COSMON (BELZ) LIMITED
Financial health, per its FY2024 accounts
The accounts state that the charity held total unrestricted funds of £4,530,419 as of 31 March 2024, representing a net income of £82,985 for the year. The charity holds a freehold property valued at £7,500,000 but carries significant long-term liabilities, including bank loans totaling over £2.2 million. The trustees confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified.
What the accounts disclose
“During the year, rent receivable from Moreshet Hatorah Limited was £202,488.” — page 20
Structured financials (annual return, FY ending 31/03/2022)
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £436k | £360k |
| 31/03/2024 | £482k | £399k |
| 31/03/2023 | £442k | £485k |
| 31/03/2022 | £753k | £380k |
| 31/03/2021 | £196k | £617k |
Common questions
Is COSMON (BELZ) LIMITED financially healthy?
The accounts state that the charity held total unrestricted funds of £4,530,419 as of 31 March 2024, representing a net income of £82,985 for the year. The charity holds a freehold property valued at £7,500,000 but carries significant long-term liabilities, including bank loans totaling over £2.2 million. The trustees confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified. Its FY2024 accounts were audited by Martin+Heller.
Who funds COSMON (BELZ) LIMITED?
Funders whose own accounts filings name COSMON (BELZ) LIMITED as a grant recipient include BOURNEHEIGHTS LIMITED, THE GERTNER CHARITABLE TRUST, BELZ ISRAEL CHARITABLE TRUST, SONGDALE LIMITED.
Shared trustees with funders
- SCHLOIME RAND — trustee here and at BOURNEHEIGHTS LIMITED
Known funders
| Funder | Year | Amount |
|---|---|---|
| BOURNEHEIGHTS LIMITED | FY2024 | £309k |
| BOURNEHEIGHTS LIMITED | FY2023 | £36k |
| BOURNEHEIGHTS LIMITED | FY2022 | £25k |
| THE GERTNER CHARITABLE TRUST | FY2023 | £9k |
| BELZ ISRAEL CHARITABLE TRUST | FY2023 | £6k |
| THE GERTNER CHARITABLE TRUST | FY2024 | £5k |
| SONGDALE LIMITED | FY2023 | £5k |
| BELZ ISRAEL CHARITABLE TRUST | FY2022 | £4k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| CMSB CHARITABLE TRUST | 2 | £15k |
| GILMOOR BENEVOLENT FUND LIMITED | 1 | £80k |
| KOLLEL AND CO LIMITED | 1 | £51k |
| YAD VOCHESSED ASSOCIATION LIMITED | 1 | £39k |
| REIFER MEMORIAL LIMITED | 1 | £38k |
| OLLINGHAM LIMITED | 1 | £36k |
| CHASSIDEI BELZ MANCHESTER | 1 | £27k |
| ZICHRON MEIR LIMITED | 1 | £20k |