FUNDD
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves stood at £671,809, an increase from £442,213 in the prior year, following a net income of £229,595. The trustees consider the financial performance satisfactory and are satisfied that assets are adequate to fulfill obligations. However, the going concern basis is explicitly dependent on the future flow of uncertain funding streams from grant aid and voluntary donations.
What the accounts disclose
“The trustees intend to maintain a high level of distributions from income but also intend to retain reserves for unforeseen contingencies.” — page 8
“The charitable activities are entirely dependent on continuing grant aid and voluntary donations . As a consequence, the going concern basis is dependent on the future flow of these uncertain funding streams.” — page 21
“The Charity has lent Fundd Group Limited, an associated company, monies, to assist it with development of Charity collection hardware and software for the benefit of the Charity. The balance at the year end was £205,719” — page 23
“The Charity has lent Fundd Group Limited, an associated company, monies” — page 23
Structured financials (annual return, FY ending 31/01/2025)
Trustees
- Nosson Bamberger
- Yakov Hochhauser
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/01/2025 | £5.0m | £4.7m |
| 31/01/2024 | £2.7m | £2.3m |
| 31/01/2023 | £990k | £942k |
Common questions
Is FUNDD financially healthy?
The accounts state that unrestricted reserves stood at £671,809, an increase from £442,213 in the prior year, following a net income of £229,595. The trustees consider the financial performance satisfactory and are satisfied that assets are adequate to fulfill obligations. However, the going concern basis is explicitly dependent on the future flow of uncertain funding streams from grant aid and voluntary donations. Its FY2025 accounts were audited by B Olsberg & Co.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE UNION OF ORTHODOX HEBREW CONGREGATIONS | 3 | £36k |
| NES FOUNDATION LTD | 2 | £96k |
| YAD SHLOMO TRUST | 2 | £71k |
| MOISHE AND ESTHER ITZINGER FOUNDATION LIMITED | 2 | £10k |
| UNITED TALMUDICAL ASSOCIATES LTD | 1 | £357k |
| MOUNDFIELD CHARITIES LIMITED | 1 | £139k |
| FOUNTAIN OF CHESSED LIMITED | 1 | £95k |
| SF FOUNDATION | 1 | £65k |