LEWISHAM RELIEF IN NEED CHARITY
Financial health, per its FY2024 accounts
The accounts state that the charity generated a net income of £45,775 for the year ended 31 March 2024, resulting in total funds carried forward of £1,645,722. The trustees maintain a reserves policy targeting six months of running costs, and the charity holds significant unrestricted and endowment funds. The independent auditors confirmed that the financial statements give a true and fair view and identified no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“It is the Trustees' policy to provide reserves in accordance with guidance from the Almshouse Association. These currently include the building maintenance funds (see below) and free reserves (i.e. excluding monies tied up in fixed assets or endowment funds) sufficient to cover 6 months running costs.” — page 5
“There are currently three members of staff in the TPT Growth Plan 4. Also, there are two previous members, one deferred and one a pensioner and the estimated pension deficit amount at 30 September 2023 is £8,441.” — page 20
Trustees
- Alex Brooks
- Barbara Ann Peacock
- David Adamson-Hill
- Joan Kalchetar McKenzie
- Julian Watson
- Paul Latouche
- ROY BROWN
- STELLA JANET JEFFREY
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £175k | £166k |
| 31/03/2024 | £171k | £144k |
| 31/03/2023 | £147k | £180k |
| 31/03/2022 | £142k | £151k |
| 31/03/2021 | £158k | £113k |
Common questions
Is LEWISHAM RELIEF IN NEED CHARITY financially healthy?
The accounts state that the charity generated a net income of £45,775 for the year ended 31 March 2024, resulting in total funds carried forward of £1,645,722. The trustees maintain a reserves policy targeting six months of running costs, and the charity holds significant unrestricted and endowment funds. The independent auditors confirmed that the financial statements give a true and fair view and identified no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2024 accounts were audited by Berringers LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| ESTATE CHARITY OF WILLIAM HATCLIFFE | 1 | £1.1m |