STONEWHITE
During the year the Charity purchased a building to house the Etz Chaim Boys School in Salford. The independent school has a current student roll of over 200 boys aged between 11 and 16 and provides education according to the tenets of the Orthodox Jewish religion in line with the objectives of the charity.
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves stood at £1,307,992, an increase from the previous year's £1,282,491. The charity reports no material uncertainties regarding its ability to continue as a going concern. However, the trustees note that £797,500 in rent was owed by the Etz Chaim Boys School, which occupies the charity's building.
What the accounts disclose
“Included in other creditors of £3,175,254 are the following amounts lent to the Charity by the Trustees or by companies controlled by the Trustees: Mr P Corn - £25,500; Mr YC Reich £118,800; Mr D Greenblatt - £127,674.” — page 16
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/04/2025 | £169k | £143k |
| 30/04/2024 | £145k | £121k |
| 30/04/2023 | £145k | £67k |
| 30/04/2022 | £220k | £102k |
| 30/04/2021 | £270k | £120k |
Common questions
Is STONEWHITE financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves stood at £1,307,992, an increase from the previous year's £1,282,491. The charity reports no material uncertainties regarding its ability to continue as a going concern. However, the trustees note that £797,500 in rent was owed by the Etz Chaim Boys School, which occupies the charity's building. Its FY2025 accounts were independently examined.