THE LORD COCKFIELD MEMORIAL TRUST
Latest income
£171k
Latest spending
£264k
Registered
2008
Accounts read
FY2023
Financial health, per its FY2023 accounts
The accounts state that the charity holds unrestricted reserves of £5,685,472.66, which it relies upon to cover charitable activities and other costs. The trustees report that the bulk of management is performed by a law firm where one trustee is a consultant, and the charity incurred a net loss of £142,131.85 for the year due to investment losses.
What the accounts disclose
Reserves policy: unclear (held: £5.7m)
“The Charity holds reserves to cover its Charitable activities and other costs. The Charity relies on its reserves and capital investment growth to cover expenditure.” — page 5
Per its FY2023 accounts as filed with the Charity Commission.
Going concern: noted by the trustees or auditor
“The Charity relies on its reserves and capital investment growth to cover expenditure.” — page 5
Per its FY2023 accounts as filed with the Charity Commission.
Year-over-year changes
- Going concern: no going-concern doubt (FY2022) → going-concern doubt noted (FY2023).
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £171k | £264k |
| 05/04/2024 | £160k | £155k |
| 05/04/2023 | £216k | £139k |
| 05/04/2022 | £123k | £100k |
| 05/04/2021 | £116k | £118k |
Common questions
Is THE LORD COCKFIELD MEMORIAL TRUST financially healthy?
The accounts state that the charity holds unrestricted reserves of £5,685,472.66, which it relies upon to cover charitable activities and other costs. The trustees report that the bulk of management is performed by a law firm where one trustee is a consultant, and the charity incurred a net loss of £142,131.85 for the year due to investment losses. Its FY2023 accounts were independently examined.