THE LANGHORNE COMPANY
To advance the religious and other charitable work of the Congregation
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves stood at £258,679, which the Trustees consider satisfactory as it represents just under five years' operating expenditure within their planned range of two to five years. The charity reported a net surplus of £47,851 for the year, funded primarily by investment income, with no fundraising activities undertaken. The Trustees confirmed there are no material uncertainties regarding the entity's ability to continue as a going concern.
What the accounts disclose
“The General Fund reserves which stood at £258,679 at the year-end represents just under five years’ operating expenditure which the Trustees consider to be satisfactory, as it is within the planned range of two to five years.” — page 3
“The trustees of the charity are also members of the Order and as such have taken vows of poverty under which they have renounced all personal rights to income and capital. The charity provides for the essential needs of all members of the congregation. The living costs of the trustees are therefore borne by the charity and there are no balances outstanding with any related parties at the Balance sheet date (2023: None). The Trustees do not receive any remuneration from the Charity, but are considered to be the key management personnel. There were no other related party transactions in either year.” — page 14
Trustees
- SISTER JACQUELINE DIANA BRAINchair
- SISTER COLETTE COUILLAUD
- Sister Ana Matilde Prieto
- Sister Anne Marie BELIER
- Sister Maria Elena Oliveira Carrera
- Sister Ursula HUBER
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £156k | £108k |
| 31/12/2023 | £115k | £111k |
| 31/12/2022 | £138k | £104k |
| 31/12/2021 | £140k | £94k |
| 31/12/2020 | £106k | £94k |
Common questions
Is THE LANGHORNE COMPANY financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted reserves stood at £258,679, which the Trustees consider satisfactory as it represents just under five years' operating expenditure within their planned range of two to five years. The charity reported a net surplus of £47,851 for the year, funded primarily by investment income, with no fundraising activities undertaken. The Trustees confirmed there are no material uncertainties regarding the entity's ability to continue as a going concern. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE JD FOUNDATION | 1 | £561k |
| JOHN SWIRE 1989 CHARITABLE TRUST | 1 | £1k |
Charities like this
- THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HARLOW
- THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST PHILEMON TOXTETH
- THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HOLY TRINITY, RUDGWICK
- UNION OF WELSH INDEPENDENTS INCORPORATED
- 1692
- THE SISTERS OF THE POOR CHILD JESUS
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE LANGHORNE COMPANY | £156k | — | 0 | within | — | no doubt |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HARLOW | £303k | — | 0 | above | — | no doubt |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST PHILEMON TOXTETH | £173k | — | 0 | above | — | no doubt |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HOLY TRINITY, RUDGWICK | £269k | — | 0 | unclear | — | no doubt |
| UNION OF WELSH INDEPENDENTS INCORPORATED | £674k | — | 0 | above | — | no doubt |
| 1692 | £462k | — | 0 | within | — | no doubt |