THE PRESTWICH FOUNDATION
Financial health, per its FY2024 accounts
The accounts state that free reserves stood at £34,457, a significant decrease from the previous year's £403,752, driven by net expenditure of £369,295. The trustees consider this balance acceptable given the charity's limited financial obligations and the nature of its revenue receipts against grants payable. The charity received £814,714 in donations and grants, of which £1,184,009 was paid out in charitable grants and support costs.
What the accounts disclose
“the trustees have resolved to maintain a minimum reserve roughly equal to the net current assets of the charity.”
“Mrs F Levenberg & Mr J Warshawsky, trustees of The Prestwich Foundation, are also trustees of Chovevei Torah Synagogue. During the year The Prestwich Foundation received £11,425 from Chovevei Torah Synagogue in donations.” — page 19
“Mrs F Levenberg, a trustee of The Prestwich Foundation donated £29,000 to the charity during the year.” — page 19
“Mrs F Levenberg & Mr J Warshawsky, trustees of The Prestwich Foundation, are also trustees of Chovevei Torah Synagogue. During the year The Prestwich Foundation received £11,425 from Chovevei Torah Synagogue in donations.” — page 19
“Mrs F Levenberg, a trustee of The Prestwich Foundation donated £29,000 to the charity during the year.” — page 19
“Mrs F Levenberg & Mr J Warshawsky, trustees of The Prestwich Foundation, are also trustees of Chovevei Torah Synagogue. During the year The Prestwich Foundation received £11,425 from Chovevei Torah Synagogue in donations.” — page 19
“Mrs F Levenberg, a trustee of The Prestwich Foundation donated £29,000 to the charity during the year.” — page 19
Structured financials (annual return, FY ending 31/08/2025)
Trustees
- Yehuda Levenbergchair
- Eli Myers
- Yaakov Friedlander
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £763k | £773k |
| 31/08/2024 | £815k | £1.2m |
| 31/08/2023 | £784k | £390k |
| 31/08/2022 | £160k | £151k |
| 31/08/2021 | £28k | £40k |
Common questions
Is THE PRESTWICH FOUNDATION financially healthy?
The accounts state that free reserves stood at £34,457, a significant decrease from the previous year's £403,752, driven by net expenditure of £369,295. The trustees consider this balance acceptable given the charity's limited financial obligations and the nature of its revenue receipts against grants payable. The charity received £814,714 in donations and grants, of which £1,184,009 was paid out in charitable grants and support costs. Its FY2024 accounts were independently examined.
Who funds THE PRESTWICH FOUNDATION?
Funders whose own accounts filings name THE PRESTWICH FOUNDATION as a grant recipient include BROOM FOUNDATION, THE B S CHARITABLE FOUNDATION, M B FOUNDATION (ALSO KNOWN AS MOSSAD HORAV MOSHE ARYEH HALEVY), THE D C TRUST, RICHMOND TRUST FUND.
Known funders
| Funder | Year | Amount |
|---|---|---|
| BROOM FOUNDATION | FY2023 | £63k |
| THE B S CHARITABLE FOUNDATION | FY2025 | £14k |
| M B FOUNDATION (ALSO KNOWN AS MOSSAD HORAV MOSHE ARYEH HALEVY) | FY2025 | £10k |
| THE D C TRUST | FY2024 | £0 |
| RICHMOND TRUST FUND | FY2023 | £0 |
| THE D C TRUST | FY2023 | — |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| RONTADES LIMITED | 1 | £300k |
| DEBMAR BENEVOLENT TRUST LIMITED | 1 | £190k |
| JEREMY ALEXANDER SETTLEMENT | 1 | £119k |
| BEIS MENACHEM CHABAD LUBAVITCH | 1 | £102k |
| YESHIVAS LUBAVITCH MANCHESTER | 1 | £20k |