KOLLEL MISHKON YAKOV
Latest income
£478k
Latest spending
£399k
Registered
2016
Accounts read
FY2024
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net deficit of £48,069 for the year ended 31 August 2024, resulting in unrestricted funds of £(48,069). The trustees acknowledge the net current liability position but maintain going concern status due to ongoing support from the local community.
What the accounts disclose
Related-party transaction: Note 10
“Other debtors represents £125,972 (2023: £128,072) due from Kolel Belz Machnovkeh Limited of which certain of the Trustees of this charity are also Trustees of the debtor charitable company. The loan is interest free and repayable on demand. In the opinion of the Trustees the amounts are fully recoverable.” — page 15
“Included in other creditors is £130,640 (2023: £223,710) due to a company in which one of the trustees is also a director and £17,118 (2023: £17,118) is due to one of the trustees. The loans are interest free and repayable on demand.” — page 15
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Note 12
“Other debtors represents £125,972 (2023: £128,072) due from Kolel Belz Machnovkeh Limited of which certain of the Trustees of this charity are also Trustees of the debtor charitable company. The loan is interest free and repayable on demand. In the opinion of the Trustees the amounts are fully recoverable.” — page 15
“Included in other creditors is £130,640 (2023: £223,710) due to a company in which one of the trustees is also a director and £17,118 (2023: £17,118) is due to one of the trustees. The loans are interest free and repayable on demand.” — page 15
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Note 14
“Other debtors represents £125,972 (2023: £128,072) due from Kolel Belz Machnovkeh Limited of which certain of the Trustees of this charity are also Trustees of the debtor charitable company. The loan is interest free and repayable on demand. In the opinion of the Trustees the amounts are fully recoverable.” — page 15
“Included in other creditors is £130,640 (2023: £223,710) due to a company in which one of the trustees is also a director and £17,118 (2023: £17,118) is due to one of the trustees. The loans are interest free and repayable on demand.” — page 15
Per its FY2024 accounts as filed with the Charity Commission.
Charity Commission inquiry
The inquiry was opened after HMRC identified 105 charities cashing £22 million in cheques with a specific company. The Commission has extended the inquiry to include 12 additional charities and issued orders to stop cheque issuance, but has not reached any conclusions regarding wrongdoing.
“Following an unannounced visit by HMRC to a company in Hackney, 105 charities were found to have cashed cheques with it to a value of £22 million between December 2021 and March 2023.”
“Using powers available to the Commission during an inquiry, the regulator will determine the facts around how these charities have transferred funds.”
Per the Commission’s published report. Summary is automated; the official report is authoritative.
Structured financials (annual return, FY ending 31/08/2024)
Total income
£597k
Total spending
£502k
Reserves (reported)
£0
Employees
8
Trustees
- YISSOCHER DOV HERSHBERGchair
- ELOZER FELDMAN
- JOSEPH LEIB WEISS
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £478k | £399k |
| 31/08/2024 | £597k | £502k |
| 31/08/2023 | £876k | £756k |
| 31/08/2022 | £401k | £427k |
| 31/08/2021 | £431k | £474k |
Common questions
Is KOLLEL MISHKON YAKOV financially healthy?
The accounts state that the charity reported a net deficit of £48,069 for the year ended 31 August 2024, resulting in unrestricted funds of £(48,069). The trustees acknowledge the net current liability position but maintain going concern status due to ongoing support from the local community. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| UNITED TALMUDICAL ASSOCIATES LTD | 2 | £424k |
| GILMOOR BENEVOLENT FUND LIMITED | 2 | £370k |
| SF FOUNDATION | 2 | £126k |
| MOUNDFIELD CHARITIES LIMITED | 1 | £262k |
| AHAVAT YISROEL UK | 1 | £255k |
| YAD SHLOMO TRUST | 1 | £132k |
| ZOREYA TZEDOKOS | 1 | £130k |
| NASOD CHARITABLE TRUST | 1 | £130k |