THE DUKE OF LANCASTER HOUSING TRUST
The objects of the charity are the provision of housing, accommodation, assistance to help house people and associated facilities and amenities for those in necessitous circumstances.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net movement in funds of £1,063,581 for the year ended 31 March 2025, driven by a £348,809 revaluation gain on property assets and donations from the Duchy of Lancaster. Per the trustees' report, unrestricted free reserves stood at £262,874, which the directors consider in line with their policy to hold six months to one year of running costs. The auditor confirmed that the financial statements give a true and fair view and identified no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“This is in line with the plan the directors set to hold 6 months to 1 year of running costs in unrestricted free reserves to be able to cover day to day expenses and maintenance on the properties.” — page 5
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- ALASTAIR GILBERT MARTIN CVO
- James Maloney
- Lisa Duckworth
- Tom Fawcett
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £831k | £116k |
| 31/03/2024 | £501k | £179k |
| 31/03/2023 | £575k | £110k |
| 31/03/2022 | £1.1m | £115k |
| 31/03/2021 | £185k | £96k |
Common questions
Is THE DUKE OF LANCASTER HOUSING TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net movement in funds of £1,063,581 for the year ended 31 March 2025, driven by a £348,809 revaluation gain on property assets and donations from the Duchy of Lancaster. Per the trustees' report, unrestricted free reserves stood at £262,874, which the directors consider in line with their policy to hold six months to one year of running costs. The auditor confirmed that the financial statements give a true and fair view and identified no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were audited by Saffery LLP.