Charity Accounts Intelreading the accounts so you don’t have to

GAMA TZEDAKA LIMITED

Registered charity 290568 · accounts filings on the Charity Commission register

Latest income
£439k
Latest spending
£379k
Registered
1984
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that unrestricted funds decreased significantly from £3,355,822 to £516,144 due to a £2.9 million revaluation loss on investment properties and charitable expenditures. The charity holds no formal reserves policy and relies on property investments for income, with governors satisfied that adequate resources exist for the foreseeable future.

What the accounts disclose

Related-party transaction: Amounts owed to another charity with the same governors, objects and purpose as this one.
“Included in other creditors is an amount of £73,811 (2023 : £69,343) due to companies under common control with this one, and £521,667 (2023 : £605,837) due to another charity with the same governors, objects and purpose as this one. These loans are interest free and are repayable on demand.” — page 16
“Included in other creditors is an amount of £73,811 (2023 : £69,343) due to companies under common control with this one, and £521,667 (2023 : £605,837) due to another charity with the same governors, objects and purpose as this one. These loans are interest free and are repayable on demand.” — page 16
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Amounts owed to companies under common control.
“Included in other creditors is an amount of £73,811 (2023 : £69,343) due to companies under common control with this one, and £521,667 (2023 : £605,837) due to another charity with the same governors, objects and purpose as this one. These loans are interest free and are repayable on demand.” — page 16
“Included in other creditors is an amount of £73,811 (2023 : £69,343) due to companies under common control with this one, and £521,667 (2023 : £605,837) due to another charity with the same governors, objects and purpose as this one. These loans are interest free and are repayable on demand.” — page 16
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit).

Structured financials (annual return, FY ending 31/12/2020)

Total income
£511k
Total spending
£472k
Cost of raising funds
£227k
Reserves (reported)
£0
Employees
3

Reported reserves equal ~0.0 months of spending — in the bottom quarter for charities its size (median 7.0 months; benchmarks).

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/12/2024£439k£379k
31/12/2023£499k£342k
31/12/2022£439k£356k
31/12/2021£434k£2.8m
31/12/2020£511k£472k

Common questions

Is GAMA TZEDAKA LIMITED financially healthy?

The accounts state that unrestricted funds decreased significantly from £3,355,822 to £516,144 due to a £2.9 million revaluation loss on investment properties and charitable expenditures. The charity holds no formal reserves policy and relies on property investments for income, with governors satisfied that adequate resources exist for the foreseeable future. Its FY2024 accounts were independently examined.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

FunderSimilar charities fundedAmount to them
M AND R GROSS CHARITIES LIMITED1£3.7m
CHEVRAS TSEDOKOH LIMITED1£2.2m
MISHKAN YERUSHULAYIM1£1.8m
RONTADES LIMITED1£1.7m
SHULEM B. ASSOCIATION LIMITED1£1.0m
GREATGREEN LIMITED1£950k
WISEHEIGHTS LIMITED1£900k
OLLINGHAM LIMITED1£434k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with SHIREHALL TZEDAKA COMPANY LIMITED.