LACES EDUCATIONAL
Financial health, per its FY2023 accounts
The accounts state that unrestricted funds decreased from £110,408 to £57,892 due to total expenditure of £115,218 exceeding incoming resources of £62,702. The trustees' report indicates a reserves policy to retain sufficient levels to cover contingencies and risks, though no specific monetary target is defined. The charity was entitled to exemption from audit under small companies provisions.
What the accounts disclose
Trustees
- HOWARD JOHN DELLARchair
- MARGARET JANE FULFORD OBE
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £216k | £180k |
| 31/03/2024 | £101k | £149k |
| 31/03/2023 | £63k | £115k |
| 31/03/2022 | £56k | £37k |
| 31/03/2021 | £50k | £46k |
Common questions
Is LACES EDUCATIONAL financially healthy?
The accounts state that unrestricted funds decreased from £110,408 to £57,892 due to total expenditure of £115,218 exceeding incoming resources of £62,702. The trustees' report indicates a reserves policy to retain sufficient levels to cover contingencies and risks, though no specific monetary target is defined. The charity was entitled to exemption from audit under small companies provisions. Its FY2023 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| SF FOUNDATION | 1 | £445k |
| LPW LIMITED | 1 | £133k |
| GERSON BERGER ASSOCIATION LIMITED | 1 | £105k |
| BEIS MENACHEM CHABAD LUBAVITCH | 1 | £102k |
| OLLINGHAM LIMITED | 1 | £100k |
| FRIENDS OF WMSBG-KOLEL DAMESEK ELIEZER | 1 | £100k |
| THE RABBI MOSHE & LEAH DERMER FOUNDATION | 1 | £76k |
| Y G S YESHIVA GEDOLA SEMINAR | 1 | £59k |