THE RABBI SOLOMON D SASSOON MEMORIAL FUND
Education, medical, religion, poverty and general
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
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.