THE IAN & NATALIE LIVINGSTONE CHARITABLE TRUST
The support of children's and other disadvantaged group charities.
Financial health, per its FY2024 accounts
The accounts state that the charity ended the year with a net deficit of £107,875, having spent more on grants and governance than it received in donations. The trustees note that this deficit is covered by future donations from trustee Ian Livingstone and that reserves do not meet the stated policy target of two months' expenditure. Despite the deficit, the trustees maintain that the charity has adequate resources to continue in operational existence for at least twelve months.
What the accounts disclose
“At 31 March 2024 the reserves amount was a deficit of £107,875. The Trustees are aware that the reserves at the reporting date do not meet the criteria of the reserves policy.”
“The charity's total funds were in deficit by £107,875, which is covered by future donations from lan Livingstone. After making enquiries, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence and meet its liabilities as they fall due for the foreseeable future.” — page 10
“During the year ended 31 March 2024, lan Livingstone who is a trustee of the charity, donated £223,045 (2023: £385,000) to the charity.” — page 18
Year-over-year changes
- Going concern: no going-concern doubt (FY2023) → going-concern doubt noted (FY2024).
Structured financials (annual return, FY ending 31/03/2021)
Trustees
- IAN LIVINGSTONE
- MARK JOSEPH LEVITT
- Natalie Livingstone
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £330k | £224k |
| 31/03/2024 | £279k | £367k |
| 31/03/2023 | £483k | £505k |
| 31/03/2022 | £158k | £113k |
| 31/03/2021 | £661k | £725k |
Common questions
Is THE IAN & NATALIE LIVINGSTONE CHARITABLE TRUST financially healthy?
Per its FY2024 accounts: The accounts state that the charity ended the year with a net deficit of £107,875, having spent more on grants and governance than it received in donations. The trustees note that this deficit is covered by future donations from trustee Ian Livingstone and that reserves do not meet the stated policy target of two months' expenditure. Despite the deficit, the trustees maintain that the charity has adequate resources to continue in operational existence for at least twelve months. Its FY2024 accounts were independently examined.