STERVON LTD
Financial health, per its FY2024 accounts
The accounts state that the charity held free unrestricted reserves of £94,291 at year-end, a decrease from the previous year's £99,601. The charity reported a net expenditure of £5,310 for the year, having received total income of £260,965 and made grants totalling £263,830. The trustees note that the charity aims to distribute approximately 80% of its annual income and retain the balance to meet unforeseen demands.
What the accounts disclose
“distribute approximately 80% of its annual income and retain the balance to meet unforeseen demands or shortfalls in income so as to enable the charity to become self-financing.” — page 5
“During the year the charity received covenanted donations of £132,000 from Doubletex Trading Limited, a subsidiary undertaking of the charity.” — page 16
“Included in Creditors are amounts totalling £10,303 (2023: £10,303) owing to the trustees of the Charity, these loans are interest free and repayable on demand.” — page 16
“During the year the charity received covenanted donations of £132,000 from Doubletex Trading Limited, a subsidiary undertaking of the charity.” — page 16
“Included in Creditors are amounts totalling £10,303 (2023: £10,303) owing to the trustees of the Charity, these loans are interest free and repayable on demand.” — page 16
“During the year the charity received covenanted donations of £132,000 from Doubletex Trading Limited, a subsidiary undertaking of the charity.” — page 16
“Included in Creditors are amounts totalling £10,303 (2023: £10,303) owing to the trustees of the Charity, these loans are interest free and repayable on demand.” — page 16
“During the year the charity received covenanted donations of £132,000 from Doubletex Trading Limited, a subsidiary undertaking of the charity.” — page 16
“Included in Creditors are amounts totalling £10,303 (2023: £10,303) owing to the trustees of the Charity, these loans are interest free and repayable on demand.” — page 16
“During the year the charity received covenanted donations of £132,000 from Doubletex Trading Limited, a subsidiary undertaking of the charity.” — page 16
“Included in Creditors are amounts totalling £10,303 (2023: £10,303) owing to the trustees of the Charity, these loans are interest free and repayable on demand.” — page 16
Trustees
- Akiba REICH
- GABRIEL ROTHBART
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £261k | £266k |
| 31/12/2023 | £119k | £181k |
| 31/12/2022 | £50k | £173k |
| 31/12/2021 | £201k | £217k |
| 31/12/2020 | £226k | £204k |
Common questions
Is STERVON LTD financially healthy?
The accounts state that the charity held free unrestricted reserves of £94,291 at year-end, a decrease from the previous year's £99,601. The charity reported a net expenditure of £5,310 for the year, having received total income of £260,965 and made grants totalling £263,830. The trustees note that the charity aims to distribute approximately 80% of its annual income and retain the balance to meet unforeseen demands. Its FY2024 accounts were independently examined.
Who funds STERVON LTD?
Funders whose own accounts filings name STERVON LTD as a grant recipient include M & E CHARITABLE TRUST.
Shared trustees with funders
- GABRIEL ROTHBART — trustee here and at M & E CHARITABLE TRUST
Known funders
| Funder | Year | Amount |
|---|---|---|
| M & E CHARITABLE TRUST | FY2024 | £20k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| SAMJO LIMITED | 1 | £904k |
| ACHISOMOCH AID COMPANY LIMITED | 1 | £657k |
| HEICHAL HATORAH FOUNDATION | 1 | £355k |
| KEREN ASSOCIATION LIMITED | 1 | £188k |
| BEIS MENACHEM CHABAD LUBAVITCH | 1 | £102k |
| MOLE CHARITABLE TRUST | 1 | £95k |
| CHASDEI YITZOK CHARITIES LIMITED | 1 | £74k |
| CARLEE LTD | 1 | £50k |