WISEHEIGHTS LIMITED
Financial health, per its FY2024 accounts
The accounts state that unrestricted funds decreased from £53,592,311 to £45,692,331 due to a net expenditure of £7,899,980, largely driven by an £8,802,750 loss on the revaluation of listed investments. Despite this reduction, the charity maintains significant net assets of £45,692,331 and the trustees confirm adequate resources to continue in operational existence for the foreseeable future.
What the accounts disclose
“It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level which the trustees consider appropriate after considering the future commitments of the charity.” — page 5
“The following donations were paid to UK registered charities that have common trustees or connections with the trustees of Wiseheights Limited: The Beth Hamedrash Satmar Trust £13,000 (2023: £49,000, Beis Ruchel D'Satmar (London) Limited £25,000 (2023: £25,000) and Palmcourt Limited £25,000 (2023: £15,000). ” — page 23
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- ABRAHAM KLEINchair
- Gerson Berger
- JOSHUA STERNLICHT
- YANKEL GROSSBERGER
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £3.7m | £3.5m |
| 31/03/2024 | £4.1m | £3.2m |
| 31/03/2023 | £4.0m | £4.1m |
| 31/03/2022 | £3.7m | £3.4m |
| 31/03/2021 | £3.4m | £3.1m |
Common questions
Is WISEHEIGHTS LIMITED financially healthy?
The accounts state that unrestricted funds decreased from £53,592,311 to £45,692,331 due to a net expenditure of £7,899,980, largely driven by an £8,802,750 loss on the revaluation of listed investments. Despite this reduction, the charity maintains significant net assets of £45,692,331 and the trustees confirm adequate resources to continue in operational existence for the foreseeable future. Its FY2024 accounts were audited by Cohen Arnold.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| KEREN ASSOCIATION LIMITED | 1 | £188k |
| UNITED TALMUDICAL ASSOCIATES LTD | 1 | £51k |
| CARLEE LTD | 1 | £50k |
| SIVA CHARITABLE FUND | 1 | £23k |
| THE BENZI DUNNER SCHOOLS TRUST | 1 | £15k |
| SHAAREI RACHAMIM LIMITED | 1 | £8k |
| PLOIEST ESTATES LIMITED | 1 | £5k |