YESODEY HATORAH NURSERY
Financial health, per its FY2024 accounts
The accounts state that unrestricted funds increased to £647,180, with free reserves of £631,078, representing a net income of £66,282 for the year. The charity maintains a cash deficit of £17,089 due to bank overdrafts exceeding cash at hand, while total net assets stand at £647,180. The trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“No employee received employee benefits of more than £60,000 during the year (2023: Nil).” — page 17
“It is the policy of the charity to maintain unrestricted funds, which are the free reserve of the charity, at a level which the Trustees think appropriate after considering the future commitments of the charity and the likely administrative costs of the charity for the next year.” — page 4
Structured financials (annual return, FY ending 31/12/2024)
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £1.7m | £1.6m |
| 31/12/2023 | £1.5m | £1.5m |
| 31/12/2022 | £1.5m | £1.5m |
| 31/12/2021 | £1.4m | £1.3m |
| 31/12/2020 | £1.3m | £1.1m |
Common questions
Is YESODEY HATORAH NURSERY financially healthy?
The accounts state that unrestricted funds increased to £647,180, with free reserves of £631,078, representing a net income of £66,282 for the year. The charity maintains a cash deficit of £17,089 due to bank overdrafts exceeding cash at hand, while total net assets stand at £647,180. The trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2024 accounts were audited by Cohen Arnold.
What does the highest-paid employee of YESODEY HATORAH NURSERY earn?
Per its FY2024 accounts, the highest-paid employee was in the Under £60,000 band.