FEDERATION OF SYNAGOGUES
Financial health, per its FY2024 accounts
The accounts state that the group shared net assets of £29,785,932 at the year-end, with unrestricted funds totaling £27,839,429. The trustees report that the financial position was strong and that assets were sufficient to fulfill obligations and permit the charity to continue in operation in the medium term. The charity maintains a policy to keep unrestricted funds at a level providing sufficient resources for charitable commitments and administration costs.
What the accounts disclose
“At the year-end there are no free reserves (2023: £nil). This is affected by creditors due in more than one year which relate to mortgages secured on fixed assets which amount to £2,616,278” — page 7
“During the year, a company connected with one of the Trustees provided cleaning services to Kosher Foods Supervisory Services Ltd, a subsidiary of the charity. The company was paid £7,206 (2023 £3,536). There are no outstanding balances owing between related parties and the Charity at 31 December 2024.” — page 41
“The charity has two subsidiaries, Kosher Foods Supervisory Services Limited and Watford Way Investments Limited.” — page 5
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- ANDREW SELWYN COHEN FCAchair
- Alexander Tobias Gold
- Gavriel Rokach
- Gerald Joshua Frankel
- Lester Max Harris
- MOSHE WINEGARTEN
- Meir Itzinger
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £5.6m | £5.3m |
| 31/12/2023 | £5.1m | £5.1m |
| 31/12/2022 | £4.7m | £4.6m |
| 31/12/2021 | £4.6m | £4.4m |
| 31/12/2020 | £3.9m | £4.7m |
Common questions
Is FEDERATION OF SYNAGOGUES financially healthy?
The accounts state that the group shared net assets of £29,785,932 at the year-end, with unrestricted funds totaling £27,839,429. The trustees report that the financial position was strong and that assets were sufficient to fulfill obligations and permit the charity to continue in operation in the medium term. The charity maintains a policy to keep unrestricted funds at a level providing sufficient resources for charitable commitments and administration costs. Its FY2024 accounts were audited by Landau Morley LLP.
Who funds FEDERATION OF SYNAGOGUES?
Funders whose own accounts filings name FEDERATION OF SYNAGOGUES as a grant recipient include ACHISOMOCH AID COMPANY LIMITED, MOLE CHARITABLE TRUST, GIVE US A CHANCE, LYNWOOD CHARITABLE FOUNDATION, HIGHBURY QUADRANT CONGREGATIONAL CHURCH.
Known funders
| Funder | Year | Amount |
|---|---|---|
| ACHISOMOCH AID COMPANY LIMITED | FY2024 | £361k |
| ACHISOMOCH AID COMPANY LIMITED | FY2022 | £149k |
| MOLE CHARITABLE TRUST | FY2025 | £30k |
| GIVE US A CHANCE | FY2024 | £15k |
| LYNWOOD CHARITABLE FOUNDATION | FY2025 | £1k |
| HIGHBURY QUADRANT CONGREGATIONAL CHURCH | FY2021 | £100 |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| GILMOOR BENEVOLENT FUND LIMITED | 2 | £1.3m |
| NASOD CHARITABLE TRUST | 1 | £310k |
| M AND R GROSS CHARITIES LIMITED | 1 | £169k |
| THE MAURICE WOHL CHARITABLE FOUNDATION | 1 | £95k |
| PARKWILL LIMITED | 1 | £66k |
| SF FOUNDATION | 1 | £56k |
| HARBO CHARITIES LIMITED | 1 | £45k |
| YESODEY HATORAH SCHOOLS | 1 | £41k |