THE SACHS FOUNDATION
Financial health, per its FY2025 accounts
The accounts state that the charity held free reserves of £26,644 as of 23 January 2025, a decrease from £220,504 in the prior year. The trustees do not consider it necessary to maintain significant free reserves given the availability of the expendable endowment fund. Total resources expended were £600,007, primarily comprising grants to charitable organisations.
What the accounts disclose
“Given the availability of the expendable endowment fund the trustees do not consider that the charity needs to maintain any significant free reserves although they recognise that such reserves will arise from time to time.” — page 4
“During the year under review Ludlow Trust Company Limited charged the charity £23,970 (2024: £26,896) for administrative services with £1,487 (2024: £1,528) accrued at the balance sheet date.” — page 15
Structured financials (annual return, FY ending 23/01/2024)
Trustees
- Paul Anthony Sachschair
- BEVERLEY JANE SACHS
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 23/01/2025 | £382k | £600k |
| 23/01/2024 | £563k | £431k |
| 23/01/2023 | £76k | £358k |
| 23/01/2022 | £235k | £220k |
| 23/01/2021 | £451k | £453k |
Common questions
Is THE SACHS FOUNDATION financially healthy?
The accounts state that the charity held free reserves of £26,644 as of 23 January 2025, a decrease from £220,504 in the prior year. The trustees do not consider it necessary to maintain significant free reserves given the availability of the expendable endowment fund. Total resources expended were £600,007, primarily comprising grants to charitable organisations. Its FY2025 accounts were audited by Blue Spire Limited.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| DEBMAR BENEVOLENT TRUST LIMITED | 1 | £190k |
| BEIS MENACHEM CHABAD LUBAVITCH | 1 | £102k |
| RNH SYNAGOGUE & COLLEGE LTD | 1 | £75k |
| YESHIVAS LUBAVITCH MANCHESTER | 1 | £20k |