THE LILLINGSTONE TRUST
The principal aim of the Charity is to provide support to encourage young adults from lower income backgrounds who are deterred by financial constraints from exploiting their potential by continuing in to higher education in the fields of science, technology, engineering and mathematics.The Charity also supports the promotion of science within the wider local community.
Financial health, per its FY2024 accounts
The accounts state that the Charity holds no free unrestricted funds, as all resources are held within an expendable endowment fund totaling £258,371. The Trustees report that these reserves are sufficient to fund all future grant commitments and that the Charity has adequate resources to continue in operational existence for the foreseeable future.
What the accounts disclose
“Total income from donations was £107,431 (2023: £50,000) and total income from investments was £7,726 (2023: £7,016). In addition, the Trust received Gift Aid from H M Revenue & Customs of £14,524 (2023: £12,500).” — page 6
“Under the Charity Commission guidance the Charity holds no free unrestricted funds as all funds are held as expendable endowment.” — page 5
“During the year John Lane, a Trustee, made a charitable donation of £58,096 (2023: £50,000) and a gift of shares with the value £49,335 (2023: £Nil) to fund the Trust's investment activity.” — page 17
Trustees
- JOHN LANEchair
- Claire Reindorp
- KATHARINE LANE
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £130k | £99k |
| 31/12/2023 | £70k | £67k |
| 31/12/2022 | £10k | £225k |
| 31/12/2021 | £184k | £70k |
| 31/12/2020 | £10k | £105k |
Common questions
Is THE LILLINGSTONE TRUST financially healthy?
Per its FY2024 accounts: The accounts state that the Charity holds no free unrestricted funds, as all resources are held within an expendable endowment fund totaling £258,371. The Trustees report that these reserves are sufficient to fund all future grant commitments and that the Charity has adequate resources to continue in operational existence for the foreseeable future. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE HELEN HAMLYN TRUST | 1 | £2.5m |
| MATER ECCLESIAE CIO | 1 | £190k |
Charities like this
- THE LANCASHIRE FOUNDATION
- THE LILLYWHITE FAMILY TRUST
- TALLOW CHANDLERS BENEVOLENT FUND NO 2
- THE LISTER CHARITABLE TRUST
- Livingston Charitable Trust
- ST MARY'S EDUCATIONAL AND CHARITABLE TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE LILLINGSTONE TRUST | £130k | — | 0 | below | — | no doubt |
| THE LANCASHIRE FOUNDATION | £956k | — | 0 | above | — | no doubt |
| THE LILLYWHITE FAMILY TRUST | £210k | — | 0 | unclear | — | no doubt |
| TALLOW CHANDLERS BENEVOLENT FUND NO 2 | £721k | — | 0 | unclear | — | no doubt |
| THE LISTER CHARITABLE TRUST | £142k | — | 0 | below | — | no doubt |
| Livingston Charitable Trust | £792k | — | 0 | above | — | no doubt |