Question 1

What is the mission of NORTH LONDON COST SHOP?

Accepted Answer

The objectives for which the charity was formed are the relief of financial hardship for the public benefit by theprovision of household goods and food products at wholesale prices to people who might otherwise not be able toafford them. In order to achieve the charitable objectives, the charity is operating a low cost shop in North London.

Question 2

What is the financial size of NORTH LONDON COST SHOP?

Accepted Answer

NORTH LONDON COST SHOP is classified as a major charity. In the latest financial year, they reported a total income of £11,731,744 and total expenditure of £11,441,673.

Question 3

How does NORTH LONDON COST SHOP allocate its spending?

Accepted Answer

For every pound spent, approximately 100.0% goes directly to charitable activities. The remaining 0.0% is spent on raising funds and administration. This is higher than the median for similar-sized charities (96.6%).

Question 4

What is the workforce structure of NORTH LONDON COST SHOP?

Accepted Answer

NORTH LONDON COST SHOP employs 15 staff members and is supported by 3 volunteers.

Question 5

Does NORTH LONDON COST SHOP receive government funding?

Accepted Answer

To a small extent. Approximately 0.0% of their income comes from government grants or contracts.

Question 6

Does NORTH LONDON COST SHOP pay its trustees?

Accepted Answer

No, the latest data indicates that trustees do not receive payments or personal benefits from the charity.

NORTH LONDON COST SHOP

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