BERNARD LEWIS FAMILY CHARITABLE TRUST
Financial health, per its FY2024 accounts
The accounts state that the charity held unrestricted reserves of £6,651,036 at the end of the financial year, an increase from the previous year's £4,900,351. The trustees report that the trust has more than adequate financial resources to continue in operation for at least twelve months, citing net current assets of £3,085,676. The reserves policy is to retain sufficient funds to cover committed grants and operating costs assuming no further income, a level the trustees intend to maintain.
What the accounts disclose
“Reserves are set to cover the commitments made and operating costs for the period of committed grants, assuming no further income is received. The Trustees intend to maintain reserves levels.” — page 6
“Donations of £4,015,000 (2023: £6,015,000) were received from Lewis Trust Group Limited during the year. Lewis Trust Group Limited is a subsidiary of LFH International Limited, a company in which the Trustees hold directorships and financial interests.” — page 5
“The charity had one employee; salary costs are disclosed in Note 5. The employee was a close family member of a Trustee.” — page 21
“Donations of £4,015,000 (2023: £6,015,000) were received from Lewis Trust Group Limited during the year. Lewis Trust Group Limited is a subsidiary of LFH International Limited, a company in which the Trustees hold directorships and financial interests.” — page 5
“The charity had one employee; salary costs are disclosed in Note 5. The employee was a close family member of a Trustee.” — page 21
Structured financials (annual return, FY ending 31/12/2024)
Register events
- Received assets from another charity (18/08/2021)
Trustees
- CAROLINE JANE GRAINGE
- CLIVE ROBERT LEWIS
- LEONARD RICHARD LEWIS
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £4.2m | £2.6m |
| 31/12/2023 | £6.2m | £6.1m |
| 31/12/2022 | £135k | £5.3m |
| 31/12/2021 | £3.1m | £1.8m |
| 31/12/2020 | £2.6m | £1.6m |
Common questions
Is BERNARD LEWIS FAMILY CHARITABLE TRUST financially healthy?
The accounts state that the charity held unrestricted reserves of £6,651,036 at the end of the financial year, an increase from the previous year's £4,900,351. The trustees report that the trust has more than adequate financial resources to continue in operation for at least twelve months, citing net current assets of £3,085,676. The reserves policy is to retain sufficient funds to cover committed grants and operating costs assuming no further income, a level the trustees intend to maintain. Its FY2024 accounts were audited by Knox Cropper LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE HOUSING ASSOCIATIONS' CHARITABLE TRUST | 1 | £20k |