Finance Score: 3

Governance Score: -12

Support Score: 0

Poor Liquidity: -1
Reasonable growth: +1
Fundraising costs low: +3

Only 3 Trustees: -2
Narrow trustee age band: -2
Very static board: -5
All male board: -3

No supporters identified

Overall GiG Score: -9

TORAH VODAAS LIMITED

Torah Vodaas is a boys primary school. The school's objectives are to provide on a non profit basis religious and secular education to children of priamry school age primarily for members of the orthodox Jewish community.

Analysis by Giving is Great

Positives:

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
Fundraising costs are unusually low relative to funds raised
A significant proportion of recent income was derived from major grant makers including the Government

Regulatory & Governance issues to consider:

There are only 3 trustees
The Board is completely male
The Board composition appears to be very static and has little diversity in terms of age

Financial issues to consider:

Liquidity appears to have been slender 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
31/08/22		£2,185	£2,334	£-149	£22	£232	£232	1.2	125
31/08/21		£2,162	£2,008	£154	£26	£380	£380	2.3	114
31/08/20		£1,970	£1,697	£273	£2	£226	£226	1.6	63
31/08/19		£1,693	£1,613	£80	£46	£-47	£-47	-0.3	62
31/08/18		£1,526	£1,544	£-19	£4	£-127	£-127	-1	60
31/08/17		£1,317	£1,424	£-106	£28	£-108	£-108	-0.9	55
31/08/16		£1,204	£1,112	£92	£0	£-1	£-1	-0	49
31/08/15		£1,133	£1,096	£37	£32	£-94	£-94	-1	44
31/08/14		£924	£998	£-74	£5	£-130	£-130	-1.6	37
31/08/13		£846	£865	£-19	£13	£-56	£-56	-0.8	31
31/08/12		£824	£740	£84	£41	£-37	£-37	-0.6	26
31/08/11	*	£686	£759	£-74	£8	£-121	£-121	-1.9	30
31/08/10		£721	£718	£3	£22	£-47	£-47	-0.8	30
31/08/09		£641	£699	£-58	£10	£-50	£-50	-0.9	20
31/08/08		£594	£627	£-34	£21	£8	£8	0.1	26
31/08/07	*	£513	£523	£-10	£32	£42	£42	1	23
31/08/06		£529	£393	£136	£0	£0	£0	n/a	0
31/08/05		£245	£240	£5	£0	£0	£0	n/a	0
31/08/04		£234	£243	£-9	£0	£0	£0	n/a	0

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Financial Ratios

Fundraising Costs/Relevant Income: 1%
Fundraising Costs/Total Spending: 1%
Highest pay band: Less than £60,000
Liabilities/Assets: 55%
Liabilities/Income: 13%
Unrestricted Funds/Total Funds: 100%
Reserves/Spending: 1.2 months
Net Current Assets/Spending: -1 months
Quick Ratio: 0.3

Asset Split ?

Established: 22 years

02087310777

Charity Commission for England and Wales

Listed activities

Education/Training

GiG Classification

Other facilities management and maintenance

How it operates

Provides buildings/facilities/open space
Provides human resources

Where it operates

Barnet,

Who it helps

Children/Young People

Who works here?

125 employees

Who's supporting them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (3)

Current Trustees appointed

Gender Split

Age Range of Trustees: 58-64

ARIEH LEIB LEVISON Appointed: 2016, Occupation: Company Director, Other trusteeships: PROJECT S E E D, THE FRIENDS OF YESHIVAS BRISK, FRIENDS OF KUPAT HAKAHAL KIRHYAT SEFER, PONEVEZ INSTITUTIONS BNEI-BRAQ ISRAEL, AREIVIM, BEIS BRUCHA LTD, TAHAROS BEIYUN, FRIENDS OF ORCHOS TORAH, FRIENDS OF DR ADLER'S SURGERY,

JULIAN BAMBERGER Appointed: 2001, Occupation: Businessman, Other trusteeship: BRITISH FRIENDS OF IGUD HAKOLELIM B'YERUSHALAYIM,

SOLOMON KLOR Appointed: 2016, Occupation: Company Director, Other trusteeship: TORAH VOCHESED BUILDINGS LIMITED,

Legal constitution

Charitable company registered in England & Wales on 29/05/2002, number: 1092266
Registered at Companies House on 25/10/2001, number: 04311026

Gift Aid

Registered with HMRC for Gift Aid

Other Regulators

Ofsted (Office For Standards In Education)

Policies in force

Complaints handling
Conflicting interests
Paying staff
Risk management
Safeguarding vulnerable beneficiaries

Filing Record

19 returns made; AR11: 25 days late, AR07: 287 days late,

Main office

15 ALBA GARDENS
LONDON
NW11 9NS

Objectives

THE OBJECTS FOR WHICH THE COMPANY IS ESTABLISHED ARE THE ADVANCEMENT OF JEWISH RELIGIOUS EDUCATION AND EDUCATION GENERALLY AND IN PARTICULAR TO ESTABLISH MAINTAIN AND MANAGE A PRIMARY SCHOOL IN LONDON FOR BOYS OF THE JEWISH FAITH.

Defined Area of Benefit:

GREATER LONDON (GOLDERS GREEN, HENDON & BARNET)

Data Sources