THE LAW SOCIETY EDUCATIONAL TRUST

Registered charity 1137234 · accounts filings on the Charity Commission register

The various funds are the result of bequests, grants and other donations made to the Law Society specifically for the purposes of promoting legal education through the award of grants and prizes to legal students.

Objects

1 TO ADVANCE LEGAL EDUCATION, INCLUDING, BUT WITHOUT LIMITATION, OF PERSONS WHO ARE OR WISH TO BECOME SOLICITORS AND BY THE PROVISION OF BURSARIES, SCHOLARSHIPS AND PRIZES AND OTHER GRANTS FOR PERSONS WHO WISH TO BECOME SOLICITORS IN ENGLAND WALES; AND2 TO PROMOTE THE SOUND ADMINISTRATION OF THE LAW, INCLUDING, BUT WITHOUT LIMITATION, BY THE PROVISION OF CONTINUED PROFESSIONAL DEVELOPMENT TRAINING TO PERSONS WHO ARE SOLICITORS IN ENGLAND AND WALES

Area of benefit: ENGLAND AND WALES

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: Education/training · Get email alerts

Latest income
£126k
Latest spending
£101k
Registered
2010
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity holds unrestricted reserves of £141,880 and restricted reserves of £1,962,023, with total net assets of £2,103,903. The trustees and auditors confirm the charity is a going concern with sufficient resources to meet liabilities for at least the next 12 months. The charity reported a net income of £198,706 for the year, driven by investment gains and voluntary income.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Related-party transaction: The Law Society paid the 2024 audit fee of £5,229 (2023: £5,166) on behalf of the Law Society Educational Trust. At the year-end 2024 there is £10,395 (2023: £10,332) outstanding to the Law Society in respect of audit fees.
“The Law Society paid the 2024 audit fee of £5,229 (2023: £5,166) on behalf of the Law Society Educational Trust. At the year-end 2024 there is £10,395 (2023: £10,332) outstanding to the Law Society in respect of audit fees. This will be invoiced to the Trust and settled in 2025.” — page 22
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by BDO LLP. Discloses 3 of 6 completeness components.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

Register events

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/12/2024£126k£101k
31/12/2023£137k£91k
31/12/2022£115k£86k
31/12/2021£53k£86k
31/12/2020£46k£53k

Common questions

Is THE LAW SOCIETY EDUCATIONAL TRUST financially healthy?

Per its FY2024 accounts: The accounts state that the charity holds unrestricted reserves of £141,880 and restricted reserves of £1,962,023, with total net assets of £2,103,903. The trustees and auditors confirm the charity is a going concern with sufficient resources to meet liabilities for at least the next 12 months. The charity reported a net income of £198,706 for the year, driven by investment gains and voluntary income. Its FY2024 accounts were audited by BDO LLP.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with THE LAW SOCIETY CHARITY.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
THE LAW SOCIETY EDUCATIONAL TRUST£126k—0unclear—no doubt
THE LAW SOCIETY CHARITY FY2025£111k—0unclear—no doubt
THE SOCIETY OF LEGAL SCHOLARS IN THE UNITED KINGDOM AND IRELAND FY2025£304k—0above—no doubt
THE SUTASOMA TRUST FY2025£134k—0unclear—no doubt
THE LEGAL EDUCATION FOUNDATION FY2025£6.3m——unclear—no doubt
BEDINGFIELD'S TRUST FY2025£119k—0unclear—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.