THE INITIATION SOCIETY
To promote advancement of the Jewish religion by facilitating the initiation of male Jewish children into the Covenant of Abraham
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net incoming resource of £125,223 for the year ended 31 December 2024, resulting in total funds carried forward of £74,387. The trustees confirmed that the financial statements were prepared on a going concern basis, with no material uncertainties identified regarding the charity's ability to continue its activities.
What the accounts disclose
“At the reporting date, the amount owed by the Society to one of its Trustees, Dr S G Springer and Mrs S Springer in respect of an unsecured interest-free loan was £25,000 (2023: £25,000). This loan was repaid in full subsequent to the year end.” — page 12
Trustees
- Dr Joseph Spitzer
- Dr Sholaum Gerson Springer
- JONATHAN ROBERT WEINSTEIN
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £273k | £148k |
| 31/12/2023 | £158k | £155k |
| 31/12/2022 | £74k | £73k |
| 31/12/2021 | £39k | £83k |
| 31/12/2020 | £59k | £83k |
Common questions
Is THE INITIATION SOCIETY financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net incoming resource of £125,223 for the year ended 31 December 2024, resulting in total funds carried forward of £74,387. The trustees confirmed that the financial statements were prepared on a going concern basis, with no material uncertainties identified regarding the charity's ability to continue its activities. Its FY2024 accounts were independently examined.
Who funds THE INITIATION SOCIETY?
Funders whose own accounts filings name THE INITIATION SOCIETY as a grant recipient include THE MAURICE WOHL CHARITABLE FOUNDATION, FEDERATION OF SYNAGOGUES, YESHURUN HEBREW CONGREGATION.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE MAURICE WOHL CHARITABLE FOUNDATION | FY2023 | £109k | Jewish Community |
| THE MAURICE WOHL CHARITABLE FOUNDATION | FY2022 | £75k | Jewish Community |
| THE MAURICE WOHL CHARITABLE FOUNDATION | FY2021 | £20k | Jewish Community |
| FEDERATION OF SYNAGOGUES | FY2021 | £4k | |
| YESHURUN HEBREW CONGREGATION | FY2022 | £150 | |
| YESHURUN HEBREW CONGREGATION | FY2023 | £120 | |
| YESHURUN HEBREW CONGREGATION | FY2024 | £120 | |
| FEDERATION OF SYNAGOGUES | FY2022 | £0 | |
| FEDERATION OF SYNAGOGUES | FY2023 | £0 |