—no doubt
TCHERNOBEL FOUNDATION LIMITED FY2024£447k—0unclear—no doubt
BEIS TEFILLOH FY2025£222k—0unclear—no doubt
TORATH MOISHE VIZNITZ CLUB FY2024£234k—0unclear—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.