LEICESTER CHARITY ORGANISATION SOCIETY
Financial health, per its FY2023 accounts
The accounts state that free reserves were in surplus by £178,910 after accounting for a pension deficit liability of £25,000. The trustees report that the charity has adequate cash to meet its reserves policy target of six months' unrestricted expenditure, despite the pension deficit reducing the reported reserves below that level.
What the accounts disclose
“The number of employees whose annual remuneration was more than £60,000 per annum or was: 2023 Number 1 £60,000 to £70,000” — page 24
“The number of employees whose annual remuneration was more than £60,000 per annum or was: 2023 Number 1 £60,000 to £70,000” — page 24
“The FRS 102 requirement to show the long-term pension deficit as a creditor in the accounts has had a detrimental effect on the charity's reserves reducing them below the level set in the reserves policy. However, the charity does have adequate cash to achieve the policy aim”
“At the year end the charity was owed £2,436 by R Daphne Plunket Charitable Trust (2022 - £1,878) and £1,469 by The Nicholson Memorial Fund (2022 - £nil)” — page 32
Structured financials (annual return, FY ending 31/03/2025)
Register events
- Received assets from another charity (04/04/2025)
Trustees
- Barnaby Sturgess
- CHERYL PHAROAH
- CHRISTOPHER THOMAS SAUL
- CLIVE EDMUND SMITH
- Craig Ewan Shevas
- Emma Mary Anderson
- George Oliver
- Harinder Kaur Sahota
- Professor Surinder Mohan Sharma
- Steven Richard Barradell
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £1.7m | £1.3m |
| 31/03/2024 | £1.8m | £1.8m |
| 31/03/2023 | £2.1m | £1.9m |
| 31/03/2022 | £1.9m | £2.0m |
| 31/03/2021 | £1.6m | £1.3m |
Common questions
Is LEICESTER CHARITY ORGANISATION SOCIETY financially healthy?
The accounts state that free reserves were in surplus by £178,910 after accounting for a pension deficit liability of £25,000. The trustees report that the charity has adequate cash to meet its reserves policy target of six months' unrestricted expenditure, despite the pension deficit reducing the reported reserves below that level. Its FY2023 accounts were audited by Somerbys Limited.
What does the highest-paid employee of LEICESTER CHARITY ORGANISATION SOCIETY earn?
Per its FY2023 accounts, the highest-paid employee was in the £60,001 - £70,000 band, and 1 employees earned over £60,000.
Who funds LEICESTER CHARITY ORGANISATION SOCIETY?
Funders whose own accounts filings name LEICESTER CHARITY ORGANISATION SOCIETY as a grant recipient include Wyggestons and Trinity Almshouses, THE SHOE ZONE TRUST.
Known funders
| Funder | Year | Amount |
|---|---|---|
| Wyggestons and Trinity Almshouses | FY2024 | £25k |
| Wyggestons and Trinity Almshouses | FY2021 | £25k |
| THE SHOE ZONE TRUST | FY2022 | £20k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE CARLTON HAYES MENTAL HEALTH CHARITY | 1 | £9k |
| THE HELEN JEAN COPE CHARITY | 1 | £1k |
| R. DAPHNE PLUNKET CHARITABLE TRUST | 1 | £875 |