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LUGWARDINE EDUCATION CENTRE

Registered charity 1083478 · accounts filings on the Charity Commission register

Educational activities; local Activities

Causes: Education/training · Arts/culture/heritage/science · Get email alerts

Latest income
£54k
Latest spending
£53k
Registered
2000
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity reported a small surplus of £698 for the year ended 31 December 2024, a significant decrease from the previous year's £6,092, primarily due to increased light and heat costs. Per the trustees' report, the charity maintains unrestricted reserves of £376,554 and intends to build a sufficient buffer reserve to meet emergencies through future land sales and property development.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: build a sufficient buffer reserve to be able to meet almost any emergency (held: £377k)
“It is the intention of the Trust to use the strategy outlined in Item 4 to build a sufficient buffer reserve to be able to meet almost any emergency.” — page 4
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

Property (HM Land Registry)

2 registered titles in England and Wales held by the charity’s company or corporate body (2 freehold). All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Trustees · trustee networks

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

Operates in: Herefordshire

Income and spending

Financial year endIncomeSpending
31/12/2024£54k£53k
31/12/2023£55k£49k
31/12/2022£56k£83k
31/12/2021£150k£82k
31/12/2020£56k£48k

Common questions

Is LUGWARDINE EDUCATION CENTRE financially healthy?

Per its FY2024 accounts: The accounts state that the charity reported a small surplus of £698 for the year ended 31 December 2024, a significant decrease from the previous year's £6,092, primarily due to increased light and heat costs. Per the trustees' report, the charity maintains unrestricted reserves of £376,554 and intends to build a sufficient buffer reserve to meet emergencies through future land sales and property development. Its FY2024 accounts were independently examined.