Finance Score: 3
Governance Score: -7
Support Score: 0
  • Liabilities <10%: +3
  • Excess reserves: -5
  • Strong growth: +2
  • Fundraising costs low: +3
  • No conflicts policy: -1
  • Only 3 Trustees: -2
  • Narrow trustee age band: -2
  • Very static board: -5
  • Gender balanced board: +3
  • No supporters identified
Overall GiG Score: -4 ?

MAYSEC LTD

THE ADVANCEMENT OF EDUCATION ACCORDING TO THE TENETS OF THE JEWISH RELIGION FOR THE PUBLIC BENEFIT BY PROVIDING AND ASSISTING IN THE PROVISION OF APPROPRIATE FACILITIES REQUIRED FOR SUCH PURPOSES.TO PROMOTE ANY PURPOSE FOR PUBLIC BENEFIT THAT THE TRUSTEES MAY DECIDE AND THAT IS LEGALLY CONSIDERED CHARITABLE ACCORDING TO THE LAW OF ENGLAND AND WALES
Analysis by Giving is Great

Positives:

  • This charity has a robust balance sheet
  • There has been strong growth in spending over the last 5 years
  • Fundraising costs are 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
  • This charity does not have a Conflict of Interests policy
  • There are only 3 trustees
  • The Board composition appears to be very static and has little diversity in terms of age

Financial issues to consider:

  • This charity has substantial assets and unrestricted reserves of £4,283,817 available, equivalent to 209 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 £k
Fundraising
Cost £k
Total
Funds £k
Unrestricted
Funds £k
Mths
Rsrvs
Staff Volun-
teers
30/06/24£886£246£640£0£4,284£4,284208.830
30/06/23£626£194£432£0£3,644£3,644224.830
30/06/22£230£61£169n/an/an/an/an/an/a
30/06/21£263£50£213n/an/an/an/an/an/a
30/06/20?£561£41£520£0£2,830£2,830835.700
30/06/18£331£27£304n/an/an/an/an/an/a
30/06/17£550£1£550£0£1,560£1,56032957.100
30/06/16£209£0£208n/an/an/an/an/an/a
30/06/15£153£0£152n/an/an/an/an/an/a
30/06/14£0£0£0£1£650£65074942.300

Financial Ratios
Fundraising Costs/Relevant Income: 7.5%
Fundraising Costs/Total Spending: 24.4%
Highest pay band: Less than £60,000
Liabilities/Assets: 0%
Liabilities/Income: 0%
Unrestricted Funds/Total Funds: 100%
Reserves/Spending: 208.8 months
Net Current Assets/Spending: 52 months
Quick Ratio: 4418
Asset Split ?
Balance Sheet History
Established: 11 years

02088104321

Charity Commission for England and WalesCompanies House
UN SDGs
?
Listed activities
  • Education/Training
  • General Charitable Purposes
  • Other Charitable Purposes
  • Religious Activities
  • The Prevention Or Relief Of Poverty
GiG Classification
  • General Community services
How it operates
  • Makes grants to organisations
Where it operates
  • Israel, Throughout England,
Who it helps
  • Other Charities Or Voluntary Bodies

Who supports 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: 61-64
  • BARBARA KREDITOR Appointed: 2013, Occupation: Director
  • IAN M KREDITOR (Chair) Appointed: 2013, Occupation: Director
  • MICHAEL LISSER Appointed: 2013, Occupation: Director
Legal constitution
  • Charitable company registered in England & Wales on 16/07/2013, number: 1152891
  • Registered at Companies House on 20/02/2013, number: 08410825
Gift Aid
  • NOT registered with HMRC for Gift Aid
Policies in force
  • Complaints policy and procedures
  • Financial reserves policy and procedures
  • Internal charity financial controls policy and procedures
  • Internal risk management policy and procedures
  • Safeguarding policy and procedures
  • Serious incident reporting policy and procedures
Filing Record
10 returns made; all on time
Main office

21 WOODLANDS CLOSE
LONDON
NW11 9QR

Objectives

THE ADVANCEMENT OF EDUCATION ACCORDING TO THE TENETS OF THE JEWISH RELIGION FOR THE PUBLIC BENEFIT BY PROVIDING AND ASSISTING IN THE PROVISION OF APPROPRIATE FACILITIES REQUIRED FOR SUCH PURPOSES.TO PROMOTE ANY PURPOSE FOR PUBLIC BENEFIT THAT THE TRUSTEES MAY DECIDE AND THAT ISLEGALLY CONSIDERED CHARITABLE ACCORDING TO THE LAW OF ENGLAND AND WALES

Data Sources

Charity Commission for England and Wales

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