LACES EDUCATIONAL
ADVANCEMENT OF EDUCATION THROUGHOUT THE WORLD & RELATED PROJECTS.
Objects
(A) THE ADVANCEMENT OF EDUCATION THROUGHOUT THE WORLD AND WITHOUT PREJUDICE TOTHE GENERALITY OF THE FOREGOING THROUGH(I) PROMOTING OR PROVIDING FOR THE BENEFIT OF THE PUBLIC STUDY RESEARCH ANDINSTRUCTION IN ETHICS AND OTHER PHILOSOPHICAL DISCIPLINES AS A PART OF ORAS RELATED TO MEDICINE AND ANY SUBJECT ANCILLARY THERETO;(II) PROMOTING PROJECTS OR DEVELOPING OR ESTABLISHING SCHOOLS IN DEVELOPINGCOUNTRIES TO IMPROVE LITERACY RATES FOR THE BENEFIT OF THE PUBLIC.(III) PROVIDING GRANTS TO STUDENTS STUDYING COURSES FOR THE BENEFIT OF PEOPLEIN DEVELOPING COUNTRIES(B) THE RELIEF OF POVERTY AND SICKNESS INCLUDING THE PROTECTION AND PRESERVATION OFGOOD HEALTH THROUGHOUT THE WORLD.(C) TO PROVIDE OR ASSIST IN THE PROVISION OF FACILITIES IN THE INTERESTS OF SOCIALWELFARE FOR RECREATION OR OTHER LEISURE TIME OCCUPATION OF INDIVIDUALS WHO HAVENEED OF SUCH FACILITIES BY REASON OF THEIR YOUTH, AGE, INFIRMITY OR DISABILITY,FINANCIAL HARDSHIP OR SOCIAL CIRCUMSTANCES WITH THE OBJECT OF IMPROVING THEIRCONDITIONS OF LIFE.(D) SUCH OTHER PURPOSES AS ARE CHARITABLE UNDER THE LAW OF ENGLAND AND WALESBOTH WITHIN THE UNITED KINGDOM OF GREAT BRITAIN AND NORTHERN IRELAND ANDELSEWHERE THROUGHOUT THE WORLD.
Financial health, per its FY2026 accounts
The charity reported total income of £80,655 and total expenditure of £65,717 for the year ended 31 March 2026, resulting in a surplus. Unrestricted funds increased from £46,850 to £61,788, with cash at bank rising to £65,388. The accounts were subject to independent examination rather than audit, with no matters coming to the examiner's attention that required further understanding.
What the accounts disclose
“Laces Educational reserves policy is to retain a sufficient level of reserves io enable the charity to maintain its operating activities and continue providing its services taking account of potential risks and contingencies that may arise from time to time.” — page 4
“Legal and professional fees amounting to £7,122 (2025: £3,891) were paid in the year to Lee Bolton Monier-Williams LLP. Mr Howard John Dellar is a partner in Lee Bolton Monier-Williams LLP and also a trustee of the charity.” — page 10
Policies the charity declares
- Complaints policy and procedures
- Trustee conflicts of interest policy and procedures
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 31/03/2026
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 31/03/2025
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 31/03/2024
- Grant-making is its main activity
Trustees
- HOWARD JOHN DELLARchair
- Alan Mason
- MARGARET JANE FULFORD OBE
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2026 | £81k | £66k |
| 31/03/2025 | £216k | £180k |
| 31/03/2024 | £101k | £149k |
| 31/03/2023 | £63k | £115k |
| 31/03/2022 | £56k | £37k |
Common questions
Is LACES EDUCATIONAL financially healthy?
Per its FY2026 accounts: The charity reported total income of £80,655 and total expenditure of £65,717 for the year ended 31 March 2026, resulting in a surplus. Unrestricted funds increased from £46,850 to £61,788, with cash at bank rising to £65,388. The accounts were subject to independent examination rather than audit, with no matters coming to the examiner's attention that required further understanding. Its FY2026 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE AMERICAN SCHOOL IN LONDON FOUNDATION (UK) LIMITED | 1 | £9.5m |
| ROTHSCHILD FOUNDATION (HANADIV) EUROPE | 1 | £419k |
| THE MONTEFIORE ENDOWMENT | 1 | £194k |
| THE CHARLES WOLFSON CHARITABLE TRUST | 1 | £150k |
| THE PEARS FAMILY CHARITABLE FOUNDATION | 1 | £150k |
| THE ANGLO-AMERICAN CHARITY LIMITED | 1 | £91k |
| THE ARNOLD LEE CHARITABLE TRUST | 1 | £45k |
| THE PHILLIPS AND RUBENS CHARITABLE TRUST | 1 | £37k |
Charities like this
- LACES TRUST
- THE AMERICAN SCHOOL IN LONDON EDUCATIONAL TRUST LTD
- LEEDS CHRISTMAS CHARITY LUNCH
- LLE 'CHI
- N D EDUCATIONAL TRUST
- THE LONDON SCHOOL OF JEWISH STUDIES
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| LACES EDUCATIONAL | £81k | — | — | unclear | — | no doubt |
| LACES TRUST | £105k | — | 0 | unclear | — | no doubt |
| THE AMERICAN SCHOOL IN LONDON EDUCATIONAL TRUST LTD | £59.1m | — | 0 | unclear | — | no doubt |
| LEEDS CHRISTMAS CHARITY LUNCH | £336k | — | — | unclear | — | no doubt |
| LLE 'CHI | £153k | — | 0 | unclear | — | no doubt |
| N D EDUCATIONAL TRUST | £27k | — | 0 | above | — | no doubt |