Finance Score: -1

Governance Score: -5

Support Score: 3

Low unrestricted reserves: -2
Reasonable growth: +1

Only 3 Trustees: -2
All male board: -3

Gov Income
Grant maker support: +3

Overall GiG Score: -3

BROOM FOUNDATION

Advance education with the doctrines and principles of orthodox Judaism by the establishment of, support and provision of educational establishments; to relieve poverty in the Jewish community; and any further such charitable purposes as the trustees may determine.

Analysis by Giving is Great

Positives:

The charity has received Government grants
There has been reasonable growth in spending over the last 3 years relative to the previous period
There have been no material income shortfalls in recent years

Regulatory & Governance issues to consider:

There are only 3 trustees
The Board is completely male

Financial issues to consider:

Unrestricted reserves appear to be dangerously low at the latest year end

Financial Data ?

Income & Spending ?

Sources of Income ?

Y/E		Income £k	Spending £k	Surplus/ Deficit	Fundraising Cost £k	Total Funds £k	Unrestricted Funds £k	Mths Rsrvs	Staff
05/04/23		£4,695	£4,824	£-128	£0	£1,041	£1,041	2.6	6
05/04/22		£4,154	£3,952	£203	£0	£1,170	£1,170	3.6	6
05/04/21		£3,474	£3,386	£87	£0	£967	£967	3.4	6
05/04/20		£3,267	£3,277	£-10	£0	£879	£879	3.2	7
05/04/19		£3,219	£3,159	£60	£0	£889	£889	3.4	6
05/04/18		£2,696	£2,803	£-107	£0	£829	£829	3.6	6
05/04/17		£2,812	£2,703	£109	£0	£936	£936	4.2	6
05/04/16		£2,144	£2,050	£94	£0	£827	£827	4.8	6
05/04/15		£2,111	£2,057	£54	£7	£733	£733	4.3	5
05/04/14	*	£1,881	£1,842	£39	£46	£679	£679	4.4	1
05/04/13	*	£1,584	£1,535	£49	£36	£640	£640	5	1
05/04/12	*	£1,605	£1,766	£-161	£9	£592	£592	4	0
05/04/11		£1,557	£1,392	£165	£12	£753	£753	6.5	2
05/04/10		£1,261	£1,275	£-13	£10	£587	£587	5.5	0
05/04/09	*	£1,302	£1,286	£16	£9	£601	£601	5.6	1
05/04/08?	*	£1,204	£1,213	£-9	£14	£585	£585	5.8	0
05/04/06	*	£1,768	£1,237	£531	£0	£0	£0	n/a	0
05/04/05	*	£970	£811	£159	£0	£0	£0	n/a	0
05/04/04	*	£875	£951	£-76	£0	£0	£0	n/a	0

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Financial Ratios

Fundraising Costs/Relevant Income: 0%
Fundraising Costs/Total Spending: 0%
Highest pay band: Less than £60,000
Liabilities/Assets: 1%
Liabilities/Income: 0%
Unrestricted Funds/Total Funds: 100%
Reserves/Spending: 2.6 months
Net Current Assets/Spending: 3 months
Quick Ratio: 36.8

Asset Split ?

Established: 23 years

office@broomfoundation.org.uk

01617922138

Charity Commission for England and Wales

Listed activities

Education/Training
General Charitable Purposes
Religious Activities
The Prevention Or Relief Of Poverty

GiG Classification

Jewish congregations

How it operates

Makes Grants to Organisations

Where it operates

Scotland, Throughout England And Wales,

Who it helps

People Of A Particular Ethnic Or Racial Origin

Who works here?

6 employees

Who's supporting them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (3)

Gender Split

ABRAHAM VOGIEL, Other trusteeships: A AND N TRUST FUND, THE BERSAM TRUST, THE ASHWELL TRUST,

BENJAMIN LEITNER, Other trusteeships: CHASSIDEI BELZ MANCHESTER, MALBIN TRUST, OHR TORAH LTD,

DAVID NEUWIRTH, Occupation: P A, Other trusteeships: OHR TORAH LTD, NEW MARSTON LIMITED, THE HELPING FOUNDATION, THE REISNER CHARITABLE FOUNDATION LTD, BELZ COMMUNITIES, RNH SYNAGOGUE & COLLEGE LTD, THE SANZ FOUNDATION, BRITISH FRIENDS OF EZRAT YISRAEL KIRYAT SEFER, LEHATZLIACH (HELPING EVERY CHILD SUCCEED), CONVALESCENT RETREAT LIMITED, THE SYMPATHETIC TRUST,

Legal constitution

Charity registered in England & Wales on 03/01/2001, number: 1084316

Gift Aid

Registered with HMRC for Gift Aid

Policies in force

Complaints handling
Complaints policy and procedures
Conflicting interests
Internal risk management policy and procedures
Investing charity funds policy and procedures
Investment
Paying staff
Risk management
Trustee conflicts of interest policy and procedures
Volunteer management

Filing Record

19 returns made; AR14: 2 days late, AR13: 1 days late, AR12: 32 days late, AR09: 7 days late, AR08: 92 days late, AR06: 1 days late, AR05: 180 days late, AR04: 239 days late,

Main office

28 Broom Lane
Salford
M7 4FX

Objectives

A) ADVANCE EDUCATION IN ACCORDANCE WITH THE DOCTRINES AND PRINCIPLES OF ORTHODOX JUDAISM BY THE ESTABLISHMENT, SUPPORT AND PROVISION OF EDUCATIONAL ESTABLISHMENTSB) RELIEVE POVERTY AMONGST THE JEWISH COMMUNITY; ANDC) FURTHER SUCH OTHER CHARITABLE PURPOSES AS THE TRUSTEES MAY DETERMINE

Defined Area of Benefit:

NOT DEFINED

Data Sources