NORTH LONDON CHARITIES LTD
Financial health, per its FY2025 accounts
The accounts state that unrestricted funds decreased from £977,903 to £775,201 due to a net expenditure of £202,702, driven by charitable grants exceeding incoming donations. The charity holds significant investment property valued at £11,027,390 but reports net current liabilities of £10,258,245, resulting in total assets less current liabilities equaling its unrestricted funds. The trustees confirm the charity has adequate resources to continue in operational existence for the foreseeable future.
What the accounts disclose
“Included in other debtors are concessionary loans of £33,000 (2024: £33,000) due from Ahavath Chessed Charitable Association Limited, a charity whose Trustees and/or families are connected with the Trustees of this charity.” — page 16
“The charity's subsidiary undertakings were involved in property investment and property trading and continue to operate as such.” — page 4
Structured financials (annual return, FY ending 31/03/2024)
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £250k | £452k |
| 31/03/2024 | £602k | £95k |
| 31/03/2023 | £277k | £146k |
| 31/03/2022 | £236k | £107k |
| 31/03/2021 | £109k | £91k |
Common questions
Is NORTH LONDON CHARITIES LTD financially healthy?
The accounts state that unrestricted funds decreased from £977,903 to £775,201 due to a net expenditure of £202,702, driven by charitable grants exceeding incoming donations. The charity holds significant investment property valued at £11,027,390 but reports net current liabilities of £10,258,245, resulting in total assets less current liabilities equaling its unrestricted funds. The trustees confirm the charity has adequate resources to continue in operational existence for the foreseeable future. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| NNS FOUNDATION | 1 | £126k |