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home >> charity search >> nes foundation ltd
Finance Score: -10
Governance Score: -5
Support Score: 0
  • Excess reserves: -5
  • Fundraising costs high: -5
  • No conflicts policy: -1
  • Only 3 Trustees: -2
  • Narrow trustee age band: -2
  • No supporters identified
Overall GiG Score: -15 ?

NES FOUNDATION LTD

Granting funds to organisations & individuals in order to pursue the charities objectives.
Analysis by Giving is Great

Regulatory & Governance issues to consider:

  • This charity is not recognised by HMRC for Gift Aid according to its latest published return
  • This charity does not have a Conflict of Interests policy
  • There are only 3 trustees
  • The Board has little diversity in terms of age

Financial issues to consider:

  • This charity has substantial assets and unrestricted reserves of £7,440,603 available, equivalent to 131 months of spending and so may not be able to utilise additional funding
  • Fundraising costs are extremely high relative to funds raised
Find similar charities within: miles

Financial Data ?

Income & Spending ?
Sources of Income ?
Y/E Income
£k		 Spending
£k		 Surplus/
Deficit £k		 Fundraising
Cost £k		 Total
Funds £k		 Unrestricted
Funds £k		 Mths
Rsrvs		 Staff Volun-
teers
31/12/22*£892£680£213£0£7,441£7,441131.400
31/12/21£582£633£-52£0£7,228£7,228136.900
31/12/20£574£545£29£0£7,280£7,280160.330
31/12/19£512£559£-47£0£7,251£7,251155.700
31/12/18£743£678£65£0£7,298£7,298129.100
31/12/17£772£575£197£0£7,150£7,150149.200
31/12/16£828£608£219£0£6,954£6,954137.200
31/12/15*£1,336£581£755£6£5,669£5,66911700
31/12/14£692£578£114£13£4,914£4,914102.100
31/12/13*£885£675£210£7£4,799£4,79985.300
31/12/12*£860£549£311£8£4,589£4,589100.400
31/12/11*£323£458£-135n/an/an/an/an/an/a
31/12/10£320£1,242£-923n/an/an/an/an/an/a
31/12/09£320£1,111£-791n/an/an/an/an/an/a
31/12/08£1,303£687£617£4£5,871£5,871102.600
31/12/07£5,253£3£5,251£2£5,251£5,25124289.500
Show more rows -->

Download accounts
Financial Ratios
Fundraising Costs/Relevant Income: 50%
Fundraising Costs/Total Spending: 32.7%
Highest pay band: Less than £60,000
Liabilities/Assets: 23%
Liabilities/Income: 244%
Unrestricted Funds/Total Funds: 100%
Reserves/Spending: 131.4 months
Net Current Assets/Spending: -0 months
Quick Ratio: 0.7
Asset Split ?
Balance Sheet History
Established: 18 years

02084555518

Charity Commission for England and WalesCompanies House
UN SDGs
?
Listed activities
  • Education/Training
  • General Charitable Purposes
  • Religious Activities
  • The Advancement Of Health Or Saving Of Lives
  • The Prevention Or Relief Of Poverty
GiG Classification
  • Jewish congregations
How it operates
  • Makes grants to individuals
  • Makes grants to organisations
Where it operates
  • Throughout London,
Who it helps
  • Children/Young People
  • Elderly/Old People
  • Other Charities Or Voluntary Bodies
  • People Of A Particular Ethnic Or Racial Origin
  • The General Public/Mankind

Who supports them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (3)
Current Trustees appointed

Age Range of Trustees: 61-68
  • NEHEMIA SHEINFELD, Occupation: Co Director
  • RACHEL SHEINFELD Appointed: 2005, Occupation: Co Director
  • SHELDON MORGENSTERN Appointed: 2014, Occupation: Company Director
Legal constitution
  • Charitable company registered in England & Wales on 02/11/2006, number: 1116612
  • Registered at Companies House on 15/11/2005, number: 05622994
Gift Aid
  • NOT registered with HMRC for Gift Aid
Policies in force
  • Investment
  • Risk management
Filing Record
16 returns made; AR22: 91 days late, AR15: 1 days late, AR13: 20 days late, AR12: 46 days late, AR11: 55 days late,
Main office

FIRST FLOOR
1 BRIDGE LANE
NW11 0EA

Objectives

(I) THE RELIEF OF POVERTY AMONGST THE ELDERLY OR PERSONS IN CONDITIONS OF NEED, HARDSHIP AND DISTRESS WITHIN THE JEWISH COMMUNITY.(II) THE ADVANCEMENT OF THE ORTHODOX JEWISH RELIGION.(III) THE ADVANCEMENT OF EDUCATION ACCORDING TO THE TENETS OF THE ORTHODOX JEWISH RELIGION.(IV) TO PROMOTE ANY CHARITABLE PURPOSE FOR THE BENEFIT OF THE JEWISH COMMUNITY.

Defined Area of Benefit:

NOT DEFINED. IN PRACTICE ISRAEL

Data Sources

Charity Commission for England and Wales

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