LINCOLNSHIRE EMPLOYMENT ACCOMMODATION PROJECT LIMITED
The Charity provides housing and support services to promote social inclusion to vulnerable young people
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves stood at £2,565,769, which is below the stated policy target of 50% of current year operational expenditure. The charity reported a net surplus of £286,447 for the year, with total income of £1,458,120 against charitable expenditure of £1,171,673.
What the accounts disclose
“In the band £60,001 - £70,000 1” — page 32
“Income from charitable activities - Housing Support 1,220,041” — page 28
“The aim is to build this account up to the 50% over the next two to three years.”
“Hannah Spencer (resigned on 04/09/2024), trustee for LEAP, is a director of LAGAT Ltd. During the year LEAP engaged LAGAT Ltd for training for a total cost of £75 (2024: £75). This transaction was conducted on an arms length basis.” — page 41
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/03/2025)
Register events
- Received assets from another charity (16/02/2023)
- Received assets from another charity (02/07/2019)
Trustees
- Elaine Lilley
- Erika Stoddart
- Gerard McGrath
- James Grubb
- Julia Wilkinson
- Nicola Worboys
- Sam Scoffield
- Yasmin Holley
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £1.5m | £1.2m |
| 31/03/2024 | £1.2m | £1.1m |
| 31/03/2023 | £1.2m | £1.1m |
| 31/03/2022 | £940k | £851k |
| 31/03/2021 | £1.7m | £1.0m |
Common questions
Is LINCOLNSHIRE EMPLOYMENT ACCOMMODATION PROJECT LIMITED financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves stood at £2,565,769, which is below the stated policy target of 50% of current year operational expenditure. The charity reported a net surplus of £286,447 for the year, with total income of £1,458,120 against charitable expenditure of £1,171,673. Its FY2025 accounts were audited by Streets Audit LLP.
What does the highest-paid employee of LINCOLNSHIRE EMPLOYMENT ACCOMMODATION PROJECT LIMITED earn?
Per its FY2025 accounts, the highest-paid employee was in the £60,001 - £70,000 band.
Who funds LINCOLNSHIRE EMPLOYMENT ACCOMMODATION PROJECT LIMITED?
Funders whose own accounts filings name LINCOLNSHIRE EMPLOYMENT ACCOMMODATION PROJECT LIMITED as a grant recipient include CHARITY OF SIR RICHARD WHITTINGTON.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| CHARITY OF SIR RICHARD WHITTINGTON | FY2024 | £28k | Church & Communities Programme |
| CHARITY OF SIR RICHARD WHITTINGTON | FY2025 | £25k | Church & Communities Programme |
| CHARITY OF SIR RICHARD WHITTINGTON | FY2022 | £25k | Church & Communities Programme |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 30/01/2026 | £20k | Louth housing and support services |
| The Mercers' Company | 22/01/2025 | £80k | Grant to LEAP Ltd |
| The Mercers' Company | 26/01/2022 | £79k | Grant to LEAP Ltd |
| The National Lottery Community Fund | 13/04/2011 | £194k | First LEAP |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| SHULEM B. ASSOCIATION LIMITED | 1 | £850k |
| UNITED TALMUDICAL ASSOCIATES LTD | 1 | £532k |
| UTRY | 1 | £216k |
| THE EVAN CORNISH FOUNDATION | 1 | £200k |
| THE FOYLE FOUNDATION | 1 | £200k |
| TRUEDENE CO LIMITED | 1 | £139k |
| WALES COUNCIL FOR VOLUNTARY ACTION | 1 | £91k |
| LOCAL TRUST | 1 | £46k |
Charities like this
- LINCOLNSHIRE COMMUNITY FOUNDATION CIO
- PETRUS COMMUNITY
- RUTLAND HOUSE COMMUNITY TRUST LIMITED
- CAMBRIDGE PRINGLE GROUP
- PEMBROKESHIRE LOCAL ACTION NETWORK FOR ENTERPRISE AND DEVELOPMENT LIMITED
- PALMCOURT LIMITED
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| LINCOLNSHIRE EMPLOYMENT ACCOMMODATION PROJECT LIMITED | £1.5m | £60,001 - £70,000 | — | below | — | no doubt |
| LINCOLNSHIRE COMMUNITY FOUNDATION CIO | £5.6m | — | — | above | — | no doubt |
| PETRUS COMMUNITY | £2.7m | — | 0 | above | — | no doubt |
| RUTLAND HOUSE COMMUNITY TRUST LIMITED | £1.5m | — | 0 | unclear | — | no doubt |
| CAMBRIDGE PRINGLE GROUP | £822k | Under £60,000 | 0 | within | — | no doubt |
| PEMBROKESHIRE LOCAL ACTION NETWORK FOR ENTERPRISE AND DEVELOPMENT LIMITED | £536k | £60,001 - £70,000 | 1 | above | — | no doubt |