FRIENDS OF ACHIEZER ARAD
Latest income
£1.2m
Latest spending
£466k
Registered
1990
Accounts read
FY2025
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net surplus of £779,024 for the year ended 5 April 2025, with total unrestricted funds increasing to £5,803,028. However, the trustees report that free reserves were negative £3,323,972, noting that they are actively pursuing funding sources to ensure future financial stability.
What the accounts disclose
Reserves position: below the charity's own stated reserves policy
“At the year end free reserves were negative £3,323,972 and total reserves were £5,803,028. The trustees are actively pursuing sources of funding in order to ensure that there are sufficient reserves to provide for future financial stability and flexibility and to enable the charity to expand its activities.” — page 4
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Donations from companies where trustees are directors
“During the year, the charity received donations of £448,500 from companies of which certain of the trustees are directors.” — page 23
“The charity's properties are managed free of charge by a company of which Mr I Moskovitz is a director. A deemed management charge of £22,156 has been recognised in the accounts as a donation.” — page 23
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Pro bono property management by trustee-connected company
“During the year, the charity received donations of £448,500 from companies of which certain of the trustees are directors.” — page 23
“The charity's properties are managed free of charge by a company of which Mr I Moskovitz is a director. A deemed management charge of £22,156 has been recognised in the accounts as a donation.” — page 23
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Grants to charity where a trustee is also a trustee
“During the year, the charity received donations of £448,500 from companies of which certain of the trustees are directors.” — page 23
“The charity's properties are managed free of charge by a company of which Mr I Moskovitz is a director. A deemed management charge of £22,156 has been recognised in the accounts as a donation.” — page 23
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Loans due to trustee-controlled companies
“During the year, the charity received donations of £448,500 from companies of which certain of the trustees are directors.” — page 23
“The charity's properties are managed free of charge by a company of which Mr I Moskovitz is a director. A deemed management charge of £22,156 has been recognised in the accounts as a donation.” — page 23
Per its FY2025 accounts as filed with the Charity Commission.
Trading subsidiary: Orphan Support Ltd
“The financial statements consolidate the results of the charity and its wholly owned subsidiary Orphan Support Ltd on a line-by-line basis.” — page 15
Per its FY2025 accounts as filed with the Charity Commission.
Structured financials (annual return, FY ending 05/04/2025)
Total income
£1.2m
Total spending
£466k
Cost of raising funds
£219k
Reserves (reported)
£15k
Employees
0
Trustees
- ISRAEL MOSKOVITZchair
- CHAVI MOSKOVITZ
- SOLOMON REICH
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £1.2m | £466k |
| 05/04/2024 | £889k | £397k |
| 05/04/2023 | £908k | £1.4m |
| 05/04/2022 | £360k | £1.2m |
| 05/04/2021 | £356k | £497k |
Common questions
Is FRIENDS OF ACHIEZER ARAD financially healthy?
The accounts state that the charity reported a net surplus of £779,024 for the year ended 5 April 2025, with total unrestricted funds increasing to £5,803,028. However, the trustees report that free reserves were negative £3,323,972, noting that they are actively pursuing funding sources to ensure future financial stability. Its FY2025 accounts were audited by Xeinadin Audit Limited.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| DAWAT-E-HADIYAH TRUST (UNITED KINGDOM) | 1 | £21.1m |
| NUCHEM AND REISEL SCHLAFF MEMORIAL FUND LIMITED | 1 | £310k |
| WYCHDALE LIMITED | 1 | £258k |
| CHALFORDS LIMITED | 1 | £200k |
| HOLMFIELD CHARITABLE TRUST | 1 | £181k |
| BEIS MENACHEM CHABAD LUBAVITCH | 1 | £102k |
| THE ABC TRUST | 1 | £50k |
| TZEDOKOH VECHESED LIMITED | 1 | £27k |