RIDGESAVE LIMITED
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net deficit of £23,386 for the year ended 31 March 2025, resulting in total unrestricted reserves of £486,858. The trustees confirm that the financial position is satisfactory and that the present balance of distributable reserves is sufficient to support anticipated expenditure.
What the accounts disclose
“The Reserves Policy of the Trustees is to maintain unrestricted funds, which are the free reserves of the Charitable Company, at a level they consider appropriate to the Charitable Company's needs taking into account likely future requirements.” — page 5
“Other debtors consist of an amount of £213,000 due from Kolel Belz Machnovkeh, of which a trustee of the Charitable Company is also a Trustee.” — page 16
“The Charity owns 100% of the shares in Bullion Properties Limited (Company Registration Number 00767173) a company incorporated in Great Britain and registered in England” — page 14
Structured financials (annual return, FY ending 31/03/2022)
Trustees
- JOSEPH LEIB WEISSchair
- AARON HOFFMAN
- Hannah Zelda Weiss
- MR E ENGLANDER
- Menachem Mendel Reichman
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £187k | £183k |
| 31/03/2024 | £250k | £718k |
| 31/03/2023 | £241k | £250k |
| 31/03/2022 | £601k | £618k |
| 31/03/2021 | £1.3m | £1.3m |
Common questions
Is RIDGESAVE LIMITED financially healthy?
The accounts state that the charity reported a net deficit of £23,386 for the year ended 31 March 2025, resulting in total unrestricted reserves of £486,858. The trustees confirm that the financial position is satisfactory and that the present balance of distributable reserves is sufficient to support anticipated expenditure. Its FY2025 accounts were independently examined.
Who funds RIDGESAVE LIMITED?
Funders whose own accounts filings name RIDGESAVE LIMITED as a grant recipient include KOLLEL MISHKON YAKOV, BEIS MINCHAS YITZCHOK TRUST.
Shared trustees with funders
- JOSEPH LEIB WEISS — trustee here and at BEIS MINCHAS YITZCHOK TRUST
- JOSEPH LEIB WEISS — trustee here and at KOLLEL MISHKON YAKOV
Known funders
| Funder | Year | Amount |
|---|---|---|
| KOLLEL MISHKON YAKOV | FY2024 | £32k |
| BEIS MINCHAS YITZCHOK TRUST | FY2023 | £21k |
| BEIS MINCHAS YITZCHOK TRUST | FY2025 | £21k |
| BEIS MINCHAS YITZCHOK TRUST | FY2024 | £9k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| HAROFEH DONATIONS LIMITED | 1 | £13k |
| KMB ESTATES | 1 | £2k |