ERINASTAR LIMITED
Financial health, per its FY2024 accounts
The accounts state that the charity holds unrestricted reserves of £3,874,924, which the trustees consider sufficient to support future grant-making activities. The charity reported a net expenditure of £572,421 for the year, resulting in a decrease in total funds from the previous year. The independent examiner confirmed that the financial statements comply with applicable regulations and accounting standards.
What the accounts disclose
“Consequently, the Trustees consider it appropriate to maintain unrestricted funds, which include the free reserves of the Charity, at a level which will not impinge on the Charity's ability to support charitable institutions.” — page 4
“Trade debtors include £7,100 due from a person connected to the trustees in the normal course of business. This was repaid post year end. Other debtors relate to a charitable loan debtor which is interest free and payable on demand.” — page 14
Trustees
- Anne Mette Reichmann
- David Reichmann
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £216k | £216k |
| 31/03/2024 | £182k | £754k |
| 31/03/2023 | £180k | £728k |
| 31/03/2022 | £177k | £994k |
| 31/03/2021 | £188k | £339k |
Common questions
Is ERINASTAR LIMITED financially healthy?
The accounts state that the charity holds unrestricted reserves of £3,874,924, which the trustees consider sufficient to support future grant-making activities. The charity reported a net expenditure of £572,421 for the year, resulting in a decrease in total funds from the previous year. The independent examiner confirmed that the financial statements comply with applicable regulations and accounting standards. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| ACHISOMOCH AID COMPANY LIMITED | 2 | £763k |
| HEICHAL HATORAH FOUNDATION | 1 | £355k |
| BEIS MENACHEM CHABAD LUBAVITCH | 1 | £102k |
| CHASDEI YITZOK CHARITIES LIMITED | 1 | £74k |
| CHASEHAWK LIMITED | 1 | £65k |
| COL-RENO LIMITED | 1 | £53k |
| MW (GK) FOUNDATION | 1 | £39k |
| ANEINU LIMITED | 1 | £36k |