THE RABBI SOLOMON D SASSOON MEMORIAL FUND
Education, medical, religion, poverty and general
Objects
(I) TO ADVANCE JEWISH EDUCATION. (II) TO ADVANCE THE RELIGION OF THE JEWISH FAITH IN ACCORDANCE WITH THE ORTHODOX PRACTIVE. (III) THE RELIEF OF POVERTY. (IV) THE RELIEF AND CARE OF ORPHANS, ELDERLY AND THE SICK AND THE INFIRM. (V) SUCH OTHER PURPOSES AS ARE RECONGNISED BY ENGLISH LAW AS BEING CHARITABLE.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a deficit of £2,289 for the year ended 5 April 2025, compared to a surplus in the prior year. Per the trustees' report, unrestricted reserves of £182,991 are maintained in line with the policy target of three to six months' expenditure. The trustees confirm adequate resources for going concern purposes.
What the accounts disclose
“It is the policy of the Charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month’s expenditure.” — page 4
Policies the charity declares
- Bullying and harassment policy and procedures
- Campaigns and political activity policy and procedures
- Complaints policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
Trustees
- Joseph Gubbay
- MOZELLE GUBBAY
- Philip Goldberg
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £34k | £36k |
| 05/04/2024 | £19k | £13k |
| 05/04/2023 | £16k | £15k |
| 05/04/2022 | £16k | £4k |
| 05/04/2021 | £0 | £3k |
Common questions
Is THE RABBI SOLOMON D SASSOON MEMORIAL FUND financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a deficit of £2,289 for the year ended 5 April 2025, compared to a surplus in the prior year. Per the trustees' report, unrestricted reserves of £182,991 are maintained in line with the policy target of three to six months' expenditure. The trustees confirm adequate resources for going concern purposes. Its FY2025 accounts were independently examined.