COLEL CHABAD
Financial health, per its FY2023 accounts
The accounts state that unrestricted reserves stood at £43,149 at the end of the financial year, an increase from the previous year's £38,442. The charity reported a net income surplus of £4,707, driven by a significant rise in donations to £1,980,698. The trustees and auditors confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“There was no employee whose annual emoluments were £60,000 or more (2022: Nil).” — page 16
Year-over-year changes
- Top pay band moved from Under £20,000 (FY2022) to Under £60,000 (FY2023).
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- Menachem Salekchair
- DANIEL WOLFFE
- RABBI YITZCHOK SUFRIN
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £4.7m | £4.7m |
| 31/12/2023 | £2.0m | £2.0m |
| 31/12/2022 | £1.1m | £1.1m |
| 31/12/2021 | £1.4m | £1.4m |
| 31/12/2020 | £1.0m | £1.1m |
Common questions
Is COLEL CHABAD financially healthy?
The accounts state that unrestricted reserves stood at £43,149 at the end of the financial year, an increase from the previous year's £38,442. The charity reported a net income surplus of £4,707, driven by a significant rise in donations to £1,980,698. The trustees and auditors confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2023 accounts were audited by Goldwins Limited.
What does the highest-paid employee of COLEL CHABAD earn?
Per its FY2023 accounts, the highest-paid employee was in the Under £60,000 band.
Who funds COLEL CHABAD?
Funders whose own accounts filings name COLEL CHABAD as a grant recipient include B K CHARITABLE TRUST, THE ESFANDI CHARITABLE FOUNDATION, M AND L COHEN CHARITABLE TRUST, LYNWOOD CHARITABLE FOUNDATION.
Known funders
| Funder | Year | Amount |
|---|---|---|
| B K CHARITABLE TRUST | FY2024 | £131k |
| THE ESFANDI CHARITABLE FOUNDATION | FY2022 | £118k |
| M AND L COHEN CHARITABLE TRUST | FY2024 | £11k |
| THE ESFANDI CHARITABLE FOUNDATION | FY2023 | £10k |
| M AND L COHEN CHARITABLE TRUST | FY2021 | £5k |
| THE ESFANDI CHARITABLE FOUNDATION | FY2025 | £5k |
| THE ESFANDI CHARITABLE FOUNDATION | FY2024 | £5k |
| M AND L COHEN CHARITABLE TRUST | FY2023 | £5k |
| M AND L COHEN CHARITABLE TRUST | FY2022 | £3k |
| B K CHARITABLE TRUST | FY2022 | £2k |
| B K CHARITABLE TRUST | FY2023 | £2k |
| LYNWOOD CHARITABLE FOUNDATION | FY2025 | £1k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| UNITED TALMUDICAL ASSOCIATES LTD | 1 | £407k |
| GILMOOR BENEVOLENT FUND LIMITED | 1 | £349k |
| THE KASNER CHARITABLE TRUST | 1 | £216k |
| CHASSIDEI BELZ MANCHESTER | 1 | £195k |
| THE MELOW CHARITABLE TRUST | 1 | £157k |
| PARKWILL LIMITED | 1 | £109k |
| YIZAL EDUCATION LIMITED | 1 | £105k |
| JAY EDUCATION TRUST | 1 | £95k |