THE TELZ TALMUDICAL ACADEMY AND TALMUD TORAH TRUST

Registered charity 299687 · accounts filings on the Charity Commission register · repeated filing default (register status)

Latest income
£480k
Latest spending
£625k
Registered
1988
Accounts read
FY2023

Financial health, per its FY2023 accounts

The accounts state that the charity ended the year with a deficit of £144,809, resulting in unrestricted reserves falling to a deficit of £47,809. The trustees report that the charity is currently undergoing investigations by the Charity Commission and HMRC, expressing hope for a satisfactory conclusion. Despite the financial deficit, the trustees maintain that the charity's activities provide significant public benefit.

What the accounts disclose

Reserves policy: maintain as little reserves as possible (held: £-48k)
The trust's policy on reserves is that it tries to maintain as little reserves as possible as it feels that the funds are better expended than reserved. — page 4
Per its FY2023 accounts as filed with the Charity Commission.
Going concern: noted by the trustees or auditor
However, the charity is currently undegoing investigations both from the Charity Commisison and HMRC. It is hoped that these investigations will draw to a satisfactory conclusion. — page 4
Per its FY2023 accounts as filed with the Charity Commission.
Related-party transaction: Grant to related party
All donations shown in the accounts are to Horaoth Hatalmud Telz Academy and Talmud Torah. — page 5
Per its FY2023 accounts as filed with the Charity Commission.
Governance: Regulator engagement
However, the charity is currently undegoing investigations both from the Charity Commisison and HMRC. — page 4
Per its FY2023 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit).

Charity Commission inquiry

The Charity Commission opened inquiries into two charities on 17 July 2023 due to concerns regarding financial management, including the use of pre-signed blank cheques and heavy cash operations. Following the opening of the inquiries, the Commission exercised its powers to restrict trustees from entering into certain transactions, such as withdrawing funds in cash or pre-signing cheques.
Per the Commission’s published report. Summary is automated; the official report is authoritative.

Structured financials (annual return, FY ending 31/03/2022)

Total income
£667k
Total spending
£571k
Reserves (reported)
£100k
Employees
0

Reported reserves equal ~2.1 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: Israel

Income and spending

Financial year endIncomeSpending
31/03/2025
31/03/2024
31/03/2023£480k£625k
31/03/2022£667k£571k
31/03/2021£935k£958k

Common questions

Is THE TELZ TALMUDICAL ACADEMY AND TALMUD TORAH TRUST financially healthy?

The accounts state that the charity ended the year with a deficit of £144,809, resulting in unrestricted reserves falling to a deficit of £47,809. The trustees report that the charity is currently undergoing investigations by the Charity Commission and HMRC, expressing hope for a satisfactory conclusion. Despite the financial deficit, the trustees maintain that the charity's activities provide significant public benefit. Its FY2023 accounts were independently examined.

Who funds THE TELZ TALMUDICAL ACADEMY AND TALMUD TORAH TRUST?

Funders whose own accounts filings name THE TELZ TALMUDICAL ACADEMY AND TALMUD TORAH TRUST as a grant recipient include BOURNEHEIGHTS LIMITED, DILLHAVEN LIMITED.

Known funders

Grants to this charity found in funders’ own accounts filings.

FunderYearAmount
BOURNEHEIGHTS LIMITEDFY2024£57k
BOURNEHEIGHTS LIMITEDFY2023£48k
BOURNEHEIGHTS LIMITEDFY2022£38k
DILLHAVEN LIMITEDFY2023£30k

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.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with THE GEVURATH ARI TORAH ACADEMY TRUST.