Grand Belz Ltd.
Latest income
£130k
Latest spending
£980k
Registered
2003
Accounts read
FY2025
Financial health, per its FY2025 accounts
The accounts state that the charity incurred a net deficit of £764,061 during the period, primarily due to substantial grants of £924,533. Per the trustees' report, the charity is being wound up as its only income stream from investment property has ended, leaving unrestricted reserves of only £238.
What the accounts disclose
Related-party transaction: Loan due to Bourneheights Limited for £Nil (2023 - £173,717) and a loan due to Thornmead Securities Limited for £Nil (2023 - £8,273). The above loans are interest free and repayable on demand. During the year Bourneheights Limited made a donation to Ranbell Ltd amounting to £Nil (2023 - £6,000). During the year Ranbell Ltd made donations to Bourneheights totalling £260,953 (2023 - £Nil). Mr C Rand and Mr S Rand are directors of both the above named companies.
“Included in other creditors is a loan due to Bourneheights Limited for £Nil (2023 - £173,717) and a loan due to Thornmead Securities Limited for £Nil (2023 - £8,273). The above loans are interest free and repayable on demand. During the year Bourneheights Limited made a donation to Ranbell Ltd amounting to £Nil (2023 - £6,000) During the year Ranbell Ltd made donations to Bourneheights totalling £260,953 (2023 - £Nil) Mr C Rand and Mr S Rand are directors of both the above named companies.” — page 15
Per its FY2025 accounts as filed with the Charity Commission.
Trustees
- SCHLOIME RAND
- leah klaein
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/05/2025 | £130k | £980k |
| 31/12/2023 | £66k | £48k |
| 31/12/2022 | £87k | £50k |
| 31/12/2021 | £86k | £69k |
| 31/12/2020 | £86k | £43k |
Common questions
Is Grand Belz Ltd. financially healthy?
The accounts state that the charity incurred a net deficit of £764,061 during the period, primarily due to substantial grants of £924,533. Per the trustees' report, the charity is being wound up as its only income stream from investment property has ended, leaving unrestricted reserves of only £238. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| BOURNEHEIGHTS LIMITED | 2 | £325k |
| CHASSIDEI BELZ MANCHESTER | 2 | £222k |
| KEREN ASSOCIATION LIMITED | 1 | £2.1m |
| LONIA LIMITED | 1 | £600k |
| CMZ LTD | 1 | £535k |
| THE M D AND S CHARITABLE TRUST | 1 | £318k |
| GILMOOR BENEVOLENT FUND LIMITED | 1 | £275k |
| THE WINEBURG FOUNDATION | 1 | £211k |