CLOSEHELM LIMITED

Registered charity 291296 · accounts filings on the Charity Commission register

(1) The advancement of religion in accordance with the orthodox Jewish Faith. (2) The relief of poverty. (3) For such other purposes as are recognised by English law as charitable.

Causes: Education/training · The Advancement Of Health Or Saving Of Lives · The Prevention Or Relief Of Poverty · Religious Activities · Grant history (this charity is a funder) · Get email alerts

Latest income

£148k

Latest spending

£192k

Registered

1985

Accounts read

FY2023

Financial health, per its FY2023 accounts

The accounts state that unrestricted reserves of £137,611 exceed the trustees' policy target of £79,900, a surplus held due to uncertainty surrounding a major tenant's lease renewal. The trustees acknowledge the charity is dependent on the continued support of companies controlled by the trustees, specifically regarding deferred amounts due to them, though they conclude there are no material uncertainties regarding going concern.

Automated summary of the FY2023 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: six months running costs (held: £138k)

“The Trustees have an objective to achieve unrestricted reserves of net current assets to equal six months running costs to cover the risk presented by the current economic environment which has seen commercial properties unoccupied and downward pressure on rents receivable. This would equate to £79,900 (2022: £67,890) in respect of this financial year.” — page 3

Per its FY2023 accounts as filed with the Charity Commission.

Going concern: noted by the trustees or auditor

“The company is dependent on the continued support of companies controlled by the Trustees' and their agreement of deferring the amounts due to them. There are no reasons to suggest that this support shall not continue for a period in excess of twelve months from the approval of the accounts.” — page 9

Per its FY2023 accounts as filed with the Charity Commission.

Related-party transaction: Loan from Broadminster Limited

“During the year the company was loaned funds to pursue its charitable objects by Broadminster Limited, a company controlled by the Trustees. At the year end amounts due to Broadminster Limited totalled £24,652 (2022: £40,652). The loan from Broadminster Limited is interest free, unsecured and repayable on demand. During the year Broadminster Limited donated £15,000 (2022: £Nil) to the charity.” — page 15

“During the year the Trustees Mr A Van Praagh and Mrs H W Van Praagh loaned funds to the company. At the year end, amounts due to Mr A Van Praagh and Mrs H W Van Praagh totalled £17,707 (2022:£17,786). The loan is interest free, unsecured and repayable on demand.” — page 15

Per its FY2023 accounts as filed with the Charity Commission.

Related-party transaction: Loans from Trustees

“During the year the company was loaned funds to pursue its charitable objects by Broadminster Limited, a company controlled by the Trustees. At the year end amounts due to Broadminster Limited totalled £24,652 (2022: £40,652). The loan from Broadminster Limited is interest free, unsecured and repayable on demand. During the year Broadminster Limited donated £15,000 (2022: £Nil) to the charity.” — page 15

“During the year the Trustees Mr A Van Praagh and Mrs H W Van Praagh loaned funds to the company. At the year end, amounts due to Mr A Van Praagh and Mrs H W Van Praagh totalled £17,707 (2022:£17,786). The loan is interest free, unsecured and repayable on demand.” — page 15

Per its FY2023 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

Year-over-year changes

Going concern: no going-concern doubt (FY2022) → going-concern doubt noted (FY2023).

Comparing this charity’s FY2022 and FY2023 accounts as analysed by this site.

Corporate structure

Registered company of the charity Companies House 01777233

Company officers (Companies House)

Current officers of the charity’s own company per the Companies House register, cross-checked against the Charity Commission trustee list by name. A director not on the trustee list is usually a timing or naming difference between the two registers — check both records before drawing conclusions.

VAN PRAAGH, Dovid Samuel — director, appointed 23/02/2015not on trustee list
VAN PRAAGH, Henriette Wilhelmina — directornot on trustee list
GROSBERG, Hanna Rebecca — directoron trustee list

Official officers record.

Property (HM Land Registry)

2 registered titles in England and Wales held by the charity’s company or corporate body (2 freehold). All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Trustees · trustee networks

HENRIETTA WILHELMINA VAN PRAAGHchair
Dovid Samuel Van Praagh
HANNA REBECCA GROSBERG

Trustee list from the Charity Commission register (current, not historical).

Operates in: Israel · Manchester City · Switzerland · Throughout London

Income and spending

Financial year end	Income	Spending
30/03/2025	£148k	£192k
30/03/2024	£167k	£171k
30/03/2023	£192k	£160k
30/03/2022	£193k	£136k
30/03/2021	£216k	£100k

Common questions

Is CLOSEHELM LIMITED financially healthy?

Per its FY2023 accounts: The accounts state that unrestricted reserves of £137,611 exceed the trustees' policy target of £79,900, a surplus held due to uncertainty surrounding a major tenant's lease renewal. The trustees acknowledge the charity is dependent on the continued support of companies controlled by the trustees, specifically regarding deferred amounts due to them, though they conclude there are no material uncertainties regarding going concern. Its FY2023 accounts were independently examined.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

Funder	Similar charities funded	Amount to them
THE UNION OF ORTHODOX HEBREW CONGREGATIONS	2	£136k
THE KASNER CHARITABLE TRUST	1	—
EZER VIZNITZ FOUNDATION	1	£2.7m
DOVER SHOLEM COMMUNITY TRUST	1	£822k
THE TALMUD TORAH MACHZIKEI HADASS TRUST	1	£677k
BELZ FOUNDATION LTD	1	£621k
AMABRILL LTD	1	£394k
SF FOUNDATION	1	£360k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with MORESHET HATORAH LTD.

MORESHET HATORAH LTD income £5.6m
DEBMAR BENEVOLENT TRUST LIMITED income £396k
THE ELSTREE SHTIEBEL TRUST income £347k
H P CHARITABLE TRUST income £226k
BEREST CHARITIES income £214k
HALE AND DISTRICT HEBREW CONGREGATION LTD income £963k

Side by side with its peers

Charity	Income	Top pay band	Reserves vs policy	Fundraising cost	Going concern
CLOSEHELM LIMITED	£148k	—	above	—	noted
MORESHET HATORAH LTD FY2025	£5.6m	—	below	—	no doubt
DEBMAR BENEVOLENT TRUST LIMITED FY2025	£396k	—	within	—	no doubt
THE ELSTREE SHTIEBEL TRUST FY2024	£347k	—	within	—	no doubt
H P CHARITABLE TRUST FY2025	£226k	—	unclear	—	no doubt
BEREST CHARITIES FY2025	£214k	—	above	—	no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.