ME'OR EINAYIM LIMITED
Financial health, per its FY2024 accounts
The accounts state that the charity ended the year with net liabilities of £1,384, a significant decrease from the previous year's surplus of £222,126. The trustees consider this deficit to be an acceptable level of reserves given the nature of revenue receipts against grants payable and do not view it as a going concern issue. The charity's reserves policy is to keep reserves as low as possible to maximize charitable grants.
What the accounts disclose
“The trustees are satisfied that the balance of the fund is an acceptable level of reserves given the nature of revenue receipts against grants payable.” — page 5
“Mr T Dempsey and Mr I Halpern, trustees of Me'or Einayim Limited are also directors of Darchei Noam LTD. During the year, Me'or Einayim Limited awarded grants of £398,994 to Darchei Noam Ltd.” — page 16
Year-over-year changes
- Reserves position vs the charity's own policy moved from "above" (FY2023) to "below" (FY2024).
Trustees
- GUY Mechlowitz
- ISIAH HALPERN
- Joshua Yakov Rose
- TIMOTHY DEMPSEY
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £181k | £404k |
| 31/12/2023 | £225k | £900 |
| 31/12/2022 | £25k | £32k |
| 31/12/2021 | £0 | £360 |
| 31/12/2020 | £455 | £409 |
Common questions
Is ME'OR EINAYIM LIMITED financially healthy?
The accounts state that the charity ended the year with net liabilities of £1,384, a significant decrease from the previous year's surplus of £222,126. The trustees consider this deficit to be an acceptable level of reserves given the nature of revenue receipts against grants payable and do not view it as a going concern issue. The charity's reserves policy is to keep reserves as low as possible to maximize charitable grants. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE BRITISH FRIENDS OF MASAT MOSHE | 1 | £1.6m |
| ACHISOMOCH AID COMPANY LIMITED | 1 | £371k |
| UNITED TALMUDICAL ASSOCIATES LTD | 1 | £357k |
| THE CHARLES WOLFSON CHARITABLE TRUST | 1 | £232k |
| THE WIGODER FAMILY FOUNDATION | 1 | £148k |
| MOUNDFIELD CHARITIES LIMITED | 1 | £139k |
| OYY LUBAVITCH BOYS SCHOOL | 1 | £121k |
| YAD VEACHISOMOCH L'CHAIM | 1 | £62k |