Sylo Fund Limited

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Northern Ireland-registered charitable company run by members of the Stamford Hill Schreiber family; no grants in 2024–25

SYLO Fund Limited

Type Charitable company limited by guarantee (Northern Ireland)
Founded 19 July 2007 (incorporated)
Registration ID 102313 (Charity Commission for Northern Ireland); company NI065665
Status Registered
Headquarters C/O Tughans Llp, The Ewart, 3 Bedford Square, Belfast, BT2 7EP (registered office, Companies House); public address on the register Mr Moses Schreiber, 58 Portland Avenue, Stamford Hill, London, N15 6EA
Area served "In The Uk" (register)
Registration Northern Ireland (CCNI)
Key people Moses Schreiber, Mayer Schreiber, Nathan Schreiber (directors)

SYLO Fund Limited is a charitable company incorporated in Northern Ireland on 19 July 2007. It was registered with the Charity Commission for Northern Ireland on 20 January 2016.[1][2] Its objects are "the advancement and furtherance of the Jewish Religion and Jewish religious education and the alleviation of poverty among the Jewish Community throughout the World".[1] Its registered office is with the Belfast law firm Tughans, the same address as Atlas Memorial Limited, while its public address on the register is in Stamford Hill, London.[2][1] Its trustees' report says it "was set up with the aim of supporting religious Jewish educational institutions and charitable organisations", that it "did not make any donations this year" (2024–25), and that it "is reliant on investment income and voluntary donations from companies connected with the trustees".[3]

Registration

The register describes the charity's work as "Grant making" for "Adult training, Ethnic minorities, Older people", and lists its area of operation as "In The Uk".[1] The CCNI recorded its 2024–25 return as "Received: 63 days late".[1] Its accounts were examined by M A Venitt of Venitt and Greaves, Chartered Accountants, 115 Craven Park Road, South Tottenham, London, N15 6BL. They give the registered office as Marlborough House, 30 Victoria Street, Belfast, BT1 3GS.[3] Companies House gives the registered office as C/O Tughans Llp, The Ewart, 3 Bedford Square, Belfast, Northern Ireland, BT2 7EP.[2]

People

The register lists three trustees: Mr Joel Schreiber, Mr Mayer Schreiber and Mr Moses Schreiber. Its public address is "Mr Moses Schreiber, 58 Portland Avenue, Stamford Hill, London, N15 6EA".[1] The 2024–25 accounts list the trustees as "M Schreiber, N Schreiber, M Schreiber" and the company secretary as "Mr. M Schreiber".[3] Companies House records Joel Schrieber as having resigned as a director on 15 September 2017. The register still lists Joel Schreiber as a trustee.[2][1]

Officers of SYLO Fund Limited (NI065665), Companies House
Name (as filed) Role Born Nationality Correspondence address Appointed Resigned
Moses Schrieber Director; secretary August 1986 United Kingdom (director); American (secretary) Marlborough House, 30 Victoria Street, Belfast, BT1 3GS 19 July 2007 —
Mayer Schreiber Director September 1993 United Kingdom C/O Tughans Llp, The Ewart, 3 Bedford Square, Belfast, BT2 7EP 20 July 2010 —
Nathan Schreiber Director August 1991 British C/O Tughans Llp, The Ewart, 3 Bedford Square, Belfast, BT2 7EP 15 September 2017 —
Joel Schrieber Director March 1981 American Marlborough House, 30 Victoria Street, Belfast, BT1 3GS 19 July 2007 15 September 2017
Joseph Aryeh Schrieber Director January 1977 American 1545 46th Street, 3rd Floor, Brooklyn, New York NY 11219 19 July 2007 20 July 2010

Companies House lists Mr Moses Schreiber (born August 1986) as the company's person with significant control from 6 April 2016, with the correspondence address 147 Stamford Hill, London, N16 5LG.[2] The register doesn't list Nathan Schreiber. Companies House records his appointment as a director on 15 September 2017, the day Joel Schrieber resigned, while the 2017 accounts give Nathan Schreiber's appointment as "15.7.17".[4][5] The accounts up to 2025 still give the registered office as Marlborough House, 30 Victoria Street, Belfast, BT1 3GS, although Companies House records the move to The Ewart on 15 May 2023.[3][4] Companies House records that the identity of the person with significant control, Moses Schreiber, was verified on 17 November 2025 by "YEMES SERVICES LIMITED ACSP".[2]

History

SYLO Fund Limited was incorporated on 19 July 2007 through Tughans, whose office was then at Marlborough House, 30 Victoria Street, Belfast, BT1 3GS. The incorporation form names three directors, all American nationals with addresses in Brooklyn, New York: Moses Schreiber, who was also secretary (103 Harrison Avenue, Floor 3, Brooklyn, New York, NY 11206), Joel Schreiber (1549 55th Street, 3rd Floor, Brooklyn, New York) and Joseph Aryeh Schreiber (1545 46th Street, 3rd Floor, Brooklyn, New York, NY 11219). Tughans signed the form as agent for the subscribers.[6] Mayer Schreiber was appointed a director on 20 July 2010, two months before his 17th birthday, and Joseph Aryeh Schrieber (as Companies House spells the name) resigned the same day. Both changes were filed on 6 July 2011.[4][2] The company shortened its accounting reference period by one day on 24 April 2012, 24 July 2012 and 26 April 2017.[4]

The 2012 accounts give the charity registration number only as "Northern Ireland".[7] The charity was entered on the Charity Commission for Northern Ireland register on 20 January 2016, and its 2017 accounts give the number NIC102313.[1][5]

Finances

The trustees' report for 2012 says the charity "is reliant mainly on voluntary donations from companies connected with the trustees or their family members", and that in that year it supported "educational and other charitable institutions both in Great Britain and abroad".[7]

SYLO Fund Limited: statement of financial activities (£), years to 31 July
Year Income Total expenditure Of which donations or charitable activities Funds at year end Source
2008 (from 19 July 2007) 398,479 396,859 391,642 1,620 [8]
2011 8,901 308,155 306,250 (299,560) [9]
2012 2,920,701 1,839,644 1,753,880 781,497 [7]
2013 176,104 252,234 77,000 705,367 [10]
2014 152,655 212,832 500 645,190 [11]
2015 693,351 822,526 (plus a realised loss of 18,070 on the property sale) 717,000 497,945 [12]
2020 30,000 129,258 128,045 515,022 [13]
2021 10,000 544,397 543,899 (19,375) [14]
2024 0 3,272 0 (32,272) [3]
2025 0 1,305 0 (33,577) [3]

The trustees' reports for 2020 and 2021 both say "The charity did not make any donations this year", while the statements of financial activities for those years record charitable expenditure of £128,045 and £543,899.[13][14] The 2011 and 2012 accounts say that a separate publication, "Sylo Fund Limited: Schedule of Charitable Donations", is available to the public "by writing to the Secretary" at Marlborough House, Belfast, "by Registered Post". No grantee is named in any year's accounts apart from the SF Foundation.[9][7]

Donations from and to connected bodies

  • In the year to 31 July 2011 the charity received £5,330, which the accounts describe as "from a charity connected to the family members of the trustees of this charity". It paid out £306,250, and at the year end it owed £305,000 in other creditors, which the 2012 accounts describe as "amounts owed to companies connected to the family members of the trustees".[9][7]
  • In the year to 31 July 2012 it received a donation of £2,750,000 from Citycentral Properties Limited, "a company registered in England and Wales. The director of this company is connected to the trustees of the charity."[7] Citycentral Properties Limited (03561174) was registered at Room 1 Ground Floor, 147 Stamford Hill, London, N16 5LG. Its directors were David Schreiber and Osias Schreiber, and its secretary was Rifka Niederman. It was dissolved on 12 December 2017.[15]
  • The accounts for the year to 31 July 2013 say: "During the year the Company received donation of £3,880 and made donation of £77,000 to SF Foundation, a charitable company registered in England and Wales. The directors of this company are connected to the trustees of the charity." In the following year it gave the SF Foundation £500, and received £10,000 in donations from a source the accounts don't name.[10][11]
  • In the year to 31 July 2015 it received £420,000 from Lakeview Estates (UK) Limited and £200,000 from Midos Students Two Limited; the accounts say "The directors of these companies are connected with the trustees of the company." In the same year it gave £620,000 to the SF Foundation, out of total donations of £717,000.[12]

SF Foundation

The SF Foundation (charity 1105843; company 05213113) is at 143 Upper Clapton Road, London, E5 9DB. Its trustees are Rivka Niederman, Miriam Schreiber and Hannah Lipschitz. The Charity Commission register lists its areas of operation as Israel, the United States and Switzerland.[16]

The SF Foundation's own accounts don't name SYLO Fund Limited. For the years to 31 January 2013, 2015 and 2016 they give only a total for donations "from entities connected with the trustees": £2,526,035, £3.7m and £1.5m respectively.[17][18][19] Its accounts for the years to 31 January 2021 and 2022 name each connected donor that gave £100,000 or more; SYLO Fund Limited isn't among them.[20][21] The 2013 and 2016 accounts don't name the SF Foundation's grant recipients. They refer readers to a "Schedule of Charitable Donations" available "at a cost of £25" by registered post, and the 2016 accounts say "Disclosure of the various institutions would seriously prejudice the charity and its recipients."[17][19]

Investment property

The 2012 trustees' report says "The charity's investment property acquired during the year is held by Cornhall Limited, a company registered in England and Wales and which act as bare trustee", and that "The property is rented to a company connected to a family member of the trustees." The accounts record the property at its cost of £2,715,288.[7] They also record bank loans of £1,991,067 at 31 July 2012 (£70,000 due within a year and £1,921,067 later). According to the notes, "The bank loan is for a period of 7 years and interest is charged at 3 month LIBOR plus 4.25% p.a. The loan is secured on the freehold investment property together with a personal guarantee of Mr J. Schreiber of £500,000." Rental income of £58,888 "was received from a company connected to a family member of the trustees".[7]

Cornhall Ltd (07716759) was registered at 147 Stamford Hill, London, N16 5LG. Its director was Jacob Schreiber and its secretary was Rivky Niederman, both from 28 July 2011. Its only registered charge was a legal charge created on 21 February 2012 in favour of Punjab National Bank (International) Limited over "land and property known as alfa house, molesey road, hersham, surrey, t/no: SY764198". The company was dissolved on 13 December 2016, and Companies House still records the charge as outstanding.[22] The previous occupier of Alfa House, Alfa Self-Storage (Hersham) Limited, had gone into administration on 13 June 2011.[23]

The charity paid "investment management fees" of £75,000 (2013), £115,000 (2014) and £60,000 (2015). The accounts don't say who received them.[11][12] According to the 2015 accounts, "On 19 January 2015, the investment property held by Cornhall Limited, a company which acts as bare trustee of the charity, was sold for £2.7m", and "The loan was repaid in January 2015."[12]

Loan

At 31 July 2015 the charity had "Other debtors" of £500,000. The accounts say these "relate to a loan advanced and is secured on the freehold property of the borrower. Interest is charged at 6% pa."[12] The accounts don't name the borrower. The charity's debtors stood at £530,000 at 31 July 2019 and 2020, and at nil at 31 July 2021, when the charity had £79 in the bank.[13][14] Its funds have been negative since then, and the accounts for 2024 and 2025 record no income. The 2025 trustees' report says it "is reliant on investment income and voluntary donations from companies connected with the trustees".[3]

Accountants

Cohen Arnold of New Burlington House, 1075 Finchley Road, London, NW11 0PU were the charity's accountants for the 2008 accounts and audited the 2012 accounts. Its partner Jonathan Schwarz FCA was independent examiner from 2013 to 2016.[8][7][10] From 2017 the examiner was M A Venitt of Venitt and Greaves.[5] The 2012 auditor's report says the auditors were appointed "under the Companies Act 2006 and Section 151 of the Charities Act 2011". The 2025 examiner's report refers to "Section 145 of the Charities Act 2011" and to "the Directions given by the Charity Commission".[7][3]

Contact details

The telephone number on the register, 02088025492, is the number the Midos Group gives on its website, alongside its address at 147 Stamford Hill, London, N16 5LG.[1][24] The same number is given on the Charity Commission register for The Schreib Trust, the SF Foundation, the Channa Schreiber Trust and Hatzolah Air.[16]

See also

Notes

  1. ↑ 1.0 1.1 1.2 1.3 1.4 1.5 1.6 1.7 1.8 Charity Commission for Northern Ireland, SYLO FUND LIMITED (102313) Register of Charities, accessed 11 November 2026.
  2. ↑ 2.0 2.1 2.2 2.3 2.4 2.5 2.6 Companies House, SYLO FUND LIMITED (NI065665): company overview, officers and persons with significant control Find and update company information, accessed 11 November 2026.
  3. ↑ 3.0 3.1 3.2 3.3 3.4 3.5 3.6 3.7 SYLO Fund Limited, Report of the Trustees and Unaudited Financial Statements for the year ended 31 July 2025 (PDF), approved 16 April 2026, filed with the Charity Commission for Northern Ireland, accessed 11 November 2026.
  4. ↑ 4.0 4.1 4.2 4.3 Companies House, SYLO FUND LIMITED (NI065665): filing history Find and update company information, accessed 11 November 2026.
  5. ↑ 5.0 5.1 5.2 SYLO Fund Limited, Report of the Trustees and Unaudited Financial Statements for the year ended 31 July 2017 (PDF), filed with Companies House 17 May 2018, accessed 11 November 2026.
  6. ↑ Companies House, SYLO FUND LIMITED (NI065665): incorporation documents, 19 July 2007, accessed 11 November 2026.
  7. ↑ 7.0 7.1 7.2 7.3 7.4 7.5 7.6 7.7 7.8 7.9 SYLO Fund Limited, Financial Statements 31 July 2012 (PDF), audited by Cohen Arnold, filed with Companies House 25 March 2013, accessed 11 November 2026.
  8. ↑ 8.0 8.1 SYLO Fund Limited, Financial Statements for the period 19 July 2007 to 31 July 2008 (PDF), filed with Companies House 1 June 2009, accessed 11 November 2026.
  9. ↑ 9.0 9.1 9.2 SYLO Fund Limited, Financial Statements for the year ended 31 July 2011 (PDF), filed with Companies House 29 November 2012, accessed 11 November 2026.
  10. ↑ 10.0 10.1 10.2 SYLO Fund Limited, Financial Statements for the year ended 31 July 2013 (PDF), filed with Companies House 6 May 2014, accessed 11 November 2026.
  11. ↑ 11.0 11.1 11.2 SYLO Fund Limited, Financial Statements for the year ended 31 July 2014 (PDF), filed with Companies House 5 May 2015, accessed 11 November 2026.
  12. ↑ 12.0 12.1 12.2 12.3 12.4 SYLO Fund Limited, Financial Statements for the year ended 31 July 2015 (PDF), filed with Companies House 25 April 2016, accessed 11 November 2026.
  13. ↑ 13.0 13.1 13.2 SYLO Fund Limited, Report of the Trustees and Unaudited Financial Statements for the year ended 31 July 2020 (PDF), filed with Companies House 28 April 2021, accessed 11 November 2026.
  14. ↑ 14.0 14.1 14.2 SYLO Fund Limited, Report of the Trustees and Unaudited Financial Statements for the year ended 31 July 2021 (PDF), filed with Companies House 28 April 2022, accessed 11 November 2026.
  15. ↑ Companies House, CITYCENTRAL PROPERTIES LIMITED (03561174): officers Find and update company information, accessed 11 November 2026.
  16. ↑ 16.0 16.1 Charity Commission, Register of Charities public extract (tables charity, charity_trustee and charity_area_of_operation), 14 October 2026, entry for SF Foundation (1105843), accessed 11 November 2026.
  17. ↑ 17.0 17.1 S F Foundation, Financial Statements for the year ended 31 January 2013 (PDF), audited by Cohen Arnold, filed with Companies House 22 January 2014, accessed 11 November 2026.
  18. ↑ S F Foundation, Financial Statements for the year ended 31 January 2015 (PDF), audited by Cohen Arnold, filed with Companies House 28 November 2015, accessed 11 November 2026.
  19. ↑ 19.0 19.1 S F Foundation, Financial Statements for the year ended 31 January 2016 (PDF), filed with Companies House 2 December 2016, accessed 11 November 2026.
  20. ↑ S F Foundation, Financial Statements for the year ended 31 January 2021 (PDF), filed with Companies House 6 January 2022, accessed 11 November 2026.
  21. ↑ S F Foundation, Financial Statements for the year ended 31 January 2022 (PDF), filed with Companies House 28 November 2022, accessed 11 November 2026.
  22. ↑ Companies House, CORNHALL LTD (07716759), officers and charge Find and update company information, accessed 11 November 2026.
  23. ↑ The Gazette, Alfa Self-Storage (Hersham) Limited: meetings of creditors, notice L-59868-1412727, 3 August 2011, accessed 11 November 2026.
  24. ↑ Midos Group, Contact midosgroup.co.uk, accessed 11 November 2026.
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