THE WYN AND KEN LO MEMORIAL FOUNDATION

Registered charity 1000897 · accounts filings on the Charity Commission register · also known as THE WYN LO MEMORIAL FOUNDATION

The Foundation makes grants to charitable organisations in accordance with the discretion of its trustees who meet approximately annually to consider making grants, the total amount of which is normally in line with the Foundation's annual income and capital appreciation. The trustees will consider applications for grants from other charities.

Objects

GENERAL CHARITABLE PURPOSES

Area of benefit: NOT DEFINED

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: General Charitable Purposes · Get email alerts

Latest income
£66k
Latest spending
£105k
Registered
1990
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity holds total unrestricted funds of £4,145,693, which is an increase from the previous year's £3,913,624. The trustees confirm that reserves are sufficient to cover budgeted expenditure for the next twelve months, with no material uncertainties affecting the going concern basis. The charity operates on a full income distribution policy, allocating all incoming resources to charitable activities and investment management costs.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Largest income source: Investments (100% of income)
“The charity's resources are entirely generated from the trust's investment portfolio and deposit interest from monies held on deposit.”
Per its FY2024 accounts as filed with the Charity Commission.
Reserves policy: full income distribution policy (held: £4.1m)
“The trustees have for many years adopted a full income distribution policy. There are no further commitments other than those already provided for in the financial statements at the year-end for which reserves need to be made available.” — page 7
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/12/2024£66k£105k
31/12/2023£41k£250k
31/12/2022£40k£342k
31/12/2021£36k£118k
31/12/2020£28k£150k

Common questions

Is THE WYN AND KEN LO MEMORIAL FOUNDATION financially healthy?

Per its FY2024 accounts: The accounts state that the charity holds total unrestricted funds of £4,145,693, which is an increase from the previous year's £3,913,624. The trustees confirm that reserves are sufficient to cover budgeted expenditure for the next twelve months, with no material uncertainties affecting the going concern basis. The charity operates on a full income distribution policy, allocating all incoming resources to charitable activities and investment management costs. Its FY2024 accounts were independently examined.