NEXTGRANT LIMITED
Upkeep of buildings used for charitable purposes and grantmaking
Objects
(1) THE ADVANCEMENT OF RELIGION IN ACCORDANCE WITH THE ORTHODOX JEWISH FAITH. (2) THE RELIEF OF POVERTY.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a surplus for the year with unrestricted reserves increasing to £7,079,145. However, the charity has a deficiency in net current assets and relies on ongoing support from principal creditors to maintain its going concern status.
What the accounts disclose
“The trustees do not seek to maintain reserves, other than to ensure that they can continue the activities of the charity.” — page 4
“Notwithstanding the deficiency in net current assets, the Trustees have concluded that the charity is a going concern based on ongoing support from its principal creditors.” — page 15
“The charity received interest and donations from its subsidiary of £39,600 (2024 - £22,500). The amount owed by Nextgrant Tottenham Ltd at the balance sheet date was £242,661 (2024 - £164,861). The charity received £12,350 (2024 - £180,775) unrestricted donations from entities in which various trustees have an interest.” — page 23
“The charity received £12,350 (2024 - £180,775) unrestricted donations from entities in which various trustees have an interest.”
“The charity received interest and donations from its subsidiary of £39,600 (2024 - £22,500). The amount owed by Nextgrant Tottenham Ltd at the balance sheet date was £242,661 (2024 - £164,861). The charity received £12,350 (2024 - £180,775) unrestricted donations from entities in which various trustees have an interest.” — page 23
“The charity received £12,350 (2024 - £180,775) unrestricted donations from entities in which various trustees have an interest.”
“The charity has a wholly owned non-charitable subsidiary, Nextgrant Tottenham Limited, a property investment company.” — page 5
Year-over-year changes
- Going concern: no going-concern doubt (FY2024) → going-concern doubt noted (FY2025).
Policies the charity declares
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Risk management
- 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 30/06/2025
- Has a trading subsidiary
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 30/06/2024
- Has a trading subsidiary
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 30/06/2023
- Has a trading subsidiary
- Grant-making is its main activity
Corporate structure
- Registered company of the charity Companies House 01864330 · Financial health read from its filings
- Trading subsidiary: NEXTGRANT TOTTENHAM LTD Companies House 09126125 · Financial health read from its filings
Company officers (Companies House)
- KLEIN, Chaim Luzer on trustee list
- LOW, Oscar on trustee list
- FREUND, Maurice on trustee list
- FRANKEL, Jacob on trustee list
Structured financials (annual return, FY ending 30/06/2025)
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/06/2025 | £712k | £549k |
| 30/06/2024 | £585k | £556k |
| 30/06/2023 | £681k | £653k |
| 30/06/2022 | £825k | £330k |
| 30/06/2021 | £378k | £216k |
Common questions
Is NEXTGRANT LIMITED financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a surplus for the year with unrestricted reserves increasing to £7,079,145. However, the charity has a deficiency in net current assets and relies on ongoing support from principal creditors to maintain its going concern status. Its FY2025 accounts were audited by Sugarwhite Meyer Accountants Ltd.
Who funds NEXTGRANT LIMITED?
Funders whose own accounts filings name NEXTGRANT LIMITED as a grant recipient include ZICHRON MEIR LIMITED, GILMOOR BENEVOLENT FUND LIMITED, MAYHEIGHTS LIMITED, YIZAL EDUCATION LIMITED, O&G SCHREIBER CHARITABLE TRUST.
Shared trustees with funders
- Chaim Luzer Klein — trustee here and at GILMOOR BENEVOLENT FUND LIMITED
- Chaim Luzer Klein — trustee here and at MAYHEIGHTS LIMITED
- Chaim Luzer Klein — trustee here and at ZICHRON MEIR LIMITED
- Oscar Low — trustee here and at GILMOOR BENEVOLENT FUND LIMITED
- Oscar Low — trustee here and at MAYHEIGHTS LIMITED
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| ZICHRON MEIR LIMITED | FY2024 | £89k | Advancement of education |
| GILMOOR BENEVOLENT FUND LIMITED | FY2025 | £81k | Grant to institution |
| GILMOOR BENEVOLENT FUND LIMITED | FY2023 | £77k | |
| ZICHRON MEIR LIMITED | FY2025 | £69k | Advancement of education |
| MAYHEIGHTS LIMITED | FY2022 | £60k | Relief of poverty |
| ZICHRON MEIR LIMITED | FY2023 | £50k | General purposes |
| YIZAL EDUCATION LIMITED | FY2024 | £30k | |
| GILMOOR BENEVOLENT FUND LIMITED | FY2024 | £28k | |
| O&G SCHREIBER CHARITABLE TRUST | FY2022 | £16k | |
| GOLDHEART CHARITY LIMITED | FY2023 | £10k | Advancement of education and relief of poverty |
| GOLDHEART CHARITY LIMITED | FY2025 | £6k |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 04/02/2020 | £10k | Daddy Power |
| The National Lottery Community Fund | 06/07/2016 | £10k | Healthy and Wealthy |
| The National Lottery Community Fund | 07/05/2014 | £10k | Give a Child a Chance |
| The National Lottery Community Fund | 29/11/2012 | £10k | Learn, Work and Succeed |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| SF FOUNDATION | 1 | £366k |
| HURDALE CHARITY LIMITED | 1 | £40k |
| THE TRUEMARK TRUST | 1 | £5k |
| THE GREEN HALL FOUNDATION | 1 | £2k |
| TOYOTA MANUFACTURING UK CHARITABLE TRUST | 1 | £2k |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF KING CROSS, HALIFAX | 1 | £90 |
Charities like this
- RENTRUST FOUNDATION LIMITED
- FINEGRANT LIMITED
- THE NEXT STEP TRUST
- RJM CHARITY TRUST
- CLOSE CHARITABLE FOUNDATION
- DERVENTIO CHARITABLE TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| NEXTGRANT LIMITED | £712k | — | 0 | above | — | noted |
| RENTRUST FOUNDATION LIMITED | £168k | — | 0 | unclear | — | no doubt |
| FINEGRANT LIMITED | £133k | — | 0 | unclear | — | no doubt |
| THE NEXT STEP TRUST | £2.9m | — | 1 | below | — | no doubt |
| RJM CHARITY TRUST | £364k | — | 0 | unclear | — | no doubt |
| CLOSE CHARITABLE FOUNDATION | £40k | — | 0 | unclear | — | no doubt |