ERINASTAR LIMITED
The support of religious, education and other charitable institutions.
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?
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. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| CHASEHAWK LIMITED | 2 | £173k |
| NES FOUNDATION LTD | 2 | £43k |
| THE UNION OF ORTHODOX HEBREW CONGREGATIONS | 2 | £40k |
| UOHC SUPERVISION LTD | 2 | £33k |
| ACHISOMOCH AID COMPANY LIMITED | 1 | £364k |
| BETTENHURST CHARITY LIMITED | 1 | £284k |
| CANNON CHARITABLE TRUST | 1 | £230k |
| BEIS MENACHEM CHABAD LUBAVITCH | 1 | £183k |
Charities like this
- AL-MANAR CENTRE TRUST
- YAD VEACHISOMOCH L'CHAIM
- SUPPORT THE CHARITY WORKER
- THE JG CHARITABLE TRUST
- FAIZAN-E-MADINA MOSQUE COMMITTEE (TRUST)
- THE CHARITY OF THE SISTERS OF THE RESURRECTION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| ERINASTAR LIMITED | £216k | — | 0 | unclear | — | no doubt |
| AL-MANAR CENTRE TRUST | £161k | — | 0 | within | — | no doubt |
| YAD VEACHISOMOCH L'CHAIM | £834k | — | 0 | unclear | — | no doubt |
| SUPPORT THE CHARITY WORKER | £991k | — | 0 | unclear | — | no doubt |
| THE JG CHARITABLE TRUST | £173k | — | 0 | unclear | — | no doubt |
| FAIZAN-E-MADINA MOSQUE COMMITTEE (TRUST) | £536k | Under £60,000 | 0 | unclear | — | no doubt |