Finance Score: -1

Governance Score: -2

Support Score: 0

Poor Liquidity: -1

Only 3 Trustees: -2

No supporters identified

Overall GiG Score: -3

NORTH LONDON COST SHOP

The objectives for which the charity was formed are the relief of financial hardship for the public benefit by theprovision of household goods and food products at wholesale prices to people who might otherwise not be able toafford them. In order to achieve the charitable objectives, the charity is operating a low cost shop in North London.

Analysis by Giving is Great

Regulatory & Governance issues to consider:

There are only 3 trustees

Financial issues to consider:

Liquidity appears to have been slender at the latest year end

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	Staff	Volun- teers
31/03/23	£9,027	£8,202	£826	£0	£1,095	£1,095	1.6	12	4
31/03/22	£7,182	£7,067	£115	£0	£270	£270	0.5	17	0
31/03/21	£7,557	£7,403	£154	£0	£154	£154	0.3	14	0

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Financial Ratios

Fundraising Costs/Relevant Income: 0%
Fundraising Costs/Total Spending: 0%
Highest pay band: Less than £60,000
Liabilities/Assets: 57%
Liabilities/Income: 16%
Unrestricted Funds/Total Funds: 100%
Reserves/Spending: 1.6 months
Net Current Assets/Spending: 2 months
Quick Ratio: 0.6

Asset Split ?

Established: 4 years

artzeinu@msn.com

02088093002

Charity Commission for England and Wales

Listed activities

General Charitable Purposes
The Prevention Or Relief Of Poverty

GiG Classification

Colleges and universities

How it operates

Provides services

Where it operates

Throughout London,

Who it helps

Children/Young People
Elderly/Old People
People Of A Particular Ethnic Or Racial Origin
The General Public/Mankind

Who works here?

12 employees
4 volunteers

Who's supporting them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (3)

Current Trustees appointed

SHLOIMEH BLONDER (Chair) Appointed: 2020, Other trusteeship: BUDGET CLOTHING AND A HELPING HAND,

PINCHAS BENEDIKT Appointed: 2020, Other trusteeships: TOMCHEI YOTZEI ANGLIA, YAD ELIEZER TRUST, KEREN HACHESED TRUST, THE CHICKEN SOUP SHELTER, GABAI TZEDOKOH LIMITED, TZEDOKAH VCHESED, MEIRIM ILLUMINATING LTD,

ABRAHAM BAR-HORIN Appointed: 2020, Occupation: Teacher, Other trusteeship: CHAIM V'SHALVAH,

Legal constitution

Charity registered in England & Wales on 18/02/2020, number: 1188028

Gift Aid

NOT registered with HMRC for Gift Aid

Policies in force

Bullying and harassment policy and procedures
Campaigns and political activity policy and procedures
Complaints policy and procedures
Engaging external speakers at charity events policy and procedures
Financial reserves policy and procedures
Internal charity financial controls policy and procedures
Internal risk management policy and procedures
Investing charity funds policy and procedures
Safeguarding policy and procedures
Serious incident reporting policy and procedures
Social media policy and procedures
Trustee conflicts of interest policy and procedures
Trustee expenses policy and procedures

Filing Record

3 returns made; all on time

Main office

249-251 West Green Road
London
London
N15 5ED

Objectives

THE RELIEF OF FINANCIAL HARDSHIP FOR THE PUBLIC BENEFIT BY THE PROVISION OF HOUSEHOLD GOODS AND FOOD PRODUCTS AT WHOLESALE PRICES TO PEOPLE WHO MIGHT OTHERWISE NOT BE ABLE TO AFFORD THEM.

Data Sources