Interim manager takes charge of religious charity amid financial concerns

The regulator has appointed an interim manager at a charity under investigation amid concerns around late filing of accounts, how it appointed trustees and loan agreements it entered into.

An investigation was opened into Jewish charity Beth Yosef Foundation in Devember 2016 over concerns around its administration and financial management.

This includes looking at its potential liabilities and debts as well as how it manages conflicts of interest.

The Charity Commission has announced that Guy Hollander of Mazars has een appointment to take on the management of the charity “to the exclusion of its trustees”.

The charity’s entry on the Charity Commission’s register shows that it had been late filing accounts for the reporting years, July 2017 through to July 2019. All were eventually filed in November 2020.

It has two trustees and its latest financial return for the financial year ending shows sit had no income and its total expenditure was £3,240.

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