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LENCH'S TRUST

Registered charity 1145847 · accounts filings on the Charity Commission register

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Latest income
£3.3m
Latest spending
£3.2m
Registered
2012
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the Trust reported a surplus of £269,104 for the year ended 31 December 2024, with total funds reaching £28 million. However, the social housing operating margin decreased significantly to 0.86% from 19% in the previous year, driven by increased deficits in catering and care services. The Trustees confirm adequate resources for going concern, noting that budgets show the Trust meeting its banking covenants.

What the accounts disclose

Highest-paid employee band: £60,001 - £70,000 — below the median for charities its size (£70k)
“The full-time equivalent number of staff who received remuneration greater than £60,000 (including the executive team): 2024 Number 2” — page 28
Per its FY2024 accounts as filed with the Charity Commission.
Employees paid over £60,000: 2
“The full-time equivalent number of staff who received remuneration greater than £60,000 (including the executive team): 2024 Number 2” — page 28
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Forvis Mazars LLP. Discloses 5 of 6 completeness components.

Structured financials (annual return, FY ending 31/12/2024)

Total income
£3.3m
Total spending
£3.2m
Reserves (reported)
£584k
Employees
39

Reported reserves equal ~2.2 months of spending — in the bottom quarter for charities its size (median 4.8 months; benchmarks).

Care Quality Commission ratings

CQC inspection ratings for services run by a provider matching this charity’s name (matched by name; verify provider identity on CQC’s site).

Trustees

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

Operates in: Birmingham City

Income and spending

Financial year endIncomeSpending
31/12/2024£3.3m£3.2m
31/12/2023£3.0m£2.8m
31/12/2022£2.6m£2.5m
31/12/2021£2.6m£2.4m
31/12/2020£2.3m£2.3m

Common questions

Is LENCH'S TRUST financially healthy?

The accounts state that the Trust reported a surplus of £269,104 for the year ended 31 December 2024, with total funds reaching £28 million. However, the social housing operating margin decreased significantly to 0.86% from 19% in the previous year, driven by increased deficits in catering and care services. The Trustees confirm adequate resources for going concern, noting that budgets show the Trust meeting its banking covenants. Its FY2024 accounts were audited by Forvis Mazars LLP.

What does the highest-paid employee of LENCH'S TRUST earn?

Per its FY2024 accounts, the highest-paid employee was in the £60,001 - £70,000 band, and 2 employees earned over £60,000.