KMB ESTATES
Financial health, per its FY2023 accounts
The accounts state that the charity holds unrestricted funds of £3,252,870, with free reserves of £349,774. However, the entity reports a deficiency in net current assets of £328,630 and relies on an assurance from a primary creditor (a connected company) that loans will not be demanded for repayment to maintain going concern status.
What the accounts disclose
“It is the policy of the Charitable Company to maintain unrestricted funds, which include the free reserves of the charity, at a level which the trustees consider appropriate, taking into account the future commitments of the charity and the likely costs of the charity for the next year.” — page 5
“Notwithstanding the company's deficiency in net current assets, the financial statements have been prepared in accordance with the accounting principles appropriate to a going concern, as the director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future by meeting its liabilities as they fall due. This is on the basis that the Company has received an assurance from the primary creditor, that the amount owed to it will not be called for repayment until the company is in a position to make such a repayment without detriment to its ongoing activities.”
Trustees
- SHULEM BERGERchair
- DINAH BERGER
- JOEL BERGER
- SIMA STEIN
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £437k | £464k |
| 31/03/2024 | £393k | £326k |
| 31/03/2023 | £194k | £135k |
| 31/03/2022 | £176k | £78k |
| 31/03/2021 | £172k | £140k |
Common questions
Is KMB ESTATES financially healthy?
The accounts state that the charity holds unrestricted funds of £3,252,870, with free reserves of £349,774. However, the entity reports a deficiency in net current assets of £328,630 and relies on an assurance from a primary creditor (a connected company) that loans will not be demanded for repayment to maintain going concern status. Its FY2023 accounts were independently examined.
Who funds KMB ESTATES?
Funders whose own accounts filings name KMB ESTATES as a grant recipient include CLASSQUOTE LIMITED.
Shared trustees with funders
- DINAH BERGER — trustee here and at CLASSQUOTE LIMITED
- SHULEM BERGER — trustee here and at CLASSQUOTE LIMITED
Known funders
| Funder | Year | Amount |
|---|---|---|
| CLASSQUOTE LIMITED | FY2023 | £18k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| ASHKELON FOUNDATION | 1 | £438k |
| COL-RENO LIMITED | 1 | £53k |
| ANEINU LIMITED | 1 | £36k |
| C E K STERN CHARITABLE TRUST | 1 | £35k |
| NES FOUNDATION LTD | 1 | £33k |
| PENINIM CHARITY TRUST | 1 | £26k |
| SABENO LIMITED | 1 | £10k |
| BORBAT LIMITED | 1 | £8k |