RIDGESAVE LIMITED
To further those purposes both in the United Kingdom and abroad recognised as charitable by English Law.
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 Charitable Company's principal funding sources in the year were its investment portfolio, together with donations received from subsidiaries and related Companies.” — page 5
“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?
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. 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, LOCALTRENT LIMITED, KEREN ASSOCIATION LIMITED.
Shared trustees with funders
- Hannah Zelda Weiss — trustee here and at KEREN ASSOCIATION LIMITED
- JOSEPH LEIB WEISS — trustee here and at BEIS MINCHAS YITZCHOK TRUST
- JOSEPH LEIB WEISS — trustee here and at KOLLEL MISHKON YAKOV
- MR E ENGLANDER — trustee here and at KEREN ASSOCIATION LIMITED
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| KOLLEL MISHKON YAKOV | FY2024 | £32k | |
| BEIS MINCHAS YITZCHOK TRUST | FY2022 | £22k | relief of poverty, relief of those in need by reason of ill health or disability, the advancement of Jewish religion and the advancement of Jewish religious edu |
| BEIS MINCHAS YITZCHOK TRUST | FY2023 | £21k | |
| BEIS MINCHAS YITZCHOK TRUST | FY2025 | £21k | relief of poverty, relief of those in need by reason of ill health or disability, the advancement of Jewish religion and the advancement of Jewish religious edu |
| LOCALTRENT LIMITED | FY2024 | £20k | Material grant |
| KEREN ASSOCIATION LIMITED | FY2024 | £18k | |
| BEIS MINCHAS YITZCHOK TRUST | FY2024 | £9k | |
| KOLLEL MISHKON YAKOV | FY2025 | £0 |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| HAROFEH DONATIONS LIMITED | 1 | £13k |
| KMB ESTATES | 1 | £5k |
Charities like this
- RIDGEWAY PLAYGROUP LIMITED
- Notting Hill and Harlesden Methodist Circuit
- PHILADELPHIA ASSOCIATION LIMITED
- EUROPEAN COLLEGE OF BUSINESS AND MANAGEMENT
- SAVE ONE LIFE
- RIOSAN LIMITED
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| RIDGESAVE LIMITED | £187k | — | 0 | above | — | no doubt |
| RIDGEWAY PLAYGROUP LIMITED | £154k | — | 0 | unclear | — | no doubt |
| Notting Hill and Harlesden Methodist Circuit | £200k | — | 0 | unclear | — | no doubt |
| PHILADELPHIA ASSOCIATION LIMITED | £221k | — | 0 | above | 278156.0% | no doubt |
| EUROPEAN COLLEGE OF BUSINESS AND MANAGEMENT | £1.1m | £90,001 - £100,000 | — | above | — | no doubt |
| SAVE ONE LIFE | £1.2m | — | 0 | unclear | — | no doubt |