FRIENDS OF GUR FOUNDATION ISRAEL
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net deficit of £48,643 for the year ended 5 April 2024, resulting in unrestricted funds moving from a surplus of £13,931 to a deficit of £34,712. Per the trustees' report, the charity is reliant on voluntary donations, which fell substantially compared to the previous year. The going concern basis is maintained due to continued financial support from creditors.
What the accounts disclose
“The financial statements have been prepared in accordance with the accounting principles appropriate to a going concern notwithstanding the deficiency in net assets at the balance sheet date. The trustees consider this to be appropriate having regard to the continued provision of financial support by the charity's creditors.” — page 9
Year-over-year changes
- Going concern: no going-concern doubt (FY2023) → going-concern doubt noted (FY2024).
Structured financials (annual return, FY ending 05/04/2025)
Trustees
- RAPHAEL AARON RECHNITZERchair
- FEIGE GOLDBERG
- Israel Piller
- PALTIEL TAUB
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £516k | £475k |
| 05/04/2024 | £357k | £406k |
| 05/04/2023 | £913k | £932k |
| 05/04/2022 | £746k | £813k |
| 05/04/2021 | £1.3m | £1.2m |
Common questions
Is FRIENDS OF GUR FOUNDATION ISRAEL financially healthy?
The accounts state that the charity reported a net deficit of £48,643 for the year ended 5 April 2024, resulting in unrestricted funds moving from a surplus of £13,931 to a deficit of £34,712. Per the trustees' report, the charity is reliant on voluntary donations, which fell substantially compared to the previous year. The going concern basis is maintained due to continued financial support from creditors. Its FY2024 accounts were independently examined.
Who funds FRIENDS OF GUR FOUNDATION ISRAEL?
Funders whose own accounts filings name FRIENDS OF GUR FOUNDATION ISRAEL as a grant recipient include MOISHE AND ESTHER ITZINGER FOUNDATION LIMITED, ITZCHOK MEYER CYMERMAN TRUST LIMITED, THE S AND Y CHARITABLE TRUST, POSSUK LIMITED.
Known funders
| Funder | Year | Amount |
|---|---|---|
| MOISHE AND ESTHER ITZINGER FOUNDATION LIMITED | FY2022 | £150k |
| ITZCHOK MEYER CYMERMAN TRUST LIMITED | FY2023 | £50k |
| ITZCHOK MEYER CYMERMAN TRUST LIMITED | FY2024 | £35k |
| THE S AND Y CHARITABLE TRUST | FY2023 | £15k |
| POSSUK LIMITED | FY2024 | £11k |
| POSSUK LIMITED | FY2023 | £9k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| STARVIEW CHARITY | 2 | £23k |
| ACHISOMOCH AID COMPANY LIMITED | 1 | £321k |
| THE JOSEPH ROWNTREE CHARITABLE TRUST | 1 | £165k |
| THE MARQUE FOUNDATION | 1 | £149k |
| FOUNTAIN OF CHESSED LIMITED | 1 | £123k |
| VENDQUOT LIMITED | 1 | £49k |
| THE GERTNER CHARITABLE TRUST | 1 | £41k |
| SONGDALE LIMITED | 1 | £34k |