NORTH LONDON WELFARE AND EDUCATIONAL FOUNDATION
Financial health, per its FY2024 accounts
The accounts state that total income for the year was £5,642,902, with total charitable expenditure of £5,611,139, resulting in a net surplus. The charity holds unrestricted reserves of £295,307 and restricted funds of £494,991, with the trustees confirming that cash reserves are sufficient to meet one-month basic operating costs.
What the accounts disclose
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?
The accounts state that total income for the year was £5,642,902, with total charitable expenditure of £5,611,139, resulting in a net surplus. The charity holds unrestricted reserves of £295,307 and restricted funds of £494,991, with the trustees confirming that cash reserves are sufficient to meet one-month basic operating costs. Its FY2024 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, THE SALO BORDON CHARITABLE TRUST, COMET CHARITIES LTD, 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 |
|---|---|---|
| THOMAS HOWELL'S TRUST | 1 | £912k |
| THE A B CHARITABLE TRUST | 1 | £300k |
| THE BARROW CADBURY TRUST | 1 | £60k |
| THE STEWARTS LAW FOUNDATION | 1 | £33k |
| MILLS AND REEVE CHARITABLE TRUST | 1 | £3k |
| The Dentons UK and Middle East LLP Charitable Trust | 1 | £2k |
| LEADERS IN COMMUNITY | 1 | £0 |