SIVA CHARITABLE FUND
Apply and pay for or to such legally charitable purpose or purposes or legally charitable institution or institutions in the United Kingdom or elsewhere including the relief of poverty and the advancement of education amongst persons who in the uncontrolled opinion of the Trustees are of Jewish Faith and advancement of Jewish Religion and the study of the Torah.
Objects
1. FOR SUCH LEGALLY CHARITABLE PURPOSE OR PURPOSES OR LEGALLY CHARITABLE INSTITUTION OR INSTITUTIONS IN THE UNITED KINGDOM AND ELSEWHERE. 2. THE RELIEF OF POVERTY AND THE ADVANCEMENT OF EDUCATION AMONGST PERSONS WHO IN THE OPINION OF THE TRUSTEES ARE OF THE JEWISH FAITH. 3. ADVANCEMENT OF THE JEWISH RELIGION AND THE STUDY OF THE TORAH.
Financial health, per its FY2024 accounts
The charity holds £5,954,984 in unrestricted funds, which the trustees consider appropriate given future commitments and administrative costs. Although the charity reports net current liabilities of £1,028,651, the trustees and auditors confirm that the financial statements are prepared on a going concern basis due to adequate resources and available finance. The charity relies entirely on investment property income, having generated £833,748 in the year, and does not engage in fundraising activities.
What the accounts disclose
“It is the policy of the charity to maintain unrestricted funds, which are the free reserves of the charity, at a level which the trustees think appropriate after considering the future commitments of the charity and the likely administrative costs of the charity for the next year.” — page 6
“Included in grants to institutions is the following donations made to related parties: £Nil (2023: £10,000) to Beis Ruchel D'Satmar (London) Limited, £5,000 (2023: £Nil) made to Satmar Nursery Trust, £5,000 (2023: £Nil) made to Talmud Torah Education Limited, £12,500 (2023: £Nil) made to UTRY, £10,000 (2023: £Nil) made to Vyoel Moshe Charitable Trust, £5,000 (2023: £Nil) to Y G S Yeshiva Gedola Seminar and £5,000 (2023: £Nil) to Yeshiva Gedoilah Torah Veyirah Limited.” — page 25
“The amounts due to connected undertakings include £Nil (2023: £18,000) due to Bergfeld Co. Limited, £4,276 (2023: £4,276) due to Merlina Limited, £60,000 (2023: £60,000) due to Severnate Co. Limited, £690,000 (2022:£430,000) due to Ashbridge Properties Limited, £80,000 (2023: £80,000) due to Bakerloo Limited, £220,833 (2023: £Nil) due to Worldstar Properties Limited, £3,240 (2023: £Nil) due to Respect Properties Limited and £18,000 (2023: £Nil) due to Newincco 824 Limited.” — page 25
“Included in grants to institutions is the following donations made to related parties: £Nil (2023: £10,000) to Beis Ruchel D'Satmar (London) Limited, £5,000 (2023: £Nil) made to Satmar Nursery Trust, £5,000 (2023: £Nil) made to Talmud Torah Education Limited, £12,500 (2023: £Nil) made to UTRY, £10,000 (2023: £Nil) made to Vyoel Moshe Charitable Trust, £5,000 (2023: £Nil) to Y G S Yeshiva Gedola Seminar and £5,000 (2023: £Nil) to Yeshiva Gedoilah Torah Veyirah Limited.” — page 25
“The amounts due to connected undertakings include £Nil (2023: £18,000) due to Bergfeld Co. Limited, £4,276 (2023: £4,276) due to Merlina Limited, £60,000 (2023: £60,000) due to Severnate Co. Limited, £690,000 (2022:£430,000) due to Ashbridge Properties Limited, £80,000 (2023: £80,000) due to Bakerloo Limited, £220,833 (2023: £Nil) due to Worldstar Properties Limited, £3,240 (2023: £Nil) due to Respect Properties Limited and £18,000 (2023: £Nil) due to Newincco 824 Limited.” — page 25
Policies the charity declares
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Paying staff
- Risk management
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Trustee conflicts of interest policy and procedures
- Volunteer management
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 05/04/2025
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 05/04/2024
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 05/04/2023
- Grant-making is its main activity
Structured financials (annual return, FY ending 05/04/2025)
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £846k | £765k |
| 05/04/2024 | £834k | £695k |
| 05/04/2023 | £768k | £497k |
| 05/04/2022 | £772k | £507k |
| 05/04/2021 | £823k | £1.0m |
Common questions
Is SIVA CHARITABLE FUND financially healthy?
Per its FY2024 accounts: The charity holds £5,954,984 in unrestricted funds, which the trustees consider appropriate given future commitments and administrative costs. Although the charity reports net current liabilities of £1,028,651, the trustees and auditors confirm that the financial statements are prepared on a going concern basis due to adequate resources and available finance. The charity relies entirely on investment property income, having generated £833,748 in the year, and does not engage in fundraising activities. Its FY2024 accounts were audited by Cohen Arnold.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| YESBE LIMITED | 1 | £31k |
Charities like this
- THE SIVA TRUST LTD
- SEAEM
- SOLEV CO LIMITED
- THE DAVIDAV CHARITABLE TRUST
- S K CHARITABLE TRUST
- SHIVA CULTURAL AND COMMUNITY CENTRE
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| SIVA CHARITABLE FUND | £846k | — | 0 | unclear | — | no doubt |
| THE SIVA TRUST LTD | £184k | — | 0 | above | — | no doubt |
| SEAEM | £338k | — | 0 | unclear | — | no doubt |
| SOLEV CO LIMITED | £276k | — | 0 | above | — | no doubt |
| THE DAVIDAV CHARITABLE TRUST | £75k | — | 0 | above | — | no doubt |
| S K CHARITABLE TRUST | £232k | — | 0 | above | — | no doubt |