KEEP IT UP
Promotes education by awarding scholarships, grants and allowances. Prevention and relief of poverty by providing grants and loans to individuals or institutions. Generally advancing the Jewish religion in line with the Shulchan Aruch.The Charity is based in Salford, Manchester and operates in England
Objects
1) FOR THE PUBLIC BENEFIT TO PROMOTE THE EDUCATION OF PEOPLE OF ALL AGES AROUND THE WORLD IN SUCH WAYS AS THE CHARITY TRUSTEES THINK FIT, INCLUDING AWARDING TO SUCH PERSONS SCHOLARSHIPS, MAINTENANCE ALLOWANCES OR GRANTS; OR BY GRANTS TO CHARITIES OR OTHER ORGANISATIONS WORLDWIDE THAT PROVIDE EDUCATION.2) THE PREVENTION OR RELIEF OF POVERTY OR FINANCIAL HARDSHIP ANYWHERE IN THE WORLD BY PROVIDING: GRANTS OR LOANS TO INDIVIDUALS IN NEED AND/OR CHARITIES, OR OTHER ORGANISATIONS WORKING TO PREVENT OR RELIEVE POVERTY OR FINANCIAL HARDSHIP.3) TO ADVANCE THE ORTHODOX JEWISH RELIGION WORLDWIDE FOR THE BENEFIT OF THE PUBLIC IN ACCORDANCE WITH THE PRINCIPLES OF THE CODE OF JEWISH LAW (SHULCHAN ARUCH).
Financial health, per its FY2025 accounts
The charity reported a net current liability position with free reserves of £667, which the trustees attribute to accountancy accruals rather than operational insolvency. Despite this technical deficit, the charity holds significant investment property assets valued at over £1 million and generated a net income surplus of £26,720 for the year. The trustees consider the current reserve levels acceptable given the charity's limited financial obligations and seasonal donation patterns.
What the accounts disclose
“In considering the limited financial obligations of the charity, the trustees have resolved to maintain a minimum reserve practical for donations which are seasonal.” — page 7
“Mr M Y Rose & Mrs E Ratzesdorfer, trustees of Keep It Up, lent various sums to the charity in previous years and during the year on an interest free basis. The amount due to them at the year-end amounted to £686,959 on an interest free basis.” — page 19
“The charity also owns 50% of the shares in Warrington Bridge Holdings Limited, a UK property investment company.” — page 18
Trustees
- MICHAEL YISROEL ROSEchair
- CHANA CHASIA LEVISON
- EFRAT RATZESDORFER
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £73k | £57k |
| 31/03/2024 | £77k | £45k |
| 31/03/2023 | £88k | £50k |
| 31/03/2022 | £92k | £41k |
| 31/03/2021 | £93k | £44k |
Common questions
Is KEEP IT UP financially healthy?
Per its FY2025 accounts: The charity reported a net current liability position with free reserves of £667, which the trustees attribute to accountancy accruals rather than operational insolvency. Despite this technical deficit, the charity holds significant investment property assets valued at over £1 million and generated a net income surplus of £26,720 for the year. The trustees consider the current reserve levels acceptable given the charity's limited financial obligations and seasonal donation patterns. Its FY2025 accounts were independently examined.