Finance Score: 5

Governance Score: -3

Support Score: 1

Liabilities <10%: +3
Poor Liquidity: -1
Good Reserves: +1Strong growth: +2

All male board: -3

Grant maker support: +1

Overall GiG Score: 3

NEXTGRANT LIMITED

Upkeep of buildings used for charitable purposes and grantmaking

Analysis by Giving is Great

Positives:

The charity has received modest backing from a grant maker
This charity has a robust balance sheet
There has been strong growth in spending over the last 5 years

Regulatory & Governance issues to consider:

This charity is not recognised by HMRC for Gift Aid according to its latest published return
The Board is completely male

Financial issues to consider:

Liquidity appears to have been slender at the latest year end but very substantial unrestricted reserves are available

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
30/06/23		£681	£653	£28	£92	£6,887	£6,887	126.5	0
30/06/22		£825	£330	£495	£0	£6,249	£6,249	227.2	0
30/06/21		£378	£216	£162	n/a	n/a	n/a	n/a	n/a
30/06/20		£495	£184	£311	n/a	n/a	n/a	n/a	n/a
30/06/19		£1,736	£371	£1,365	£20	£5,275	£5,271	170.5	0
30/06/18		£86	£65	£21	£0	£0	£0	n/a	0
30/06/17		£86	£82	£4	£0	£0	£0	n/a	0
30/06/16		£235	£43	£192	£0	£0	£0	n/a	0
30/06/15		£76	£27	£49	£0	£0	£0	n/a	0
30/06/14		£69	£120	£-51	£0	£0	£0	n/a	0
30/06/13		£17	£17	£-1	£0	£0	£0	n/a	0
30/06/12		£141	£234	£-94	£0	£0	£0	n/a	0
30/06/11		£115	£20	£94	£0	£0	£0	n/a	0
30/06/10		£227	£232	£-5	£0	£0	£0	n/a	0
30/06/09		£17	£26	£-10	£0	£0	£0	n/a	0
30/06/08		£115	£35	£79	£0	£0	£0	n/a	0
30/06/07	*	£38	£63	£-25	£0	£0	£0	n/a	0
30/06/06		£7	£13	£-6	£0	£0	£0	n/a	0
30/06/05	*	£40	£12	£28	£0	£0	£0	n/a	0
30/06/04		£24	£7	£16	£0	£0	£0	n/a	0

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Financial Ratios

Fundraising Costs/Relevant Income: 13.8%
Fundraising Costs/Total Spending: 14%
Highest pay band: Less than £60,000
Liabilities/Assets: 9%
Liabilities/Income: 101%
Unrestricted Funds/Total Funds: 100%
Reserves/Spending: 126.5 months
Net Current Assets/Spending: 1 months
Quick Ratio: 0

Asset Split ?

Established: 39 years

020 8880 8910

Charity Commission for England and Wales

Listed activities

Education/Training
Religious Activities

GiG Classification

Museums, parks, historical sites

How it operates

Makes Grants to Organisations
Provides buildings/facilities/open space

Where it operates

Hackney, Haringey, Havering,

Who it helps

Other Charities Or Voluntary Bodies
People Of A Particular Ethnic Or Racial Origin

Who's supporting them? ?

Donations from Grant Makers ?

We have details on the following significant donations. Multi-year donations are allocated to the years for which they are earmarked.

Specific Donations

Amount	When Months	To be used for
National Lottery Community Fund - Daddy Power
£10,000	04/02/2020 11	The funding will be used to deliver parenting workshops and establish a support forum for single fathers. The project aims to provide mentoring and peer support to fathers, enabling them to build ....more The funding will be used to deliver parenting workshops and establish a support forum for single fathers. The project aims to provide mentoring and peer support to fathers, enabling them to build stronger relationship with their children.
National Lottery Community Fund - Healthy and Wealthy
£10,000	06/07/2016 12	The group will use the funding to provide breakfast clubs and food awareness education over a six month period. This will improve young peopleâ€™s food habits by educating families leading to ....more The group will use the funding to provide breakfast clubs and food awareness education over a six month period. This will improve young peopleâ€™s food habits by educating families leading to improved health and wellbeing.
National Lottery Community Fund - Give a Child a Chance
£10,000	07/05/2014 12	Not Available
National Lottery Community Fund - Learn, Work and Succeed
£10,000	29/11/2012 12	This is a project by a charity in Hackney. The group will use the funding to deliver employment motivational sessions for young people that focus upon the needs of people who are unemployed. This ....more This is a project by a charity in Hackney. The group will use the funding to deliver employment motivational sessions for young people that focus upon the needs of people who are unemployed. This will equip those taking part with inspiration and ideas in regards to seeking paths into employment.

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (5)

Gender Split

Age Range of Trustees: 50-72

JACOB FRANKEL, Occupation: Company Director, Other trusteeships: THE BAIS ROCHEL DSATMAR CHARITABLE TRUST, VYOEL MOSHE CHARITABLE TRUST, FRIENDS OF YESHIVA LUZERN,

JOSEPH ISAAC LOW, Occupation: Company Director

CHAIM LUZER KLEIN Appointed: 2020, Occupation: Property Manager, Other trusteeships: ZICHRON MEIR LIMITED, MAYHEIGHTS LIMITED,

MAURICE FREUND Appointed: 2011, Occupation: Co Director, Other trusteeships: CONGREGATION YETEV LEV DSATMAR ANTWERP LIMITED, YEITEV LEV ERETZ ISRAEL LTD, THE KOLEL LIMITED, TALMUD TORAH TORAH VEYIRAH D'SATMAR LONDON LIMITED, KEREN YETEV LEV LTD, LIVNOS BAYIS LIMITED,

OSCAR LOW Appointed: 2020, Occupation: Director, Other trusteeships: GILMOOR BENEVOLENT FUND LIMITED, MAYHEIGHTS LIMITED, YTV LONDON, KEREN YETEV LEV LTD, FRIENDS OF KH, KEHILAS ADAS YISROEL BOURNEMOUTH LTD,

Legal constitution

Charitable company registered in England & Wales on 30/07/1985, number: 292305
Registered at Companies House on 16/11/1984, number: 01864330

Gift Aid

NOT registered with HMRC for Gift Aid

Policies in force

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

Filing Record

20 returns made; AR07: 23 days late, AR05: 7 days late,

Main office

First Floor
94 Stamford Hill
London
N16 6XS

Objectives

(1) THE ADVANCEMENT OF RELIGION IN ACCORDANCE WITH THE ORTHODOX JEWISH FAITH. (2) THE RELIEF OF POVERTY.

Defined Area of Benefit:

NOT DEFINED

Data Sources