BORBAT LIMITED
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves stood at £50,042, which is below the previous year's total of £61,240. The trustees' report indicates that the charity maintains unrestricted funds at a level they deem appropriate after considering future commitments and administrative costs. The charity received £335,000 in donations and expended £346,198 on charitable activities, resulting in a net decrease in funds for the year.
What the accounts disclose
“It is the policy of the charity to maintain unrestricted funds at a level which the trustees think appropriate after considering the future commitments of the charity and the likely administrative costs of the charity for the next year.” — page 4
“Included in the financial statements are charitable donations totalling £285,000 (2023: £371,000) received from a company with trustees in common with trustees of the charity. No other transactions with related parties were undertaken such as are required to be disclosed under FRS102.” — page 13
Trustees
- BORUCH MOISHE LOBENSTEINchair
- BATYA MIRIAM LOBENSTEIN
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/07/2025 | £345k | £310k |
| 31/07/2024 | £335k | £346k |
| 31/07/2023 | £376k | £394k |
| 31/07/2022 | £170k | £155k |
| 31/07/2021 | £165k | £98k |
Common questions
Is BORBAT LIMITED financially healthy?
The accounts state that unrestricted reserves stood at £50,042, which is below the previous year's total of £61,240. The trustees' report indicates that the charity maintains unrestricted funds at a level they deem appropriate after considering future commitments and administrative costs. The charity received £335,000 in donations and expended £346,198 on charitable activities, resulting in a net decrease in funds for the year. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| AMABRILL LTD | 1 | £636k |
| UNITED TALMUDICAL ASSOCIATES LTD | 1 | £357k |
| ACHISOMOCH AID COMPANY LIMITED | 1 | £229k |
| KEREN ASSOCIATION LIMITED | 1 | £188k |
| MOUNDFIELD CHARITIES LIMITED | 1 | £139k |
| COUNTYPIER LIMITED | 1 | £129k |
| CARLEE LTD | 1 | £50k |
| NES FOUNDATION LTD | 1 | £35k |