THE LAUNAN CHARITABLE TRUST
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves stood at £7,568,306 at the year end, derived largely from a legacy estate. The trustees report that the charity's income source is entirely dependent on the residue of the Laurence Silman estate, with further funds expected upon the sale of property in 2026. The trustees consider the charity to have adequate resources to continue in operational existence for the foreseeable future.
What the accounts disclose
“As the Trust does not have any ongoing fixed costs, the policy with regards to reserves is twofold: (a) only to commit to future grants for which cash will be available; and (b) to maintain, and review at each Trustee meeting, cash flow forecasts on a rolling 12-month basis.” — page 5
“Grants to The Bard of Pittsburgh Theatre Company Limited of £300,000 (2024: £Nil) of which Trustees Dr Robert Silman and Annouchka De Andrade are Directors.” — page 22
“Grants to Keep Publishing Independent of £3,000,000 (2024: £Nil) of which Trustees Dr Robert Silman and Steven Froelich are Directors.”
“Grants to The Bard of Pittsburgh Theatre Company Limited of £300,000 (2024: £Nil) of which Trustees Dr Robert Silman and Annouchka De Andrade are Directors.” — page 22
“Grants to Keep Publishing Independent of £3,000,000 (2024: £Nil) of which Trustees Dr Robert Silman and Steven Froelich are Directors.”
“This was originally called ‘Extraordinary Publishing’ but the name was changed to avoid confusion with its wholly owned subsidiary Extraordinary Publications Limited (EPL) trading as Extraordinary Books (EB)” — page 4
Corporate structure
- Trading subsidiary: EXTRAORDINARY PUBLICATIONS LIMITED Companies House 15721700
Leadership, per the charity’s website
- Robert Silman — Chair of Trustees
Structured financials (annual return, FY ending 05/04/2025)
Trustees
- Annouchka de Andrade
- Clive Charles Letchford
- Dr Jurgis Gediminas Grudzinskas
- Dr ROBERT EDWARD SILMAN
- Neil Linden Johnson
- Steven Bradley Froelich
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £10.9m | £3.4m |
| 05/04/2024 | £20k | £8k |
| 05/04/2023 | £15k | £14k |
| 05/04/2022 | £26k | £19k |
| 05/04/2021 | £79 | £8k |
Common questions
Is THE LAUNAN CHARITABLE TRUST financially healthy?
The accounts state that unrestricted reserves stood at £7,568,306 at the year end, derived largely from a legacy estate. The trustees report that the charity's income source is entirely dependent on the residue of the Laurence Silman estate, with further funds expected upon the sale of property in 2026. The trustees consider the charity to have adequate resources to continue in operational existence for the foreseeable future. Its FY2025 accounts were audited by Nash Harvey Group LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| BEIS KOSOV | 1 | £2k |