ELSHORE LIMITED
The basic purpose and objective of the company are to raise funds on an ongoing basis in order to provide UK and foreign individuals and families with their daily requirements. It is expected that the amounts raised will on a yearly basis approximate the amounts paid as a result of efforts to raise money are based on the needs adjudged to be required on an ongoing basis.
Financial health, per its FY2025 accounts
The accounts state that the charity made a deficit of £594,733 for the year ended 31 March 2025, resulting in unrestricted funds falling to a negative balance of £311,446. The trustees maintain that the charity has adequate resources to continue in operational existence for the foreseeable future under the going concern basis. The charity's policy is to maintain unrestricted reserves equivalent to three to six months of expenditure, a level the trustees consider has been maintained throughout the year despite the deficit.
What the accounts disclose
“This level of reserves has been maintained throughout the year.”
Trustees
- Edward Harold Lerner
- Israel Alexander Sudwarts
- Susan Yanofsky
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £99k | £693k |
| 31/03/2024 | £424k | £145k |
| 31/03/2023 | £173k | £171k |
| 31/03/2022 | £23k | £28k |
| 31/03/2021 | £41k | £60k |
Common questions
Is ELSHORE LIMITED financially healthy?
Per its FY2025 accounts: The accounts state that the charity made a deficit of £594,733 for the year ended 31 March 2025, resulting in unrestricted funds falling to a negative balance of £311,446. The trustees maintain that the charity has adequate resources to continue in operational existence for the foreseeable future under the going concern basis. The charity's policy is to maintain unrestricted reserves equivalent to three to six months of expenditure, a level the trustees consider has been maintained throughout the year despite the deficit. Its FY2025 accounts were independently examined.