LEVY2
The objects of Levy2 are such charitable purposes as the trustees may in their absolute discretion determine. Levy2 does not accept unsolicited applications for support.
Objects
3.1 THE OBJECTS OF THE CIO ARE SUCH EXCLUSIVELY CHARITABLE PURPOSES AS THE CHARITY TRUSTEES MAY IN THEIR ABSOLUTE DISCRETION DETERMINE;3.2 ‘CHARITABLE PURPOSES’ MEANS PURPOSES WHICH ARE EXCLUSIVELY CHARITABLE UNDER THE LAWS OF ENGLAND AND WALES
Financial health, per its FY2026 accounts
The accounts state that the charity is closing and has been prepared on a break-up basis rather than a going concern basis. Per the trustees' report, all investments were liquidated and the vast majority of funds distributed, leaving a small bank balance of £446 and accruals for accountancy fees. The charity has no employees and does not actively fundraise.
What the accounts disclose
“At 31 March 2026, total Charity funds held were £446 of which all are held in liquid funds. These will be distributed prior to the closure of the charity.” — page 5
“Considering 12 months from the date of approval of the accounts, it is anticipated that the charity will be closed, and therefore the accounts are prepared on a basis other than that of the going concern basis.” — page 10
Year-over-year changes
- Going concern: going-concern doubt noted (FY2025) → not a going concern (FY2026).
Policies the charity declares
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Investing charity funds policy and procedures
- Trustee conflicts of interest policy and procedures
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 31/03/2026
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 31/03/2025
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 31/03/2024
- Grant-making is its main activity
Structured financials (annual return, FY ending 31/03/2023)
Trustees
- Claudia Simone Giat
- Jeremy Gershon Tobias-Tarsh
- Melanie Tamsin Levy
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2026 | £50k | £2.0m |
| 31/03/2025 | £89k | £1.6m |
| 31/03/2024 | £74k | £21k |
| 31/03/2023 | £3.0m | £17k |
Common questions
Is LEVY2 financially healthy?
Per its FY2026 accounts: The accounts state that the charity is closing and has been prepared on a break-up basis rather than a going concern basis. Per the trustees' report, all investments were liquidated and the vast majority of funds distributed, leaving a small bank balance of £446 and accruals for accountancy fees. The charity has no employees and does not actively fundraise. Its FY2026 accounts were independently examined.
Who funds LEVY2?
Funders whose own accounts filings name LEVY2 as a grant recipient include JOSEPH LEVY FOUNDATION.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| JOSEPH LEVY FOUNDATION | FY2022 | £3.0m | Unrestricted grant to support general charitable activities |
Charities like this
- THE LEVY FAMILY CHARITABLE TRUST
- CHARITY EXTRA CHARITABLE TRUST
- ALLINGTON TRUST
- THE MCCORQUODALE CHARITABLE TRUST
- CLANCY CHARITABLE FOUNDATION
- THE CAGYS TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| LEVY2 | £50k | — | 0 | below | — | not going concern |
| THE LEVY FAMILY CHARITABLE TRUST | £65k | — | 0 | unclear | — | no doubt |
| CHARITY EXTRA CHARITABLE TRUST | £48k | — | 0 | below | — | noted |
| ALLINGTON TRUST | £70k | — | 0 | below | — | not going concern |
| THE MCCORQUODALE CHARITABLE TRUST | £281k | — | — | unclear | — | not going concern |
| CLANCY CHARITABLE FOUNDATION | £111k | — | 0 | within | — | no doubt |