SPARQUOTE LIMITED
The Charity's principal activity throughout the year was the provision and distribution of donations and grants to charities.
Financial health, per its FY2025 accounts
The accounts state that the charity holds total unrestricted reserves of £20,299,468, which increased from the previous year. The trustees report that the financial position is satisfactory and that the charity has adequate resources to continue as a going concern despite having net current liabilities.
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?
Per its FY2025 accounts: The accounts state that the charity holds total unrestricted reserves of £20,299,468, which increased from the previous year. The trustees report that the financial position is satisfactory and that the charity has adequate resources to continue as a going concern despite having net current liabilities. Its FY2025 accounts were audited by Cohen Arnold.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| BEIS MENACHEM CHABAD LUBAVITCH | 1 | £183k |
| YESHIVAS LUBAVITCH MANCHESTER | 1 | £20k |
| THE ALBERT GUBAY CHARITABLE FOUNDATION | 1 | £12k |
| CLASSQUOTE LIMITED | 1 | £11k |
| DUCHY OF LANCASTER BENEVOLENT FUND | 1 | £5k |
| KMB ESTATES | 1 | £4k |
Charities like this
- CLASSQUOTE LIMITED
- DONATING CHARITY LIMITED
- SPALDING HIGH SCHOOL FUND
- THE SPARROW SCHOOLS FOUNDATION
- YAD VEACHISOMOCH L'CHAIM
- SHAAREI TZEDAKAH
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| SPARQUOTE LIMITED | £6.6m | — | 0 | above | — | no doubt |
| CLASSQUOTE LIMITED | £309k | — | 0 | unclear | — | no doubt |
| DONATING CHARITY LIMITED | £1.9m | — | 0 | unclear | — | no doubt |
| SPALDING HIGH SCHOOL FUND | £248k | — | 0 | unclear | — | no doubt |
| THE SPARROW SCHOOLS FOUNDATION | £121k | — | 0 | unclear | 30.8% | no doubt |
| YAD VEACHISOMOCH L'CHAIM | £834k | — | 0 | unclear | — | no doubt |