LUTON CULTURAL SERVICES TRUST

Registered charity 1122964 · accounts filings on the Charity Commission register · also known as LUTON CULTURE

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Latest income
£3.6m
Latest spending
£3.8m
Registered
2008
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity reported a net outgoing of resources of £526,136 for the year, primarily driven by a £263,000 pension cost and property impairments. The trustees note that the organization has fallen below its stated reserves policy target of £600,000, though they maintain a reasonable expectation of continuing as a going concern with secured funding confirmed for the next period.

What the accounts disclose

Reserves policy: £600,000 (held: £4.9m)
The Trustees consider that the ideal level of reserves as at 31st March 2024 would be £600,000 representing two months operational expenditure. — page 19
Per its FY2024 accounts as filed with the Charity Commission.
Trading subsidiary: LCST Trading Limited
The group accounts consolidate the accounts of Luton Cultural Services Trust and its subsidiary undertaking, LCST Trading Limited — page 36
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Moore Kingston Smith LLP. Discloses 4 of 6 completeness components.

Structured financials (annual return, FY ending 31/03/2025)

Total income
£3.6m
Total spending
£3.8m
Cost of raising funds
£721k
Reserves (reported)
£0
Employees
45

Reported reserves equal ~0.0 months of spending — in the bottom quarter for charities its size (median 4.8 months; benchmarks).

Register events

Trustees

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

Operates in: Luton

Income and spending

Financial year endIncomeSpending
31/03/2025£3.6m£3.8m
31/03/2024£3.0m£3.5m
31/03/2023£2.8m£4.3m
31/03/2022£4.0m£3.6m
31/03/2021£4.5m£3.3m

Common questions

Is LUTON CULTURAL SERVICES TRUST financially healthy?

The accounts state that the charity reported a net outgoing of resources of £526,136 for the year, primarily driven by a £263,000 pension cost and property impairments. The trustees note that the organization has fallen below its stated reserves policy target of £600,000, though they maintain a reasonable expectation of continuing as a going concern with secured funding confirmed for the next period. Its FY2024 accounts were audited by Moore Kingston Smith LLP.

Government & lottery funding

Grants to this charity published as open data by government and lottery funders (360Giving).

FunderDateAmountPurpose
The National Lottery Heritage Fund18/07/2024£178k"Re-connect"
The National Lottery Heritage Fund22/03/2023£10k"Sustainable Stockwood"
The National Lottery Heritage Fund10/08/2020£68k"COVID19 Luton Cultural Services Trust"
The National Lottery Heritage Fund11/06/2019£1.2m"Hatworks - a new space for creative pioneers"
The National Lottery Heritage Fund18/07/2013£78k"Taking the next step: Improving heritage commercialisation at Luton Culture"
The National Lottery Heritage Fund07/06/2013£9k"Driving cultural donations for Luton"
The National Lottery Heritage Fund21/03/2013£97k"Luton Remembers the First World War"
The National Lottery Heritage Fund20/06/2012£36k"Vardo Art"