Finance Score: 1

Governance Score: -3

Support Score: 0

Liabilities <10%: +3
Excess reserves: -5
Fundraising costs low: +3

Only 4 Trustees: -1
Narrow trustee age band: -2

No supporters identified

Overall GiG Score: -2

MAYHEIGHTS LIMITED

Making grants to institutions and other charities

Analysis by Giving is Great

Positives:

This charity has a robust balance sheet
Fundraising costs are unusually low relative to funds raised

Regulatory & Governance issues to consider:

This charity is not recognised by HMRC for Gift Aid according to its latest published return
This charity only provides its support via other charities
There are only 4 trustees
The Board has little diversity in terms of age

Financial issues to consider:

This charity has substantial assets and unrestricted reserves of £19,113,975 available, equivalent to 124 months of spending and so may not be able to utilise additional funding

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
31/03/23		£2,487	£1,845	£642	£0	£19,114	£19,114	124.3
31/03/22	*	£1,847	£1,824	£23	£0	£18,472	£18,472	121.5
31/03/21		£1,561	£1,601	£-40	£0	£18,449	£18,449	138.3
31/03/20		£4,171	£2,228	£1,943	£0	£18,490	£18,490	99.6
31/03/19		£2,924	£2,887	£37	£0	£16,547	£15,197	63.2
31/03/18		£3,608	£1,506	£2,102	£0	£16,510	£15,160	120.8
31/03/17		£7,784	£1,380	£6,404	£0	£14,408	£13,058	113.6
31/03/16		£2,712	£1,477	£1,235	£2	£8,003	£6,653	54.1
31/03/15		£1,837	£670	£1,167	£5	£6,769	£5,419	97
31/03/14		£2,563	£437	£2,126	£4	£5,617	£4,267	117.2
31/03/13		£819	£486	£333	£4	£3,491	£3,491	86.2
31/03/12		£1,104	£646	£458	£4	£3,158	£3,158	58.7
31/03/11		£1,718	£548	£1,170	£6	£2,700	£2,700	59.1
31/03/10		£1,587	£1,155	£432	£3	£1,530	£1,530	15.9
31/03/09		£718	£794	£-76	£3	£1,097	£1,097	16.6
31/03/08	*	£1,089	£447	£641	£3	£1,173	£1,173	31.5
31/03/07	*	£680	£283	£397	£2	£532	£532	22.5

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Financial Ratios

Fundraising Costs/Relevant Income: 1.4%
Fundraising Costs/Total Spending: 1.4%
Highest pay band: Less than £60,000
Liabilities/Assets: 0%
Liabilities/Income: 2%
Unrestricted Funds/Total Funds: 100%
Reserves/Spending: 124.3 months
Net Current Assets/Spending: 87 months
Quick Ratio: 30.1

Asset Split ?

Established: 18 years
(40 years as a company)

02088061234

Charity Commission for England and Wales

Listed activities

General Charitable Purposes
Religious Activities
The Prevention Or Relief Of Poverty

GiG Classification

Performing and visual arts

How it operates

Makes Grants to Organisations
Provides buildings/facilities/open space

Where it operates

Barnet, Hackney, Israel,

Who it helps

Other Charities Or Voluntary Bodies

Who's supporting them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (4)

Current Trustees appointed

Age Range of Trustees: 49-66

MENASHE EICHENSTEIN Appointed: 2019, Occupation: Company Director, Other trusteeship: THE KOLEL LIMITED,

RACHEL LOW Appointed: 2004, Occupation: Co Secretary

CHAIM LUZER KLEIN Appointed: 2021, Occupation: Property Manager, Other trusteeships: NEXTGRANT LIMITED, ZICHRON MEIR LIMITED,

OSCAR LOW, Occupation: Director, Other trusteeships: NEXTGRANT LIMITED, GILMOOR BENEVOLENT FUND LIMITED, YTV LONDON, KEREN YETEV LEV LTD, FRIENDS OF KH, KEHILAS ADAS YISROEL BOURNEMOUTH LTD,

Legal constitution

Charitable company registered in England & Wales on 25/11/2005, number: 1112291
Registered at Companies House on 03/10/1983, number: 01758168

Gift Aid

NOT registered with HMRC for Gift Aid

Policies in force

Financial reserves policy and procedures
Internal charity financial controls policy and procedures
Investing charity funds policy and procedures
Investment
Risk management
Trustee conflicts of interest policy and procedures

Filing Record

17 returns made; AR22: 7 days late, AR08: 19 days late, AR07: 1 days late,

Main office

36 GILDA CRESCENT
LONDON
N16 6JP

Objectives

(1) THE ADVANCEMENT OF RELIGION IN ACCORDANCE WITH THE ORTHODOX JEWISH FAITH. (2) THE RELIEF OF POVERTY.AND (3) FOR SUCH OTHER PURPOSES AS ARE RECOGNISED BY ENGLISH LAW AS CHARITABLE.

Defined Area of Benefit:

NATIONAL AND OVERSEAS

Data Sources