FRIENDS OF SANZ INSTITUTIONS
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves stood at £4,926,985, a significant increase from the previous year's £3,357,433. The charity reported a net income of £1,569,552, driven by donations and substantial investment gains, while maintaining a strong asset base including property valuations. The trustees confirmed adequate resources and no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“It is the policy of the charity to maintain unrestricted funds, which are the free reserves of the charity, at a level which the trustees think appropriate after considering the future commitments of the charity and the likely administrative costs of the charity for the next year.” — page 5
“As at 30th November 2024 Friends Of Sanz Institutions was owed £720,023 and £161,223 from Round Island Ltd and Langworthy Ltd respectively. Both of these entities share one or more Trustee/ Director with Friends Of Sanz Institutions (Mr I Reich and Mr D Klein). In addition, during the period Mr D Klein (Trustee) donated £410 to Friends Of Sanz Institutions. Finally, throughout the period ending 30th November 2024 a number of transactions were recognised between Friends Of Sanz Institutions and entities which share a Trustee/ Director with Friends Of Sanz Institutions (Mr I Reich and Mr D Klein), these transactions have been summarised below: Kollel Shefa Chaim: Friends Of Sanz Institutions made donations totalling £15,120 to this entity. Gilderton Properties Ltd: Friends Of Sanz Institutions received donations totalling £20,710 from this entity. Springview Finance Ltd: Friends Of Sanz Institutions received donations totalling £12,000 from this entity. Peaktop Ltd: Friends Of Sanz Institutions received donations totalling £16,900 from this entity. Shefarav Ltd: Friends Of Sanz Institutions received donations totalling £885 from this entity. K & K Estates Ltd: Friends Of Sanz Institutions received rental income totalling £2,600 from this entity.” — page 23
Structured financials (annual return, FY ending 30/11/2024)
Trustees
- DAVID KLEIN
- ELIEZER REICH
- ISAAC REICH
- JACOB KLEIN
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/11/2024 | £1.4m | £1.1m |
| 30/11/2023 | £1.2m | £952k |
| 30/11/2022 | £994k | £1.0m |
| 30/11/2021 | £987k | £820k |
| 30/11/2020 | £738k | £657k |
Common questions
Is FRIENDS OF SANZ INSTITUTIONS financially healthy?
The accounts state that unrestricted reserves stood at £4,926,985, a significant increase from the previous year's £3,357,433. The charity reported a net income of £1,569,552, driven by donations and substantial investment gains, while maintaining a strong asset base including property valuations. The trustees confirmed adequate resources and no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2024 accounts were audited by Venitt and Greaves.
Who funds FRIENDS OF SANZ INSTITUTIONS?
Funders whose own accounts filings name FRIENDS OF SANZ INSTITUTIONS as a grant recipient include AMABRILL LTD, ACHISOMOCH AID COMPANY LIMITED, COUNTYPIER LIMITED, SF FOUNDATION, VAIDICHKA.
Known funders
| Funder | Year | Amount |
|---|---|---|
| AMABRILL LTD | FY2025 | £538k |
| ACHISOMOCH AID COMPANY LIMITED | FY2025 | £229k |
| AMABRILL LTD | FY2024 | £99k |
| COUNTYPIER LIMITED | FY2023 | £74k |
| COUNTYPIER LIMITED | FY2024 | £55k |
| SF FOUNDATION | FY2024 | £29k |
| VAIDICHKA | FY2023 | £12k |
| SABENO LIMITED | FY2023 | £10k |
| SABENO LIMITED | FY2024 | £10k |
| SABENO LIMITED | FY2022 | £7k |
| VAIDICHKA | FY2022 | £2k |
| Y.M.E.R. CIO | FY2023 | £1k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| SAMJO LIMITED | 1 | £1.2m |
| GILMOOR BENEVOLENT FUND LIMITED | 1 | £1.1m |
| NASOD CHARITABLE TRUST | 1 | £310k |
| OIZER CHARITABLE TRUST | 1 | £289k |
| TRUMROS LIMITED | 1 | £142k |
| BRUSHMILL LIMITED | 1 | £69k |
| AHAVATH CHESSED CHARITABLE ASSOCIATION LIMITED | 1 | £58k |
| CHARITWORTH LIMITED | 1 | £55k |