THE FINCHLEY CHARITIES
Financial health, per its FY2025 accounts
The accounts state that the charity reported a surplus for the year of £122,131, driven by a significant gain on the disposal of investments. Free reserves were reported at £1,155,355, which the trustees consider adequate to meet their policy target of maintaining three to six months of expenditure. The charity continues to invest heavily in property maintenance, resulting in a housing activity deficit, but maintains high occupancy rates and strong investment performance.
What the accounts disclose
“The Trustees aim to maintain the free reserves at a level of 3-6 months of expenditure.” — page 7
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Richard Merrinchair
- Chinyere Ugwu
- Daniel Jaffe
- David Bowen
- Helen Gordon
- John Welch
- Jules Bickers
- Leila Satar
- Nigel Benjamin
- REV PHILIP DAVISON
- Rabbi DANIEL RICH
- Susanna Morales
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £2.4m | £2.4m |
| 31/03/2024 | £2.3m | £2.0m |
| 31/03/2023 | £2.1m | £2.1m |
| 31/03/2022 | £2.5m | £2.1m |
| 31/12/2020 | £2.0m | £1.7m |
Common questions
Is THE FINCHLEY CHARITIES financially healthy?
The accounts state that the charity reported a surplus for the year of £122,131, driven by a significant gain on the disposal of investments. Free reserves were reported at £1,155,355, which the trustees consider adequate to meet their policy target of maintaining three to six months of expenditure. The charity continues to invest heavily in property maintenance, resulting in a housing activity deficit, but maintains high occupancy rates and strong investment performance. Its FY2025 accounts were audited by Brindley Millen Ltd.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| ESTATE CHARITY OF WILLIAM HATCLIFFE | 1 | £1.1m |