THE MAURICE AND HILDA LAING CHARITABLE TRUST
This is a grant-making trust offering financial support to other UK registered charities, in particular faith-based organisations, working to advance the Christian faith & relieve poverty throughout the UK & overseas. Capital or project funding is favoured over revenue funding.
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves stood at £25,107,299, an increase of 3.5% from the previous year. The charity generated a net movement in funds of £857,813, driven by investment gains of £1,452,599 which offset an expenditure excess over income. The trustees maintain an endowment target of £24.1 million and target annual grant expenditure of £1 million.
What the accounts disclose
“The Trustees are seeking to maintain an endowment fund of £24.1million”
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- STEPHENJOHNHAINES LUDLOWchair
- CHARLES WILLIAM DAVID LAING
- Dr PAUL MICHAEL PETER VAN DEN BOSCH
- SIMON DAVID MARTLE
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £725k | £1.3m |
| 31/12/2023 | £752k | £1.2m |
| 31/12/2022 | £770k | £1.3m |
| 31/12/2021 | £783k | £1.2m |
| 31/12/2020 | £674k | £1.6m |
Common questions
Is THE MAURICE AND HILDA LAING CHARITABLE TRUST financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted reserves stood at £25,107,299, an increase of 3.5% from the previous year. The charity generated a net movement in funds of £857,813, driven by investment gains of £1,452,599 which offset an expenditure excess over income. The trustees maintain an endowment target of £24.1 million and target annual grant expenditure of £1 million. Its FY2024 accounts were audited by Mercer & Hole LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| STEWARDS COMPANY LTD | 1 | £311k |
| HABITAT FOR HUMANITY GREAT BRITAIN | 1 | £40k |
| THE MARTIN LAING FOUNDATION | 1 | £20k |
| Verso Vineyard Church Limited | 1 | £20k |
| THE CHRISTOPHER LAING FOUNDATION | 1 | £15k |
| THE KIRBY LAING FOUNDATION | 1 | £10k |
| QUORN BAPTIST CHURCH | 1 | £8k |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST PETER'S CHURCH WESTHAMPNETT | 1 | £5k |
Charities like this
- THE BEATRICE LAING TRUST
- JOHN LAING CHARITABLE TRUST
- H & T CLIENTS CHARITABLE TRUST
- THE LAUNAN CHARITABLE TRUST
- THE STELLA AND ALEXANDER MARGULIES CHARITABLE TRUST
- THE M AND L CHARITABLE TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE MAURICE AND HILDA LAING CHARITABLE TRUST | £725k | — | 0 | unclear | — | no doubt |
| THE BEATRICE LAING TRUST | £2.9m | — | 0 | above | — | no doubt |
| JOHN LAING CHARITABLE TRUST | £2.5m | — | — | unclear | — | no doubt |
| H & T CLIENTS CHARITABLE TRUST | £919k | — | 0 | unclear | — | no doubt |
| THE LAUNAN CHARITABLE TRUST | £10.9m | — | 0 | unclear | — | no doubt |
| THE STELLA AND ALEXANDER MARGULIES CHARITABLE TRUST | £131k | — | 0 | unclear | — | no doubt |