LOWESTOFT CHURCH AND TOWN ESTATE CHARITY
Latest income
£119k
Latest spending
£149k
Registered
1995
Accounts read
FY2023
Financial health, per its FY2023 accounts
The accounts state that unrestricted funds totalled £3,846,963 at the year end, representing a surplus from the previous year's £3,793,650. The trustees report that the financial position of the constituent charities was satisfactory, with sufficient reserves and budgeted income to continue as a going concern.
What the accounts disclose
Reserves policy: sufficient reserves to generate income / sufficient funds to pay annual grants (held: £3.8m)
“The Estate Charity holds sufficient reserves to generate income for its charitable purposes. The Relief in Need Charity and The Educational Foundation maintain sufficient funds to pay annual grants.” — page 5
Per its FY2023 accounts as filed with the Charity Commission.
Trustees
- Andrew Pearce
- Anne-Marie Battrick
- Derek Spall
- Gillian Battrick
- JILL COLLINS
- Jennifer Dyer
- MARY Eccles
- Malcolm William Howes
- Maureen Patricia Waterton
- Michael Gall
- Paul Page
- Rev Simon Stokes
- Robert Linton
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £119k | £149k |
| 05/04/2024 | £131k | £88k |
| 05/04/2023 | £109k | £109k |
| 05/04/2022 | £116k | £84k |
| 05/04/2021 | £118k | £75k |
Common questions
Is LOWESTOFT CHURCH AND TOWN ESTATE CHARITY financially healthy?
The accounts state that unrestricted funds totalled £3,846,963 at the year end, representing a surplus from the previous year's £3,793,650. The trustees report that the financial position of the constituent charities was satisfactory, with sufficient reserves and budgeted income to continue as a going concern. Its FY2023 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| WEST LOOE TOWN TRUST | 1 | £3k |