Finance Score: -3

Governance Score: -3

Support Score: 0

Deficit on unrestricted reserves: -2
Reasonable growth: +1
Deficit latest year: -2

Narrow trustee age band: -2
Mainly male board: -1

No supporters identified

Overall GiG Score: -6

NEWPIER CHARITY LIMITED

The Advancement of religion in accordance with Orthodox Jewish FaithThe relief of povertyAny other activities recongnided by English Law as charitable

Analysis by Giving is Great

Positives:

This charity has an endowment fund which generates most of its income
There has been reasonable growth in spending over the last 3 years relative to the previous period

Regulatory & Governance issues to consider:

This charity only provides its support via other charities
The Board is predominantly male
The Board has little diversity in terms of age
Over half the Board have joined recently

Financial issues to consider:

There was a deficit on unrestricted reserves of £580,301 at the last year end after deducting the value of own use assets
Income was lower than spending in the latest year

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		£589	£694	£-106	£0	£-580	£-580	-10	0
30/06/22		£677	£619	£58	£0	£-180	£-180	-3.5	0
30/06/21		£631	£622	£8	£478	£-1,183	£-1,183	-22.8	0
30/06/20		£562	£622	£-61	£480	£-1,266	£-1,266	-24.4	0
30/06/19	*	£668	£395	£273	£0	£-688	£-688	-20.9	0
30/06/18	*	£779	£501	£278	£0	£-961	£-961	-23	0
30/06/17		£1,473	£781	£692	£0	£-2,059	£-2,059	-31.6	0
30/06/16	*	£924	£167	£757	£0	£-3,321	£-3,321	-238.4	0
30/06/15	*	£277	£435	£-157	£0	£0	£0	n/a	0
30/06/14	*	£1,097	£969	£128	£13	£-3,130	£-3,130	-38.8	0
30/06/13	*	£1,007	£792	£215	£11	£-2,868	£-2,868	-43.5	3
30/06/12		£1,051	£564	£488	£21	£-3,083	£-3,083	-65.6	2
30/06/11		£915	£709	£206	£11	£-3,570	£-3,570	-60.4	2
30/06/10		£1,023	£668	£355	£18	£-3,776	£-3,776	-67.8	2
30/06/09	*	£756	£592	£164	£9	£-4,131	£-4,131	-83.8	2
30/06/08		£916	£676	£240	£136	£-4,295	£-4,295	-76.2	0
30/06/07		£886	£843	£43	£0	£-4,534	£-4,534	-64.5	0
30/06/06	*	£743	£844	£-101	£0	£0	£0	n/a	0
30/06/05	*	£660	£760	£-101	£0	£0	£0	n/a	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: 113%
Liabilities/Income: 863%
Unrestricted Funds/Total Funds: 100%
Reserves/Spending: -10 months
Net Current Assets/Spending: 2 months
Quick Ratio: 1.6

Asset Split ?

Established: 38 years

02088024449

Charity Commission for England and Wales

Listed activities

General Charitable Purposes
Religious Activities
The Prevention Or Relief Of Poverty

GiG Classification

Jewish congregations

How it operates

Makes Grants to Organisations

Where it operates

Israel, Throughout London,

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 (5)

Gender Split

Age Range of Trustees: 52-63

BERNARD STERN Appointed: 2023, Occupation: Director

HARVEY CHARLES FREUDENBERGER Appointed: 2023, Occupation: Director, Other trusteeships: R S CHARITABLE TRUST, BEIS HATALMUD TRUST,

RACHEL MARGUILES, Occupation: Housewife

CHARLES MARK MARGULIES, Occupation: Teacher, Other trusteeships: PREMISHLANER CHARITABLE TRUST, SIDE BY SIDE (CHILDREN) LIMITED, MARG FLEET LIMITED,

MICHAEL JUST Appointed: 2023, Occupation: Company Director, Other trusteeship: THE UNION OF ORTHODOX HEBREW CONGREGATIONS,

Legal constitution

Charitable company registered in England & Wales on 20/03/1986, number: 293686
Registered at Companies House on 22/03/1985, number: 01898590

Gift Aid

Registered with HMRC for Gift Aid

Policies in force

Bullying and harassment policy and procedures
Complaints 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
Trustee conflicts of interest policy and procedures

Filing Record

19 returns made; AR19: 56 days late, AR18: 54 days late, AR16: 10 days late, AR15: 23 days late, AR14: 328 days late, AR13: 29 days late, AR09: 5 days late, AR06: 2 days late, AR05: 52 days late,

Main office

186 LORDSHIP ROAD
LONDON
N16 5ES

Objectives

(A) THE ADVANCEMENT OF RELIGION IN ACCORDANCE WITH THE ORTHODOX JEWISH FAITH. (B) THE RELIEF OF POVERTY. (C) FOR SUCH OTHER PURPOSES AS ARE RECOGNISED BY THE ENGLISH LAW AS CHARITABLE.

Defined Area of Benefit:

NOT DEFINED

Data Sources