MENORAH FOUNDATION

Charity number: 1044649
Charity reporting is up to date (on time)

Charity overview

Activities - how the charity spends its money

Objectives of Menorah Foundation are: - To advance Orthodox Jewish Education, including, in particular, but without prejudice, as to the generality of the aforegoing, providing financial support support to the Menorah Foundation School - To advance the religion of the Jewish Faith in accordance with Orthodox practice - Other purposes as recognised by the law of England and Wales as charitable

Income and expenditure

Data for financial year ending 31 August 2023

Total income:
£1,553,183

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Donations and legacies £1.55m
Charitable activities £0
Other trading activities £0
Investments £0
Other £0

Total expenditure:
£1,499,975

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Raising funds £0
Charitable activities £1.50m
Other £0

£0 investments gains (losses)

Total income includes £194,564 from 1 government grant(s)

Charitable expenditure

Charitable expenditure

Some charities generate all, or a substantial part, of their income from investments which may have been donated to the charity as endowment or set aside by the charity from its own resources in the past. Such investments usually take the form of stocks and shares but may include other assets, such as property, that are capable of generating income and/or capital growth.

In managing their spending and investments charities need to strike a balance between the needs of future and current beneficiaries. They also need to take account of spending commitments that may stretch over a number of future years. To do this, charities will normally adopt an investment strategy designed to generate both income and capital growth. To maximise returns trustees may commit to investment strategies for several years.

Investments can experience large swings in value so trustees may, in a particular year, decide to realise and spend part of their charity’s capital or to invest part of its income.

By clicking the investment gains checkbox the charitable spending bar is adjusted to take account of capital growth as well as income. This shows the balance the charity is striking, between spending on current beneficiaries and retaining resources for future beneficiaries.

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Raising funds and other expenditure £0
Charitable expenditure £1.50m
Retained for future use £53.21k

People

7 Trustee(s)

Employees with total benefits over £60,000

No information available

Fundraising

No information available

Trading

This charity does not have any trading subsidiaries.

Trustee payments

No trustees receive any remuneration, payments or benefits from the charity.

What, who, how, where

Main way of carrying out purposes is grant making
What the charity does:
  • General Charitable Purposes
  • Education/training
  • Religious Activities
Who the charity helps:
  • Children/young People
How the charity helps:
  • Makes Grants To Organisations
  • Provides Human Resources
Where the charity operates:
  • Barnet

Governance

Registration history:
  • 03 March 1995: Standard registration
Organisation type:
Trust
Other names:
  • MFS (Working name)
  • MENORAH FOUNDATION SCHOOL CHARITABLE TRUST (Previous name)
Gift aid:
Recognised by HMRC for gift aid
Other regulators:
  • Ofsted (Office For Standards In Education)
Policies:
  • Bullying and harassment policy and procedures
  • Complaints handling
  • Complaints policy and procedures
  • Conflicting interests
  • Engaging external speakers at charity events policy and procedures
  • Financial reserves policy and procedures
  • Internal charity financial controls policy and procedures
  • Internal risk management policy and procedures
  • Investing charity funds policy and procedures
  • Investment
  • Paying staff
  • Risk management
  • Safeguarding policy and procedures
  • Safeguarding vulnerable beneficiaries
  • Serious incident reporting policy and procedures
  • Social media policy and procedures
  • Trustee expenses policy and procedures
  • Volunteer management
Land and property:
This charity owns and/or leases land or property

Trustees

Trustees are the people responsible for controlling the work, management and administration of the charity on behalf of its beneficiaries. Generally trustees are treasurer, chair, board member etc. The trustees are responsible for keeping this list up to date and can do this by updating their details as they happen through the online service

7 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
Adrian Mark Jacobs BEM Chair 01 November 2023
HENDON ADATH YISROEL CONGREGATION
Received: On time
BRITISH FRIENDS OF THE LAND OF ISRAEL
Received: On time
HENDON ADATH LIMITED
Received: On time
ONE GREAT DAY
Received: On time
THE HUNTINGDON FOUNDATION LIMITED
Received: On time
ISRAEL SPECIAL KIDS FUND - UK
Received: On time
Benjamin Mark Finger Trustee 12 February 2024
None on record
Brendan Martin Stern Trustee 12 February 2024
None on record
NATHAN BARUCH JACKSON Trustee 01 November 2023
None on record
DALIA MICHAL MESHULAM Trustee 01 November 2023
None on record
ALAN KORMAN Trustee 01 November 2023
None on record
DANIEL WULWICK Trustee 02 September 2021
None on record

Financial history

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Financial period end date

Income / Expenditure 31/08/2019 31/08/2020 31/08/2021 31/08/2022 31/08/2023
Total gross income £1.21m £996.46k £978.31k £1.49m £1.55m
Total expenditure £981.22k £1.09m £1.05m £1.38m £1.50m
Income from government contracts N/A N/A N/A N/A N/A
Income from government grants £168.22k £36.18k £40.89k £123.22k £194.56k
Income - Donations and legacies £963.84k £960.14k £937.40k £1.30m £1.55m
Income - Other trading activities £0 £0 £0 £0 £0
Income - Charitable activities £0 £0 £0 £0 £0
Income - Endowments £0 £0 £0 £0 £0
Income - Investment £122 £137 £10 £0 £0
Income - Other £247.84k £36.18k £40.89k £190.38k £0
Income - Legacies £0 £0 £0 £0 £0
Expenditure - Charitable activities £892.16k £999.83k £957.58k £1.38m £1.50m
Expenditure - Raising funds £0 £0 £10.29k £0 £0
Expenditure - Governance £7.20k £10.83k £2.64k £13.80k £0
Expenditure - Grants institution £884.96k £989.00k £954.94k £1.28m £1.50m
Expenditure - Investment management £0 £0 £0 £0 £0
Expenditure - Other £89.06k £86.90k £80.44k £0 £0

Assets and liabilities

Definitions for assets and liabilities
Own use assets

These are assets, other than investments, which are held for more than 12 months and used to run and administer the charity such as buildings, offices, exhibits and fixtures and fittings.

Long term Investments

Investments are assets held by the charity with the sole aim of generating income which will be used for their charitable purposes such as deposit accounts, shares, rental property and unit trusts.
Investment assets are re-valued every year and included in the balance sheet at their current market value.
Long term investments are held for more than 12 months.

Other assets

These are assets held generally for less than 12 months such as cash and bank balances, debtors, investments to be sold within the coming year and trading stock.

Defined benefit pension scheme asset or liability

This is a surplus or deficit in any defined benefit pension scheme operated and represents a potential long-term asset or liability.

Total liabilities

These are all the amounts owed by the charity at the balance sheet date to third parties such as bills due but not yet paid, bank overdrafts and loans and mortgages.

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Asset / Liability 31/08/2019 31/08/2020 31/08/2021 31/08/2022 31/08/2023
Own use assets £0 £2.25m £2.21m £2.26m £2.34m
Long-term investments £2.30m £0 £0 £0 £0
Other assets £238.98k £192.96k £150.11k £224.23k £208.99k
Defined benefit pension scheme asset or liability £0 £0 £0 £0 £0
Total liabilities £19.55k £9.84k £2.88k £13.80k £20.40k

Accounts and annual returns

This table shows the charity's record of submitting annual returns, accounts and trustees' annual report (TAR) for the last five financial periods.
Title Reporting year Date received Received Download
Annual return 31 August 2023 26 June 2024 On Time
Accounts and TAR 31 August 2023 26 June 2024 On Time Download Open in new window
Annual return 31 August 2022 10 October 2023 102 days late
Accounts and TAR 31 August 2022 10 October 2023 102 days late Download Open in new window
Annual return 31 August 2021 22 June 2022 On Time
Accounts and TAR 31 August 2021 22 June 2022 On Time Download Open in new window
Annual return 31 August 2020 28 May 2021 On Time
Accounts and TAR 31 August 2020 28 May 2021 On Time Download Open in new window
Annual return 31 August 2019 30 June 2020 On Time
Accounts and TAR 31 August 2019 30 June 2020 On Time Download Open in new window
Submit annual return Open in new window

Governing document

Details of the type of governing document the charity has and when it was established.
It is not the full text of the charity's governing document.

TRUST DEED DATED 10 APRIL 1992 AS AMENDED BY A SUPPLEMENTAL DEED DATED 14 FEBRUARY 1995

Charitable objects

(1) TO ADVANCE ORTHODOX JEWISH EDUCATION INCLUDING IN PARTICULAR BUT WITHOUT PREJUDICE AS TO THE GENERALITY OF THE AFOREGOING PROVIDING FINANCIAL SUPPORT TO THE MENORAH FOUNDATION SCHOOL OF FINCHLEY ROAD LONDON NW11 (2) TO ADVANCE THE RELIGIOUS OF THE JEWISH FAITH IN ACCORDANCE WITH THE ORTHODOX PRACTICE (3) SUCH OTHER PURPOSES AS ARE RECOGNISED BY THE LAW OF ENGLAND AND WALES AS CHARITABLE

Area of benefit

The area the charity can operate in, as set out in its governing document.

NOT DEFINED

Contact information

Address:
13 BEAUFORT GARDENS
LONDON
NW4 3QN
Phone:
02082034195
Email:
adrian@adrianjacobs.co.uk
Website:

No information available