NORTH LONDON WELFARE AND EDUCATIONAL FOUNDATION
Raising funds from public for the relief of financial hardship either generally or individually of people living primarily in North London by making grants of money for providing or paying for items services or facilities.The promotion of any other exclusively charitable objects such as the trustees see fit.
Financial health, per its FY2025 accounts
The accounts state that total income increased to £6,614,968 from £5,651,761 in the prior year, while total expenditure rose to £6,699,371, resulting in a net expenditure for the year. Per the trustees' report, unrestricted reserves decreased to £243,085, and the charity maintains a reserves policy to hold sufficient funds for one month of basic operating costs. The independent auditors confirmed that the financial statements give a true and fair view and identified no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“During the year charity received grants of £10,915 and £33,400 from Yeshivas Mekor Chayim Ltd and Cometville Ltd, charity in which one of the trustee, Mr B C Joseph, is also a trustee.” — page 20
Structured financials (annual return, FY ending 31/05/2025)
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/05/2025 | £6.6m | £6.7m |
| 31/05/2024 | £5.7m | £5.6m |
| 31/05/2023 | £4.6m | £4.5m |
| 31/05/2022 | £3.5m | £3.0m |
| 31/05/2021 | £2.2m | £2.2m |
Common questions
Is NORTH LONDON WELFARE AND EDUCATIONAL FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that total income increased to £6,614,968 from £5,651,761 in the prior year, while total expenditure rose to £6,699,371, resulting in a net expenditure for the year. Per the trustees' report, unrestricted reserves decreased to £243,085, and the charity maintains a reserves policy to hold sufficient funds for one month of basic operating costs. The independent auditors confirmed that the financial statements give a true and fair view and identified no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were audited by Goldwins Limited.
Who funds NORTH LONDON WELFARE AND EDUCATIONAL FOUNDATION?
Funders whose own accounts filings name NORTH LONDON WELFARE AND EDUCATIONAL FOUNDATION as a grant recipient include ACHISOMOCH AID COMPANY LIMITED, COMET CHARITIES LTD, THE SALO BORDON CHARITABLE TRUST, MTT FOUNDATION, CHALFORDS LIMITED.
Shared trustees with funders
- Benedict Chayim Joseph — trustee here and at COMET CHARITIES LTD
Known funders
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| MERCAZ CHASIDEI WIZNITZ TRUST | 1 | £84k |
| AMABRILL LTD | 1 | £79k |
| FOUNTAIN OF CHESSED LIMITED | 1 | £43k |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST BARNABAS WOODSIDE PARK | 1 | £29k |
| FRIENDS OF BOYAN TRUST | 1 | £11k |
| YESODEY HATORAH SCHOOLS | 1 | £11k |
| HACKNEY PAROCHIAL CHARITIES | 1 | £11k |
| GREATGREEN LIMITED | 1 | £10k |
Charities like this
- NORTH LONDON BIKUR CHOLIM LIMITED
- ABILITY NORTH LONDON
- NORTHWESTERN UNIVERSITY (USA) FOUNDATION LIMITED
- NORTH LONDON COST SHOP
- HOPE NORTH LONDON LIMITED
- NORTH LONDON COMMUNITY HOUSE
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| NORTH LONDON WELFARE AND EDUCATIONAL FOUNDATION | £6.6m | — | 0 | above | — | no doubt |
| NORTH LONDON BIKUR CHOLIM LIMITED | £3.0m | — | 0 | unclear | — | no doubt |
| ABILITY NORTH LONDON | £640k | — | 0 | above | — | no doubt |
| NORTHWESTERN UNIVERSITY (USA) FOUNDATION LIMITED | £399k | — | 0 | within | — | no doubt |
| NORTH LONDON COST SHOP | £11.7m | — | 0 | unclear | — | no doubt |
| HOPE NORTH LONDON LIMITED | £184k | — | 0 | unclear | — | no doubt |