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.
Objects
A THE RELIEF OF FINANCIAL HARDSHIP, EITHER GENERALLY OR INDIVIDUALLY, OF PEOPLE LIVING PRIMARILY BUT NOT EXCLUSIVELY IN NORTH LONDON BY MAKING GRANTS OF MONEY FOR PROVIDING OR PAYING FOR ITEMS SERVICES OR FACILITIES.B THE PROMOTION OF ANY OTHER EXCLUSIVELY CHARITABLE OBJECTS AND PURPOSES SUCH AS THE TRUSTEES SEE FIT, PROVIDED THAT THEY ARE REGARDED AS CHARITABLE BY THE LAW OF ENGLAND AND WALES.
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
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Risk management
- Safeguarding policy and procedures
- Serious incident reporting policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 31/05/2025
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 31/05/2024
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 31/05/2023
- Grant-making is its main activity
Structured financials (annual return, FY ending 31/05/2025)
Trustees
- Benedict Chayim Josephchair
- ISAAC JOSEPH
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, MTT FOUNDATION, CHALFORDS LIMITED, THE A. H. TRUST.
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 |
|---|---|---|
| KUSUMA TRUST UK | 2 | £164k |
| THE YOUTH ENDOWMENT FUND CHARITABLE TRUST | 1 | £2.2m |
| IMPETUS - THE PRIVATE EQUITY FOUNDATION | 1 | £674k |
| BEAULAND LIMITED | 1 | £128k |
| ASSOCIATION OF NHS CHARITIES | 1 | £85k |
| THE RCN FOUNDATION | 1 | £30k |
| CORAM LIFE EDUCATION | 1 | £22k |
| THE TANLAW FOUNDATION | 1 | £8k |
Charities like this
- PRIME EDUCATION FOUNDATION
- NORTHERN LEARNING TRUST
- NORTH WALES MUSIC TUITION CENTRES
- LONDON NORTH WEST HEALTHCARE CHARITABLE FUND
- NEW LONDON EDUCATIONAL TRUST
- THE EDUCATION ENDOWMENT FOUNDATION
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 |
| PRIME EDUCATION FOUNDATION | £558k | — | 0 | within | — | no doubt |
| NORTHERN LEARNING TRUST | £890k | — | 0 | below | — | no doubt |
| NORTH WALES MUSIC TUITION CENTRES | £335k | — | 0 | unclear | — | no doubt |
| LONDON NORTH WEST HEALTHCARE CHARITABLE FUND | £769k | — | 3 | above | — | no doubt |
| NEW LONDON EDUCATIONAL TRUST | £101k | — | 0 | unclear | — | no doubt |