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LANCASTER FOUNDATION

Registered charity 1066850 · accounts filings on the Charity Commission register · also known as THE JOHN AND ROSEMARY LANCASTER CHARITABLE FOUNDATION

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Latest income
£4.2m
Latest spending
£2.8m
Registered
1997
Accounts read
FY2023

Financial health, per its FY2023 accounts

The accounts state that unrestricted reserves stood at £64,985,878, which the trustees confirm were maintained at a level adequate to cover annual donations and management costs. Despite a net expenditure of £2,937,051 driven by investment losses, the charity generated sufficient investment income to meet its grant funding and operating costs.

What the accounts disclose

Reserves policy: sufficient free reserves at a level to generate income adequate to cover annual donations and management and administration costs (held: £65.0m)
“It is the policy of the charity to maintain sufficient free reserves at a level to generate income adequate to cover annual donations and management and administration costs.” — page 3
Per its FY2023 accounts as filed with the Charity Commission.
Related-party transaction: Grants to The Grand at Clitheroe (trustee-connected charity)
“During the year the Charity made grants of 615,000 (2022 - 8122, 160) to The Grand at Clitheroe, a charitable company limited by guarantee, of which Mr I E Lancaster, Mrs R Lancaster and Mr S J Lancaster are Trustees.” — page 21
Per its FY2023 accounts as filed with the Charity Commission.

Accounts audited by Jones Harris Limited. Discloses 4 of 6 completeness components.

Structured financials (annual return, FY ending 31/03/2025)

Total income
£4.2m
Total spending
£2.8m
Reserves (reported)
£2.0m
Employees
5

Reported reserves equal ~8.6 months of spending — above the median for charities its size (median 4.8 months; benchmarks).

Trustees

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

Operates in: Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/03/2025£4.2m£2.8m
31/03/2024£3.7m£2.6m
31/03/2023£3.4m£2.7m
31/03/2022£3.4m£3.0m
31/03/2021£3.0m£2.5m

Common questions

Is LANCASTER FOUNDATION financially healthy?

The accounts state that unrestricted reserves stood at £64,985,878, which the trustees confirm were maintained at a level adequate to cover annual donations and management costs. Despite a net expenditure of £2,937,051 driven by investment losses, the charity generated sufficient investment income to meet its grant funding and operating costs. Its FY2023 accounts were audited by Jones Harris Limited.