SPARQUOTE LIMITED
Financial health, per its FY2024 accounts
The accounts state that the charity holds total unrestricted funds of £20,518,596, derived primarily from investment income, with a net income of £1,112,242 for the year. Although the group reports net current liabilities, the trustees confirm the charity has adequate resources to continue as a going concern, supported by regular net investment income.
What the accounts disclose
“It is the policy of the charity to maintain unrestricted funds, which include the free reserves 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
“The Charity's subsidiary undertakings are Haneveim Limited, a property development holding company, Berkeley House Edgware Limited, a company engaged in the subletting of property and 65 London Road Limited, which has acquired a property for development.” — page 3
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- DAVID HERSH
- Richard Lewis
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £6.6m | £5.3m |
| 31/03/2024 | £1.0m | £719k |
| 31/03/2023 | £1.0m | £669k |
| 31/03/2022 | £997k | £566k |
| 31/03/2021 | £1.0m | £556k |
Common questions
Is SPARQUOTE LIMITED financially healthy?
The accounts state that the charity holds total unrestricted funds of £20,518,596, derived primarily from investment income, with a net income of £1,112,242 for the year. Although the group reports net current liabilities, the trustees confirm the charity has adequate resources to continue as a going concern, supported by regular net investment income. Its FY2024 accounts were audited by Cohen Arnold.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| BEIS MENACHEM CHABAD LUBAVITCH | 1 | £102k |
| YESHIVAS LUBAVITCH MANCHESTER | 1 | £20k |