Charity Accounts Intelreading the accounts so you don’t have to

THE BLUE LAMP TRUST

Registered charity 1137786 · accounts filings on the Charity Commission register

Get email alerts for this charity

Latest income
£1.2m
Latest spending
£1.4m
Registered
2010
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity reported a net expenditure of £87,796 for the year, resulting in a decrease in total unrestricted funds from £581,440 to £493,644. Per the trustees' report, free reserves stood at £445,392, which is below the stated policy target of six months of budgeted salary costs plus fixed costs. The trustees confirmed that resources are adequate to continue as a going concern with no material uncertainties identified.

What the accounts disclose

Reserves policy: six months (50%) of the budgeted annual salary costs plus six months fixed costs (held: £445k)
“The Policy provides that an amount equivalent to six months (50%) of the budgeted annual salary costs (including National Insurance and pension contributions) plus six months fixed costs will be held as a Critical Minimum Reserve.” — page 17
Per its FY2024 accounts as filed with the Charity Commission.
Trading subsidiary: Blue Lamp Trust (Services) Limited
“A wholly owned subsidiary, Blue Lamp Trust (Services) Ltd, Company Number 12468719, was incorporated on 18 February 2020 and started trading from 1 April 2020.”
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Compass Accountants Limited. Discloses 4 of 6 completeness components.

Structured financials (annual return, FY ending 31/03/2025)

Total income
£1.2m
Total spending
£1.4m
Cost of raising funds
£759k
Reserves (reported)
£424k
Employees
16

Reported reserves equal ~3.6 months of spending — below the median for charities its size (median 4.8 months; benchmarks).

Trustees

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

Operates in: Hampshire · Isle Of Wight

Income and spending

Financial year endIncomeSpending
31/03/2025£1.2m£1.4m
31/03/2024£1.3m£1.4m
31/03/2023£1.2m£1.1m
31/03/2022£381k£293k
31/03/2021£278k£218k

Common questions

Is THE BLUE LAMP TRUST financially healthy?

The accounts state that the charity reported a net expenditure of £87,796 for the year, resulting in a decrease in total unrestricted funds from £581,440 to £493,644. Per the trustees' report, free reserves stood at £445,392, which is below the stated policy target of six months of budgeted salary costs plus fixed costs. The trustees confirmed that resources are adequate to continue as a going concern with no material uncertainties identified. Its FY2024 accounts were audited by Compass Accountants Limited.