LAMBOURN VALLEY HOUSING TRUST

Registered charity 1049742 · accounts filings on the Charity Commission register

The principal activity of the charity is to relieve poverty among persons employed, or formerly employed or active in the horse racing industry (together with their wives, widows and dependent children) in particular by the provision of housing.

Causes: The Prevention Or Relief Of Poverty · Accommodation/housing · website · Get email alerts

Latest income

£341k

Latest spending

£191k

Registered

1995

Accounts read

FY2026

Financial health, per its FY2026 accounts

The accounts state that unrestricted funds totalled £3,023,337 at the year end, with a net income surplus of £149,903 generated from charitable activities and donations. The trustees consider the level of reserves appropriate, noting that a significant proportion is represented by tangible fixed assets (properties) not available for general expenditure. The charity has no employees and maintains a surplus while managing borrowing commitments and property maintenance obligations.

Automated summary of the FY2026 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Largest income source: Charitable activities (70% of income)

“Charitable activities 4 240,066 234,023” — page 12

Per its FY2026 accounts as filed with the Charity Commission.

Reserves policy: Unrestricted funds are held to support the continued provision of accommodation. A significant proportion of reserves are represented by the properties let out and are not available for general expenditure. (held: £3.0m)

“Unrestricted funds are held to support the continued provision of accommodation. A significant proportion of reserves are represented by the properties let out and are not available for general expenditure. At the year end, total unrestricted funds were £3.0m. This included tangible fixed assets of £3.4m, current assets of £0.1m, together with liabilities and borrowings of £0.5m. The trustees consider the level of reserves appropriate, having regard to property maintenance obligations and borrowing commitments.” — page 4

Per its FY2026 accounts as filed with the Charity Commission.

Payments to trustees: Management fees of £1,600 paid to C Dunlop, a Trustee, for services relating to St Michael's Close.

“During the year, management fees relating to St Michael's Close of £1,600 (2025 - £3,840) were paid to C Dunlop, a Trustee of Lambourn Valley Housing Trust.” — page 21

Per its FY2026 accounts as filed with the Charity Commission.

Related-party transaction: 17. Related Party Disclosures

“During the year, management fees relating to St Michael's Close of £1,600 (2025 - £3,840) were paid to C Dunlop, a Trustee of Lambourn Valley Housing Trust.” — page 21

Per its FY2026 accounts as filed with the Charity Commission.

Accounts audited by Kingscott Dix (Cheltenham) Limited. Discloses 5 of 6 completeness components.

Property (HM Land Registry)

11 registered titles in England and Wales held by the charity’s company or corporate body (10 freehold); recorded price paid £593k. All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Structured financials (annual return, FY ending 31/01/2024)

Total income

£535k

Total spending

£174k

Reserves (reported)

£2.8m

Employees

Reported reserves equal ~194.0 months of spending — in the top quarter for charities its size (median 7.0 months; benchmarks).

Per its annual return, largest income source: Donations and legacies (100% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 0.0% of total income — below the median for charities its size (2.9%) (benchmarks).

Trustees · trustee networks

CAPTAIN RICHARD MARK SMYLYchair
Christina Dunlop
Jonathan Guy Berkeley Portman
Lucy Snowden
Michael John Bannatyne Watson
SIMON MARSH
Stephen Robert Hatcher
William Scandrett Harford

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

Operates in: West Berkshire

Income and spending

Financial year end	Income	Spending
31/01/2026	£341k	£191k
31/01/2025	£260k	£203k
31/01/2024	£738k	£174k
31/01/2023	£156k	£44k
31/01/2022	£170k	£62k

Common questions

Is LAMBOURN VALLEY HOUSING TRUST financially healthy?

Per its FY2026 accounts: The accounts state that unrestricted funds totalled £3,023,337 at the year end, with a net income surplus of £149,903 generated from charitable activities and donations. The trustees consider the level of reserves appropriate, noting that a significant proportion is represented by tangible fixed assets (properties) not available for general expenditure. The charity has no employees and maintains a surplus while managing borrowing commitments and property maintenance obligations. Its FY2026 accounts were audited by Kingscott Dix (Cheltenham) Limited.

Who funds LAMBOURN VALLEY HOUSING TRUST?

Funders whose own accounts filings name LAMBOURN VALLEY HOUSING TRUST as a grant recipient include MONDAY CHARITABLE TRUST.

Known funders

Grants to this charity found in funders’ own accounts filings.

Funder	Year	Amount	Purpose (as stated by the funder)
MONDAY CHARITABLE TRUST	FY2022	£100k	Discretionary Grants
MONDAY CHARITABLE TRUST	FY2023	£10k	Discretionary Grants