GOLDHEART CHARITY LIMITED
The charity makes grants and donations in accordance with its objectives.
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves total £3,992,987, with a reserves policy to maintain a level the trustees deem appropriate based on future commitments. Although the charity reported a net current liability deficiency, the trustees and auditors confirmed the going concern basis was appropriate as the main short-term bank loan was repaid after the year end.
What the accounts disclose
“It is the policy of the charity to maintain unrestricted funds, which are the free reserve of the charity, at a level which the trustees think appropriate after considering the future commitments of the charity and the likely costs of the charity for the next year.” — page 4
“Notwithstanding the deficiency in net current assets of the charity, the financial statements have been prepared in accordance with the accounting principles appropriate to a going concern on the basis that the main bank loan due within one year was repaid after the year end.” — page 15
“Donations received include amounts of £43,000 received from City Properties Limited, a company whose directors include a sibling of a trustee of the charity, and £100,000 received from Petley Limited, a company whose directors include a trustee of the charity.” — page 18
“Other creditors include £1,806 (2024: £-) due to Petley Limited, a company whose directors include a trustee of the charity.” — page 23
“Donations received include amounts of £43,000 received from City Properties Limited, a company whose directors include a sibling of a trustee of the charity, and £100,000 received from Petley Limited, a company whose directors include a trustee of the charity.” — page 18
“Other creditors include £1,806 (2024: £-) due to Petley Limited, a company whose directors include a trustee of the charity.” — page 23
“The charity owns 100% of the ordinary shares of Shoestone Limited (Company No. 07943692), a company incorporated and registered in England and Wales.” — page 22
Year-over-year changes
- Going concern: no going-concern doubt (FY2024) → going-concern doubt noted (FY2025).
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/12/2021)
Trustees
- ABRAHAM OESTREICHER
- CHANA OESTREICHER
- Esther Pollack
- Yehudit Weiss
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £439k | £406k |
| 31/12/2024 | £458k | £320k |
| 31/12/2023 | £398k | £552k |
| 31/12/2022 | £402k | £843k |
| 31/12/2021 | £549k | £1.2m |
Common questions
Is GOLDHEART CHARITY LIMITED financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves total £3,992,987, with a reserves policy to maintain a level the trustees deem appropriate based on future commitments. Although the charity reported a net current liability deficiency, the trustees and auditors confirmed the going concern basis was appropriate as the main short-term bank loan was repaid after the year end. Its FY2025 accounts were audited by Cohen Arnold.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| ACHISOMOCH AID COMPANY LIMITED | 1 | £165k |
| GIVE US A CHANCE | 1 | £13k |
| SABENO LIMITED | 1 | £10k |
| THE RISHY CHARITABLE TRUST | 1 | £5k |
Charities like this
- THE GOLDERS CHARITABLE TRUST
- DONATING CHARITY LIMITED
- BHM CHARITABLE TRUST
- STARLOW CHARITIES LIMITED
- ORDER OF THE COMPANY OF MARY OUR LADY CIO
- LONDON CHAMBER OF COMMERCE AND INDUSTRY COMMERCIAL EDUCATION TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| GOLDHEART CHARITY LIMITED | £439k | — | 0 | above | — | noted |
| THE GOLDERS CHARITABLE TRUST | £287k | — | 0 | unclear | — | no doubt |
| DONATING CHARITY LIMITED | £1.9m | — | 0 | unclear | — | no doubt |
| BHM CHARITABLE TRUST | £136k | — | 0 | within | — | no doubt |
| STARLOW CHARITIES LIMITED | £2.4m | — | 0 | below | — | no doubt |
| ORDER OF THE COMPANY OF MARY OUR LADY CIO | £424k | — | 0 | unclear | — | no doubt |