THE LANKELLYCHASE FOUNDATION
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves stood at £106,878,101, which the trustees consider prudent given their policy to maintain short-term cash access equal to approximately twelve months' projected expenditure. The charity is in the process of redistributing its assets and closing by March 2028, having reduced its investment portfolio from £121.4m to £96.9m during the year.
What the accounts disclose
“The Chief Executive received a gross salary after salary sacrifice with employer pension contributions in the following band: £150,001 - £160,000 (2024: £140,001 - £150,000).” — page 28
“Trustees consider it prudent to have short-term access to cash equal to approximately twelve months’ projected expenditure.” — page 14
“There was only one related party transaction in the year, the purchase of services from a company controlled by the close family member of a trustee, which is listed below (2024: None). No amounts were owed at year end. • Winterburn Works Ltd £1,170” — page 29
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Amanda Jane Hailes
- Amel Hamilton
- Baljeet Kaur Sandhu
- Darren Murinas
- Myron Edwards Rogers
- Roberto Felipe Andres Viveros Gonzalez
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £1.3m | £9.1m |
| 31/03/2024 | £1.5m | £15.7m |
| 31/03/2023 | £815k | £15.7m |
| 31/03/2022 | £2.4m | £14.1m |
| 31/03/2021 | £2.7m | £11.3m |
Common questions
Is THE LANKELLYCHASE FOUNDATION financially healthy?
The accounts state that unrestricted reserves stood at £106,878,101, which the trustees consider prudent given their policy to maintain short-term cash access equal to approximately twelve months' projected expenditure. The charity is in the process of redistributing its assets and closing by March 2028, having reduced its investment portfolio from £121.4m to £96.9m during the year. Its FY2025 accounts were audited by Sayer Vincent LLP.
What does the highest-paid employee of THE LANKELLYCHASE FOUNDATION earn?
Per its FY2025 accounts, the highest-paid employee was in the £150,001 - £160,000 band.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE MASTER CHARITABLE TRUST | 1 | £323k |
| THE AMATEURS TRUST | 1 | £90k |
| THE BORROWS CHARITABLE TRUST | 1 | £10k |