SHULEM B. ASSOCIATION LIMITED
The charity is established for charitable purposes only and (without prejudice to the generality of the foregoing words) in particular to support the activities of Jewish religious organisations, especially in the field of education. Donations are made to organisations providing a sound religious education in accordance with the doctrines of traditional Judaism.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net deficit for the year and holds negative free reserves of £1,108,722. The trustees confirm that the charity is dependent on investment income generated by its subsidiary companies, which decreased during the year. Despite these deficits, the trustees maintain that the charity has adequate resources to continue in operational existence for the foreseeable future.
What the accounts disclose
“The free reserves of the charity are the current assets minus current liabilities. At the year end, the charity had free reserves of (£1,108,722) (2024: (£718,990)).” — page 8
“The Charity holds the share capital of six active subsidiary undertakings, namely Bitover Limited, Crown View Estates Limited, Davecourt Limited, Honeyvale Properties Limited, Lysville Limited and Tripknoll Limited. All the subsidiary holdings are engaged in property investment, or are parent undertakings for property investment companies” — page 4
Corporate structure
- Registered company of the charity Companies House 00711513
- Trading subsidiary: DAVECOURT LIMITED Companies House 01153848
- Trading subsidiary: LYSVILLE LIMITED Companies House 01384537
- Trading subsidiary: CROWN VIEW ESTATES LIMITED Companies House 02820344
- Trading subsidiary: HONEYVALE PROPERTIES LIMITED Companies House 08718663
- Debtors include £3,000 owed by group undertakings.
- Profit before tax: £80k
- Donated/gift-aided to the charity: £100k
“Distributions to parent charity under gift aid”
- Amounts owed to group undertakings
- Profit before tax: £359k
- Donated/gift-aided to the charity: £550k
- Joint bank loan of £13.5M with a fellow group undertaking; £7M included in these accounts, £6.5M in the other company's accounts. Joint and several liability.
“Distributions to parent charity under gift aid”
Company officers (Companies House)
- BERGER, Shloime Zalmen on trustee list
- GROSSBERGER, Yankel on trustee list
- BERGER, Berish
Property (HM Land Registry)
Structured financials (annual return, FY ending 30/09/2025)
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/09/2025 | £5.1m | £5.9m |
| 30/09/2024 | £5.3m | £6.4m |
| 30/09/2023 | £5.7m | £10.0m |
| 30/09/2022 | £6.2m | £6.0m |
| 30/09/2021 | £4.4m | £3.7m |
Common questions
Is SHULEM B. ASSOCIATION LIMITED financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net deficit for the year and holds negative free reserves of £1,108,722. The trustees confirm that the charity is dependent on investment income generated by its subsidiary companies, which decreased during the year. Despite these deficits, the trustees maintain that the charity has adequate resources to continue in operational existence for the foreseeable future. Its FY2025 accounts were audited by Cohen Arnold.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| CHARITWORTH LIMITED | 2 | £83k |
| TORAH ( 5759 ) LIMITED | 2 | £76k |
| SABENO LIMITED | 2 | £69k |
| REMODIFYZ TRUST | 2 | £9k |
| COMET CHARITIES LTD | 1 | £5.5m |
| ACHISOMOCH AID COMPANY LIMITED | 1 | £1.9m |
| DELAPAGE LIMITED | 1 | £1.1m |
| M AND R GROSS CHARITIES LIMITED | 1 | £312k |
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Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| SHULEM B. ASSOCIATION LIMITED | £5.1m | — | 0 | below | — | no doubt |
| SHAAREI RACHAMIM LIMITED | £810k | — | 0 | below | — | no doubt |
| M AND R GROSS CHARITIES LIMITED | £4.1m | — | 0 | unclear | — | no doubt |
| GEMACH LTD | £7.1m | — | 0 | above | — | no doubt |
| SHEMA BENI | £425k | — | 0 | unclear | — | no doubt |
| COMET CHARITIES LTD | £3.2m | — | 0 | unclear | — | no doubt |