NES FOUNDATION LTD
Granting funds to organisations & individuals in order to pursue the charities objectives.
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves stood at £7,476,674, which the trustees consider adequate to support the continuation of activities. The charity reported a net income of £37,089 for the year, reversing a previous deficit, and holds significant investment property assets valued at £9,592,041. Although a property was destroyed by fire after the year end, the directors anticipate no long-term loss in fair value due to full insurance coverage and rebuilding intentions.
What the accounts disclose
“£78,419 (2023: £162,512) was donated to the charity from companies, of which the Trustees are Directors.” — page 20
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- NEHEMIA SHEINFELD
- RACHEL SHEINFELD
- Sheldon Morgenstern
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £684k | £647k |
| 31/12/2023 | £633k | £634k |
| 31/12/2022 | £892k | £680k |
| 31/12/2021 | £582k | £633k |
| 31/12/2020 | £574k | £545k |
Common questions
Is NES FOUNDATION LTD financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted reserves stood at £7,476,674, which the trustees consider adequate to support the continuation of activities. The charity reported a net income of £37,089 for the year, reversing a previous deficit, and holds significant investment property assets valued at £9,592,041. Although a property was destroyed by fire after the year end, the directors anticipate no long-term loss in fair value due to full insurance coverage and rebuilding intentions. Its FY2024 accounts were audited by Martin+Heller.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| DEBMAR BENEVOLENT TRUST LIMITED | 1 | £314k |
| BEAULAND LIMITED | 1 | £128k |
| DILLHAVEN LIMITED | 1 | £92k |
| J & J CHARITABLE TRUST LIMITED | 1 | £17k |
| KTRUST LIMITED | 1 | £12k |
Charities like this
- MW (HO) FOUNDATION
- NER FOUNDATION
- T & S TRUST FUND
- BENESCO CHARITY LIMITED
- THE VAN NESTE FOUNDATION
- PONOSI FOUNDATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| NES FOUNDATION LTD | £684k | — | 0 | unclear | — | no doubt |
| MW (HO) FOUNDATION | £207k | — | 0 | unclear | — | no doubt |
| NER FOUNDATION | £606k | — | 0 | unclear | — | no doubt |
| T & S TRUST FUND | £334k | — | 0 | above | — | no doubt |
| BENESCO CHARITY LIMITED | £7.6m | — | 0 | unclear | — | no doubt |
| THE VAN NESTE FOUNDATION | £224k | — | 0 | within | — | no doubt |