LOWESTOFT CHURCH AND TOWN ESTATE CHARITY
This Charity manages a portfolio of residential properties and investments with a view to generating income for distribution in pre determined shares to St. Margarets Lowestoft PCC, a Relief in Need Charity, an Education Foundation and a Reserve for General Benefit Charity
Financial health, per its FY2025 accounts
The accounts state that the charity holds total unrestricted funds of £3,915,476, which the trustees consider sufficient to continue as a going concern. The charity reported a net expenditure for the year, resulting in a decrease in total funds from the previous year, but maintains significant reserves. The trustees confirm that no material uncertainties exist regarding the charity's ability to continue its operations.
What the accounts disclose
“Other debtors include £274,298 (2024: £298,920) due from the Lowestoft Church and Town Almshouse Charity, a connected charity, repayable over 25 years.” — page 16
“A grant of £50,000 was paid to The Parochial Church Council of The Ecclesiastical Parish of St Margaret Lowestoft in the period for urgent roof repairs” — page 18
“Other debtors include £274,298 (2024: £298,920) due from the Lowestoft Church and Town Almshouse Charity, a connected charity, repayable over 25 years.” — page 16
“A grant of £50,000 was paid to The Parochial Church Council of The Ecclesiastical Parish of St Margaret Lowestoft in the period for urgent roof repairs” — page 18
Property (HM Land Registry)
Trustees
- Andrew Pearce
- Anne-Marie Battrick
- Derek Spall
- JILL COLLINS
- Jennifer Dyer
- MARY Eccles
- Malcolm William Howes
- Maureen Patricia Waterton
- Michael Gall
- Paul Page
- Rev Simon Stokes
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?
Per its FY2025 accounts: The accounts state that the charity holds total unrestricted funds of £3,915,476, which the trustees consider sufficient to continue as a going concern. The charity reported a net expenditure for the year, resulting in a decrease in total funds from the previous year, but maintains significant reserves. The trustees confirm that no material uncertainties exist regarding the charity's ability to continue its operations. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE THEATRES TRUST CHARITABLE FUND | 1 | £1k |
Charities like this
- LITTLEPORT TOWN LANDS CHARITY
- THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CHRIST CHURCH LOWESTOFT
- THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF EAST LEIGHTONSTONE
- LADY ELIZABETH HASTINGS' ESTATE CHARITY
- ST MARY THE VIRGIN ESTATE MANAGEMENT CHARITY
- THE LOWESTOFT PLAYERS LIMITED
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| LOWESTOFT CHURCH AND TOWN ESTATE CHARITY | £119k | — | 0 | above | — | no doubt |
| LITTLEPORT TOWN LANDS CHARITY | £162k | — | 0 | unclear | — | no doubt |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CHRIST CHURCH LOWESTOFT | £162k | — | 0 | unclear | — | no doubt |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF EAST LEIGHTONSTONE | £282k | — | 0 | unclear | — | no doubt |
| LADY ELIZABETH HASTINGS' ESTATE CHARITY | £684k | — | 0 | below | — | no doubt |
| ST MARY THE VIRGIN ESTATE MANAGEMENT CHARITY | £460k | — | 0 | below | — | no doubt |