PETER LANG CHILDREN'S TRUST
?To increase the number of babies and toddlers (aged conception to 3 years of age) in Gloucestershire who experience loving, nurturing and harm-free childhoods.?
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net expenditure of £255,247 for the year ended 31 December 2024, resulting in a reduction of unrestricted reserves to £2,368,422. The trustees consider the charity to be a going concern, noting that current reserves secure its immediate future. The charity is funded entirely by investment income with no external fundraising activities conducted.
What the accounts disclose
“It is the policy of the Trustees to maintain reserves at a level so that sufficient investment income may be derived in order to finance the committed grant awards, whilst maintaining a hedge against possible future decreases in the market value of investments.”
Trustees
- Arabella Bruce-Smith
- JOHN HOLLAND
- OLIVIA BRIDGET OSICKI
- ROBIN BALBERNIE
- STEPHEN HAWKINS
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £67k | £442k |
| 31/12/2023 | £81k | £452k |
| 31/12/2022 | £73k | £449k |
| 31/12/2021 | £73k | £455k |
| 31/12/2020 | £71k | £460k |
Common questions
Is PETER LANG CHILDREN'S TRUST financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net expenditure of £255,247 for the year ended 31 December 2024, resulting in a reduction of unrestricted reserves to £2,368,422. The trustees consider the charity to be a going concern, noting that current reserves secure its immediate future. The charity is funded entirely by investment income with no external fundraising activities conducted. Its FY2024 accounts were independently examined.