LETS FOR LIFE
Specialist supported housing provider
Latest income
£609k
Latest spending
£472k
Registered
2014
Accounts read
FY2025
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves stood at £492,967, which is above the stated policy target of three to six months' expenditure. The trustees report a healthy financial position supported by funding from the parent charity, with no material uncertainties affecting the going concern basis.
What the accounts disclose
Reserves policy: three and six month’s expenditure (held: £493k)
“It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month’s expenditure.” — page 6
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Transactions with related parties: At the year end, the charitable company owed £347,641 (2024: £75,295) to The Cameron Charitable Trust. Mr D R Cameron is a trustee and director of both charitable companies.
“At the year end, the charitable company owed £347,641 (2024: £75,295) to The Cameron Charitable Trust. Mr D R Cameron is a trustee and director of both charitable companies.” — page 16
“At the year end, the charitable company owed a net amount of £3,300 to (2024: £51,311 owed by) Hensmill Estates LLP. Mr D R Cameron is a partner in this business.” — page 16
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Transactions with related parties: At the year end, the charitable company owed a net amount of £3,300 to (2024: £51,311 owed by) Hensmill Estates LLP. Mr D R Cameron is a partner in this business.
“At the year end, the charitable company owed £347,641 (2024: £75,295) to The Cameron Charitable Trust. Mr D R Cameron is a trustee and director of both charitable companies.” — page 16
“At the year end, the charitable company owed a net amount of £3,300 to (2024: £51,311 owed by) Hensmill Estates LLP. Mr D R Cameron is a partner in this business.” — page 16
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Transactions with related parties: The charitable company benefited from rent-free office space provided by Mr D R Cameron.
“At the year end, the charitable company owed £347,641 (2024: £75,295) to The Cameron Charitable Trust. Mr D R Cameron is a trustee and director of both charitable companies.” — page 16
“At the year end, the charitable company owed a net amount of £3,300 to (2024: £51,311 owed by) Hensmill Estates LLP. Mr D R Cameron is a partner in this business.” — page 16
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Transactions with related parties: Mr D R Cameron provided a loan of £5,000, which is repayable on demand, to the charitable company in the year ended 31 March 2023 towards the cost of a motor vehicle. The balance remains outstanding at the year end.
“At the year end, the charitable company owed £347,641 (2024: £75,295) to The Cameron Charitable Trust. Mr D R Cameron is a trustee and director of both charitable companies.” — page 16
“At the year end, the charitable company owed a net amount of £3,300 to (2024: £51,311 owed by) Hensmill Estates LLP. Mr D R Cameron is a partner in this business.” — page 16
Per its FY2025 accounts as filed with the Charity Commission.
Funders the charity credits
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/03/2025)
Total income
£609k
Total spending
£472k
Reserves (reported)
£493k
Employees
1
Trustees
- ALICIA WOOD
- Alan Crofts
- Duncan Cameron
- Josie Saville
- Nadia Andrews
- ROBERT GREGORY THOMPSON
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £609k | £472k |
| 31/03/2024 | £475k | £378k |
| 31/03/2023 | £390k | £340k |
| 31/03/2022 | £293k | £227k |
| 31/03/2021 | £238k | £175k |
Common questions
Is LETS FOR LIFE financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves stood at £492,967, which is above the stated policy target of three to six months' expenditure. The trustees report a healthy financial position supported by funding from the parent charity, with no material uncertainties affecting the going concern basis. Its FY2025 accounts were independently examined.