WISDOM SCHOOL

Charity Number: 1142914
Charity reporting is up to date (on time)

Charity overview

Activities - how the charity spends its money

To establish and maintain institutions as nurseries, weekend schools, primary and secondary schools, colleges, and universities to promote the advancement of education of pupils at their schools and in out-of-school environments.

Income and expenditure

Data for financial year ending 31 August 2024

Total income:
£3,594,415

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Donations and legacies £25
Charitable activities £3.32m
Other trading activities £0
Investments £0
Other £269.52k

Total expenditure:
£3,489,260

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Raising funds £0
Charitable activities £3.37m
Other £123.21k

£0 investments gains (losses)

Charitable expenditure

Charitable expenditure

Some charities generate all, or a substantial part, of their income from investments which may have been donated to the charity as endowment or set aside by the charity from its own resources in the past. Such investments usually take the form of stocks and shares but may include other assets, such as property, that are capable of generating income and/or capital growth.

In managing their spending and investments charities need to strike a balance between the needs of future and current beneficiaries. They also need to take account of spending commitments that may stretch over a number of future years. To do this, charities will normally adopt an investment strategy designed to generate both income and capital growth. To maximise returns trustees may commit to investment strategies for several years.

Investments can experience large swings in value so trustees may, in a particular year, decide to realise and spend part of their charity’s capital or to invest part of its income.

By clicking the investment gains checkbox the charitable spending bar is adjusted to take account of capital growth as well as income. This shows the balance the charity is striking, between spending on current beneficiaries and retaining resources for future beneficiaries.

Text alternative for this canvas graphic is in the data table below.
Raising funds and other expenditure £123.21k
Charitable expenditure £3.37m
Retained for future use £105.16k

People

54 Employee(s)

3 Trustee(s)

10 Volunteer(s)

Employees with total benefits over £60,000

Number of employees
£60k to £70k 2

Fundraising

No information available

Trading

This charity does not have any trading subsidiaries.

Trustee payments

No trustees receive any remuneration, payments or benefits from the charity.

What, who, how, where

What the charity does:
  • General Charitable Purposes
  • Education/training
  • Amateur Sport
Who the charity helps:
  • Children/young People
  • People Of A Particular Ethnic Or Racial Origin
  • Other Charities Or Voluntary Bodies
  • The General Public/mankind
How the charity helps:
  • Makes Grants To Individuals
  • Provides Human Resources
  • Provides Buildings/facilities/open Space
  • Provides Services
  • Provides Advocacy/advice/information
Where the charity operates:
  • Essex
  • Hertfordshire
  • Throughout London

Governance

Registration history:
  • 18 July 2011: Standard registration
Organisation type:
Charitable company
Other names:

No other names

Company number:
06596179 Open in new window
Gift aid:
Recognised by HMRC for gift aid
Other regulators:
  • Ofsted (Office For Standards In Education)
Policies:
  • Bullying and harassment policy and procedures
  • Campaigns and political activity policy and procedures
  • Complaints handling
  • Complaints policy and procedures
  • Conflicting interests
  • Engaging external speakers at charity events policy and procedures
  • Financial reserves policy and procedures
  • Internal charity financial controls policy and procedures
  • Internal risk management policy and procedures
  • Investing charity funds policy and procedures
  • Paying staff
  • Risk management
  • Safeguarding policy and procedures
  • Safeguarding vulnerable beneficiaries
  • Serious incident reporting policy and procedures
  • Social media policy and procedures
  • Trustee conflicts of interest policy and procedures
  • Trustee expenses policy and procedures
  • Volunteer management
Land and property:
This charity owns and/or leases land or property

Trustees

Trustees are the people responsible for controlling the work, management and administration of the charity on behalf of its beneficiaries. Generally trustees are treasurer, chair, board member etc. The trustees are responsible for keeping this list up to date and can do this by updating their details as they happen through the online service

3 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
Mahmut Gunaydin Trustee 30 April 2020
None on record
Selcuk Bassoy Trustee 30 September 2019
None on record
RUSTAM ALIYEV Trustee 15 April 2017
None on record

Financial history

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Financial period end date

Income / Expenditure 31/08/2020 31/08/2021 31/08/2022 31/08/2023 31/08/2024
Total gross income £2.20m £2.63m £3.10m £3.57m £3.59m
Total expenditure £2.11m £2.33m £2.97m £3.45m £3.49m
Income from government contracts N/A N/A N/A N/A N/A
Income from government grants £114.89k £184.42k N/A £10.77k N/A
Income - Donations and legacies £155.37k £192.44k £14.34k £10.95k £25
Income - Other trading activities £0 £0 £0 £0 £0
Income - Charitable activities £1.94m £2.43m £3.08m £3.24m £3.32m
Income - Endowments £0 £0 £0 £0 £0
Income - Investment £0 £0 £0 £0 £0
Income - Other £105.20k £0 £0 £325.36k £269.52k
Income - Legacies £155.37k £0 £14.34k £0 £25
Expenditure - Charitable activities £2.03m £2.26m £2.86m £3.34m £3.37m
Expenditure - Raising funds £0 £0 £0 £0 £0
Expenditure - Governance £10.42k £10.20k £12.11k £9.80k £7.70k
Expenditure - Grants institution £0 £0 £0 £0 £0
Expenditure - Investment management £0 £0 £0 £0 £0
Expenditure - Other £77.71k £68.68k £116.51k £110.78k £123.21k

Assets and liabilities

Definitions for assets and liabilities
Own use assets

These are assets, other than investments, which are held for more than 12 months and used to run and administer the charity such as buildings, offices, exhibits and fixtures and fittings.

Long term Investments

Investments are assets held by the charity with the sole aim of generating income which will be used for their charitable purposes such as deposit accounts, shares, rental property and unit trusts.
Investment assets are re-valued every year and included in the balance sheet at their current market value.
Long term investments are held for more than 12 months.

Other assets

These are assets held generally for less than 12 months such as cash and bank balances, debtors, investments to be sold within the coming year and trading stock.

Defined benefit pension scheme asset or liability

This is a surplus or deficit in any defined benefit pension scheme operated and represents a potential long-term asset or liability.

Total liabilities

These are all the amounts owed by the charity at the balance sheet date to third parties such as bills due but not yet paid, bank overdrafts and loans and mortgages.

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Asset / Liability 31/08/2020 31/08/2021 31/08/2022 31/08/2023 31/08/2024
Own use assets £8.97m £33.86k £8.99m £9.04m £9.00m
Long-term investments £0 £8.94m £0 £0 £0
Other assets £416.25k £371.03k £660.51k £652.04k £1.14m
Defined benefit pension scheme asset or liability £0 £0 £0 £0 £0
Total liabilities £2.87m £2.53m £2.71m £2.62m £2.96m

Accounts and annual returns

This table shows the charity's record of submitting annual returns, accounts and trustees' annual report (TAR) for the last five financial periods.
Title Reporting year Date received Received Download
Annual return 31 August 2024 30 May 2025 On Time
Accounts and TAR 31 August 2024 30 May 2025 On Time Download Open in new window
Annual return 31 August 2023 18 June 2024 On Time
Accounts and TAR 31 August 2023 18 June 2024 On Time Download Open in new window
Annual return 31 August 2022 21 June 2023 On Time
Accounts and TAR 31 August 2022 21 June 2023 On Time Download Open in new window
Annual return 31 August 2021 28 June 2022 On Time
Accounts and TAR 31 August 2021 28 June 2022 On Time Download Open in new window
Annual return 31 August 2020 29 June 2021 On Time
Accounts and TAR 31 August 2020 29 June 2021 On Time Download Open in new window
Submit annual return Open in new window

Governing document

Details of the type of governing document the charity has and when it was established.
It is not the full text of the charity's governing document.

MEMORANDUM AND ARTICLES INCORPORATED 19/05/2008 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 14/05/2011 AS AMENDED BY CERTIFICATE OF INCORPORATION ON CHANGE OF NAME DATED 25/05/2011

Charitable objects

1. TO PROMOTE GENERAL CHARITABLE PURPOSES FOR THE BENEFIT OF THE PUBLIC INCLUDING BUT NOT LIMITED TO THE FOLLOWING PURPOSES A) THE ADVANCEMENT OF EDUCATION; B) THE RELIEF OF FINANCIAL HARDSHIP BY MAKING GRANTS OF MONEY FOR PROVIDING OR PAYING FOR SERVICES OR FACILITIES; C) THE PROVISION AND ASSISTANCE IN THE PROVISION OF FACILITIES FOR RECREATION AND OTHERS LEISURE TIME OCCUPATION FOR INDIVIDUALS WHO HAVE NEED OF SUCH FACILITIES BY REASON OF THEIR YOUTH, AGE, INFIRMITY OR DISABLEMENT OR FOR THE PUBLIC AT LARGE IN THE INTEREST OF SOCIAL WELFARE AND WITH THE OBJECT OF IMPROVING THEIR CONDITIONS OF LIFE. 2. TO ESTABLISH AND MAINTAIN SUCH INSTITUTIONS AS NURSERIES, WEEKEND SCHOOLS, SCHOOLS, COLLEGES, AND UNIVERSITIES TO PROMOTE THE ADVANCEMENT OF EDUCATION OF PUPILS AT THEIR SCHOOLS AND IN OUT-OF-SCHOOL ENVIRONMENTS; 3. TO ESTABLISH SCHOOLS IN ORDER TO HAVE A POSITIVE IMPACT IN EDUCATION AND TO EMPHASIZE IMPORTANCE AND INCREASE AWARENESS OF TECHNOLOGY, MATHEMATICS, SCIENCE EDUCATION, MUSIC, SPORTS, HUMANITIES AND ARTS AMONG STUDENTS, PARENTS, AND GENERAL PUBLIC. 4. TO ORGANIZE SUCH COURSES AND EVENTS AS THOSE WHICH WILL ASSIST THE DISADVANTAGED MEMBERS OF THE COMMUNITY TO DEVELOP CAPACITY AND SKILLS THAT WILL HELP THEM PARTICIPATE FULLY IN SOCIETY BY IDENTIFYING, AND HELPING MEET THEIR NEEDS; 5. TO PROMOTE EQUALITY AND DIVERSITY FOR THE BENEFIT OF THE PUBLIC IN ENGLAND BY ENCOURAGING THE ELIMINATION OF DISCRIMINATION ON GROUNDS OF RACE, RELIGION, DISABILITY OR ETHNIC ORIGIN BY RAISING AWARENESS AND UNDERSTANDING OF THE BACKGROUND, QUALITIES AND NEEDS OF INDIVIDUALS LIVING IN AND ORGANISATIONS AND GROUPS OPERATING IN THE AREA OF BENEFIT AND BY PROMOTING ATTITUDES, CUSTOMS AND PRACTICES IN FAVOUR OF EQUALITY.

Area of benefit

The area the charity can operate in, as set out in its governing document.

THROUGHOUT LONDON ESSEX HERTFORDSHIRE

Contact information

Address:
NORTH LONDON GRAMMAR SCHOOL
110 COLINDEEP LANE
LONDON
NW9 6HB
Phone:
02082050052
Email:
fadak@northlondongrammar.com
Website:

www.northlondongrammar.com Open in new window