SIVA CHARITABLE FUND
Latest income
£846k
Latest spending
£765k
Registered
1974
Accounts read
FY2024
Financial health, per its FY2024 accounts
The accounts state that the charity holds £5.95m in unrestricted funds, which the trustees consider appropriate given future commitments. Although the charity reports net current liabilities of £1.03m, the trustees and auditors confirm the entity is a going concern with adequate resources to continue operations for the foreseeable future.
What the accounts disclose
Reserves policy: 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 (held: £6.0m)
“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
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Grants to related parties
“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. These charities have Trustees or or family members who are Trustees in common with Siva Charitable Fund.” — 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. The Trustees are numbered amongst the directors of these companies. All loans are interest free and repayable on demand.” — page 25
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Loans to connected undertakings
“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. These charities have Trustees or or family members who are Trustees in common with Siva Charitable Fund.” — 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. The Trustees are numbered amongst the directors of these companies. All loans are interest free and repayable on demand.” — page 25
Per its FY2024 accounts as filed with the Charity Commission.
Trading subsidiary: Flintrule Limited, Flintrule (No.1) Limited, Merlina Limited, Oakford Propertied Limited
“The charity's property investments are held by Flintrule Limited, Flintrule (No.1) Limited, Merlina Limited and Oakford Propertied Limited, which act as bare trustees.” — page 3
Per its FY2024 accounts as filed with the Charity Commission.
Structured financials (annual return, FY ending 05/04/2025)
Total income
£846k
Total spending
£765k
Cost of raising funds
£430k
Reserves (reported)
£0
Employees
0
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?
The accounts state that the charity holds £5.95m in unrestricted funds, which the trustees consider appropriate given future commitments. Although the charity reports net current liabilities of £1.03m, the trustees and auditors confirm the entity is a going concern with adequate resources to continue operations for the foreseeable future. Its FY2024 accounts were audited by Cohen Arnold.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| H P CHARITABLE TRUST | 2 | £31k |
| AHAVAT YISROEL UK | 1 | £255k |
| GILMOOR BENEVOLENT FUND LIMITED | 1 | £212k |
| YAD SHLOMO TRUST | 1 | £132k |
| ZOREYA TZEDOKOS | 1 | £130k |
| SF FOUNDATION | 1 | £100k |
| HURDALE CHARITY LIMITED | 1 | £100k |
| MAYHEIGHTS LIMITED | 1 | £96k |