LOCHLANDS TRUST
General Charitable Purposes
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves decreased from £2,923,139 to £2,601,792 due to a net expenditure of £321,237, driven by a significant unrealized loss on investments. The charity maintains a reserves policy primarily focused on maintaining investment capital to fund grants. Despite the drop in reserves, the entity remains solvent with unrestricted funds covering all liabilities.
What the accounts disclose
“The trustees wish primarily to maintain the investment capital of the trust and distribute the income generated by way of grants” — page 3
Trustees
- BENEDICT CHARLES ADAM-SMITH
- IAN ADAM-SMITH
- SARA ELIZABETH GRANT ADAM-SMITH
- TIMOTHY GRANT ADAM-SMITH
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £70k | £104k |
| 31/12/2024 | £69k | £101k |
| 31/12/2023 | £63k | £92k |
| 31/12/2022 | £52k | £85k |
| 31/12/2021 | £54k | £95k |
Common questions
Is LOCHLANDS TRUST financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted reserves decreased from £2,923,139 to £2,601,792 due to a net expenditure of £321,237, driven by a significant unrealized loss on investments. The charity maintains a reserves policy primarily focused on maintaining investment capital to fund grants. Despite the drop in reserves, the entity remains solvent with unrestricted funds covering all liabilities. Its FY2024 accounts were independently examined.