NEXTGRANT LIMITED

Registered charity 292305 · accounts filings on the Charity Commission register

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.

Area of benefit: NOT DEFINED

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: Education/training · Religious Activities · Grant history (this charity is a funder) · Get email alerts

Registered contact address: Hackney, London, England (from the postcode on the register)

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.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

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. (reserves figure: £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.

Accounts audited by Sugarwhite Meyer Accountants Ltd. Discloses 4 of 6 completeness components.

Year-over-year changes

Comparing this charity’s FY2024 and FY2025 accounts as analysed by this site.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

From the charity’s annual return (Part A, self-declared)

Answers and figures the charity gave in Part A of its annual return to the Charity Commission. They are self-declared: not verified by the Commission or by this site. Only positive answers and figures are listed; items not listed are simply not shown.

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

Source: this charity’s annual returns on the Charity Commission register.

Corporate structure

NEXTGRANT TOTTENHAM LTD — per its own Companies House accounts

    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.

    Official officers record.

    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

    Reported reserves equal ~0.0 months of spending — in the bottom quarter for charities its size (median 5.2 months; benchmarks).

    Per its annual return, largest income source: Donations and legacies (98% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

    Per its annual return, cost of raising funds: 6.2% of total income — above the median for charities its size (4.9%) (benchmarks).

    Trustees · trustee networks

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

    Operates in: Hackney · Haringey · Havering

    Income and spending

    Financial year endIncomeSpending
    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

    Register facts shown side by side: a person serves as trustee of both this charity and a funder whose accounts record grants to it. Shared trusteeship is lawful and common; well-run charities manage it through declared-interest procedures.

    Known funders

    Grants to this charity found in funders’ own accounts filings.

    FunderYearAmountPurpose (as stated by the funder)
    ZICHRON MEIR LIMITEDFY2024£89kAdvancement of education
    GILMOOR BENEVOLENT FUND LIMITEDFY2025£81kGrant to institution
    GILMOOR BENEVOLENT FUND LIMITEDFY2023£77k
    ZICHRON MEIR LIMITEDFY2025£69kAdvancement of education
    MAYHEIGHTS LIMITEDFY2022£60kRelief of poverty
    ZICHRON MEIR LIMITEDFY2023£50kGeneral purposes
    YIZAL EDUCATION LIMITEDFY2024£30k
    GILMOOR BENEVOLENT FUND LIMITEDFY2024£28k
    O&G SCHREIBER CHARITABLE TRUSTFY2022£16k
    GOLDHEART CHARITY LIMITEDFY2023£10kAdvancement of education and relief of poverty
    GOLDHEART CHARITY LIMITEDFY2025£6k

    Government & lottery funding

    Grants to this charity published as open data by government and lottery funders (360Giving).

    FunderDateAmountPurpose
    The National Lottery Community Fund04/02/2020£10kDaddy Power
    The National Lottery Community Fund06/07/2016£10kHealthy and Wealthy
    The National Lottery Community Fund07/05/2014£10kGive a Child a Chance
    The National Lottery Community Fund29/11/2012£10kLearn, Work and Succeed

    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.

    Charities like this

    Semantically similar by activities and financial character, from our analysed corpus. Compare with RENTRUST FOUNDATION LIMITED.

    Side by side with its peers

    CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
    NEXTGRANT LIMITED£712k—0above—noted
    RENTRUST FOUNDATION LIMITED FY2025£168k—0unclear—no doubt
    FINEGRANT LIMITED FY2025£133k—0unclear—no doubt
    THE NEXT STEP TRUST FY2025£2.9m—1below—no doubt
    RJM CHARITY TRUST FY2025£364k—0unclear—no doubt
    CLOSE CHARITABLE FOUNDATION FY2025£40k—0unclear—no doubt

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