MACHZIKE HADATH COMMUNITY
Financial health, per its FY2023 accounts
The accounts state that the charity reported a net deficit of £29,828 for the year ended 31 August 2023, resulting in a decrease in total funds from £821,330 to £791,502. The trustees confirm that the charity has sufficient reserves to continue as a going concern and that the deficit is largely attributable to investment losses expected to be reversed. Operating expenditure of approximately £160,000 per annum is funded by fundraising and investment income.
What the accounts disclose
“The charity seeks to maintain a sufficient level of reserves to meet all its day-to-day activities and also its capital expenditure plans for the foreseeable future.” — page 5
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £197k | £178k |
| 31/08/2024 | £198k | £203k |
| 31/08/2023 | £169k | £199k |
| 31/08/2022 | £204k | £131k |
| 31/08/2021 | £82k | £58k |
Common questions
Is MACHZIKE HADATH COMMUNITY financially healthy?
The accounts state that the charity reported a net deficit of £29,828 for the year ended 31 August 2023, resulting in a decrease in total funds from £821,330 to £791,502. The trustees confirm that the charity has sufficient reserves to continue as a going concern and that the deficit is largely attributable to investment losses expected to be reversed. Operating expenditure of approximately £160,000 per annum is funded by fundraising and investment income. Its FY2023 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| ACHISOMOCH AID COMPANY LIMITED | 1 | £1.1m |
| GILMOOR BENEVOLENT FUND LIMITED | 1 | £210k |
| M AND R GROSS CHARITIES LIMITED | 1 | £169k |
| OYY LUBAVITCH BOYS SCHOOL | 1 | £121k |
| THE MAURICE WOHL CHARITABLE FOUNDATION | 1 | £95k |
| PARKWILL LIMITED | 1 | £66k |
| YAD VEACHISOMOCH L'CHAIM | 1 | £62k |
| SF FOUNDATION | 1 | £56k |