KARLIN LONDON
Financial health, per its FY2024 accounts
The accounts state that the charity generated a net surplus of £23,779 for the year, increasing unrestricted funds to £472,501. However, the balance sheet reveals a net current liability position of £179,127, which the trustees attribute to a deficiency in net current assets mitigated by continued community financial support. The trustees maintain that the charity has adequate resources to continue in operational existence for the foreseeable future.
What the accounts disclose
“At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future notwithstanding the deficiency in net current assets, due to the continued financial support from the community.” — page 8
Trustees
- YOSEF GLAUBERMANchair
- Jisroel Peretz Perlowitz
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £179k | £84k |
| 31/03/2024 | £104k | £80k |
| 31/03/2023 | £144k | £99k |
| 31/03/2022 | £179k | £66k |
| 31/03/2021 | £81k | £55k |
Common questions
Is KARLIN LONDON financially healthy?
The accounts state that the charity generated a net surplus of £23,779 for the year, increasing unrestricted funds to £472,501. However, the balance sheet reveals a net current liability position of £179,127, which the trustees attribute to a deficiency in net current assets mitigated by continued community financial support. The trustees maintain that the charity has adequate resources to continue in operational existence for the foreseeable future. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| OYY LUBAVITCH BOYS SCHOOL | 1 | £121k |
| YAD VEACHISOMOCH L'CHAIM | 1 | £62k |
| GOLDHEART CHARITY LIMITED | 1 | £25k |
| M AND L COHEN CHARITABLE TRUST | 1 | £19k |