THE LOVINGTON FOUNDATION
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves stood at £2,443,696, significantly exceeding the trustees' stated policy of maintaining at least £40,000 in cash to cover annual costs. With net assets increasing to £2,443,696 from £2,315,521 the prior year and no staff employed, the charity reports a strong financial position with no material uncertainties regarding its ability to continue as a going concern.
What the accounts disclose
“The trustees therefore keep at least £40,000 in cash in a separate bank account to the Investment Portfolio, which is enough to cover more than a year’s costs.” — page 4
“Total donations of £210,000 without conditions were received from related parties during the year.” — page 14
Trustees
- ANNABELLE MARIE OLDHAM LUPTONchair
- CAMILLA CONSTANCE LUPTON
- LADY LUPTON
- LORD JAMES LUPTON
- SAM ALEXANDER LUPTON
- Victoria Fleur Lupton
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £207k | £149k |
| 31/03/2024 | £309k | £181k |
| 31/03/2023 | £236k | £452k |
| 31/03/2022 | £353k | £90k |
| 31/03/2021 | £30k | £269k |
Common questions
Is THE LOVINGTON FOUNDATION financially healthy?
The accounts state that unrestricted reserves stood at £2,443,696, significantly exceeding the trustees' stated policy of maintaining at least £40,000 in cash to cover annual costs. With net assets increasing to £2,443,696 from £2,315,521 the prior year and no staff employed, the charity reports a strong financial position with no material uncertainties regarding its ability to continue as a going concern. Its FY2024 accounts were independently examined.