THE FRIENDS OF ASOS CHESED
Financial health, per its FY2024 accounts
The accounts state that the charity's unrestricted funds are in a deficit of £99,289, an increase from the previous year's deficit of £63,694. Per the trustees' report, the going concern basis relies on the ongoing support of major creditors, and the reserves policy indicates the charity does not normally hold substantial reserves.
What the accounts disclose
“It is the policy of the charity to send grants to beneficiaries regularly, as and when donations are received, and therefore the charity would normally not hold any substantial reserves.” — page 4
“These accounts have been prepared on a going concern basis due to the ongoing support of the major creditors.” — page 9
“Also included in Other Creditors is £19,500 (2023: £19,500) owing to B Warfman a trustee of this charity. This loan is interest free and repayable on demand.” — page 13
“Also included in Other Creditors is £45,800 owing to The Friends Of Maase Tzedoko a charity where both B Warfman & H Warfman are trustees. This loan is interest free and repayable on demand.” — page 13
“Also included in Other Creditors is £19,500 (2023: £19,500) owing to B Warfman a trustee of this charity. This loan is interest free and repayable on demand.” — page 13
“Also included in Other Creditors is £45,800 owing to The Friends Of Maase Tzedoko a charity where both B Warfman & H Warfman are trustees. This loan is interest free and repayable on demand.” — page 13
Trustees
- BERNARD DANIEL WARFMAN
- CHAYA TAGER
- Hannah Warfman
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £285k | £337k |
| 31/12/2024 | £112k | £147k |
| 31/12/2023 | £232k | £261k |
| 31/12/2022 | £319k | £289k |
| 31/12/2021 | £280k | £328k |
Common questions
Is THE FRIENDS OF ASOS CHESED financially healthy?
The accounts state that the charity's unrestricted funds are in a deficit of £99,289, an increase from the previous year's deficit of £63,694. Per the trustees' report, the going concern basis relies on the ongoing support of major creditors, and the reserves policy indicates the charity does not normally hold substantial reserves. Its FY2024 accounts were independently examined.
Who funds THE FRIENDS OF ASOS CHESED?
Funders whose own accounts filings name THE FRIENDS OF ASOS CHESED as a grant recipient include MW (CL) FOUNDATION, GEFEN FOUNDATION, BESIYATA.
Known funders
| Funder | Year | Amount |
|---|---|---|
| MW (CL) FOUNDATION | FY2022 | £35k |
| GEFEN FOUNDATION | FY2022 | £33k |
| MW (CL) FOUNDATION | FY2023 | £30k |
| GEFEN FOUNDATION | FY2023 | £20k |
| GEFEN FOUNDATION | FY2025 | £15k |
| BESIYATA | FY2023 | £10k |
| GEFEN FOUNDATION | FY2024 | £5k |
| MW (CL) FOUNDATION | FY2024 | £5k |
| BESIYATA | FY2024 | £0 |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| GERSON BERGER ASSOCIATION LIMITED | 1 | £756k |
| CHALFORDS LIMITED | 1 | £200k |
| THE JOSEPH ROWNTREE CHARITABLE TRUST | 1 | £165k |
| DONATING CHARITY LIMITED | 1 | £154k |
| MOISHE AND ESTHER ITZINGER FOUNDATION LIMITED | 1 | £150k |
| OYY LUBAVITCH BOYS SCHOOL | 1 | £121k |
| ITZCHOK MEYER CYMERMAN TRUST LIMITED | 1 | £85k |
| YAD VEACHISOMOCH L'CHAIM | 1 | £62k |