NEXTGRANT LIMITED
Latest income
£712k
Latest spending
£549k
Registered
1985
Accounts read
FY2025
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
Reserves policy: The trustees do not seek to maintain reserves, other than to ensure that they can continue the activities of the charity. (held: £7.1m)
“The trustees do not seek to maintain reserves, other than to ensure that they can continue the activities of the charity.” — page 4
Per its FY2025 accounts as filed with the Charity Commission.
Going concern: noted by the trustees or auditor
“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
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: 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 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.”
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: The charity received 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.”
Per its FY2025 accounts as filed with the Charity Commission.
Trading subsidiary: Nextgrant Tottenham Limited
“The charity has a wholly owned non-charitable subsidiary, Nextgrant Tottenham Limited, a property investment company.” — page 5
Per its FY2025 accounts as filed with the Charity Commission.
Year-over-year changes
- Going concern: no going-concern doubt (FY2024) → going-concern doubt noted (FY2025).
Structured financials (annual return, FY ending 30/06/2025)
Total income
£712k
Total spending
£549k
Cost of raising funds
£44k
Reserves (reported)
£0
Employees
0
Trustees
- Chaim Luzer Klein
- JACOB FRANKEL
- JOSEPH ISAAC LOW
- MAURICE FREUND
- Oscar Low
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?
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 |
|---|---|---|
| ZICHRON MEIR LIMITED | FY2024 | £89k |
| GILMOOR BENEVOLENT FUND LIMITED | FY2025 | £81k |
| GILMOOR BENEVOLENT FUND LIMITED | FY2023 | £77k |
| ZICHRON MEIR LIMITED | FY2025 | £69k |
| MAYHEIGHTS LIMITED | FY2022 | £60k |
| ZICHRON MEIR LIMITED | FY2023 | £50k |
| YIZAL EDUCATION LIMITED | FY2024 | £30k |
| GILMOOR BENEVOLENT FUND LIMITED | FY2024 | £28k |
| O&G SCHREIBER CHARITABLE TRUST | FY2022 | £16k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| COL-RENO LIMITED | 1 | £53k |
| ANEINU LIMITED | 1 | £36k |
| SF FOUNDATION | 1 | £33k |
| NES FOUNDATION LTD | 1 | £33k |
| THE KNIGHTLAND FOUNDATION | 1 | £30k |
| PENINIM CHARITY TRUST | 1 | £26k |
| BORBAT LIMITED | 1 | £8k |