GEMILLAS LTD
Latest income
£144k
Latest spending
£149k
Registered
1965
Accounts read
FY2024
Financial health, per its FY2024 accounts
The accounts state that unrestricted funds totalled £5,863,334 at the year end, with no stated reserves policy target to compare against. The charity reported a net income increase of £29,238, driven by a £20,000 gain on investments, while maintaining nil staff costs and no trustee remuneration.
What the accounts disclose
Reserves policy: a level which the trustees think appropriate (held: £5.9m)
“It is the policy of the charity to maintain unrestricted funds, which include the free reserves of the charity, at a level which the trustees think appropriate, after considering the future commitments of the charity and the likely costs of the charity for the next year.” — page 4
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Donations received includes amounts aggregating £168,000 from the subsidiary undertaking and £5,000 from a Company connected with the Trustees.
“Donations received includes amounts aggregating £168,000 from the subsidiary undertaking and £5,000 from a Company connected with the Trustees. No conditions were attached to any donations received.” — page 15
Per its FY2024 accounts as filed with the Charity Commission.
Trustees
- Mrs B Laufer
- SOLOMON LAUFER
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £144k | £149k |
| 31/03/2024 | £203k | £194k |
| 31/03/2023 | £173k | £186k |
| 31/03/2022 | £133k | £146k |
| 31/03/2021 | £196k | £194k |
Common questions
Is GEMILLAS LTD financially healthy?
The accounts state that unrestricted funds totalled £5,863,334 at the year end, with no stated reserves policy target to compare against. The charity reported a net income increase of £29,238, driven by a £20,000 gain on investments, while maintaining nil staff costs and no trustee remuneration. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE VIVIENNE AND SAMUEL COHEN CHARITABLE TRUST | 2 | £25k |
| THE JD FOUNDATION | 1 | £561k |
| BEIS MENACHEM CHABAD LUBAVITCH | 1 | £102k |
| THE MURIEL AND GERSHON COREN CHARITABLE FOUNDATION | 1 | £80k |
| B K CHARITABLE TRUST | 1 | £72k |
| THE JMCMRJ SORRELL FOUNDATION | 1 | £50k |
| YESHIVAS LUBAVITCH MANCHESTER | 1 | £20k |
| BETTENHURST CHARITY LIMITED | 1 | £16k |