THE SAMUEL TAK LEE CHARITABLE TRUST
Financial health, per its FY2024 accounts
The accounts state that the Charity holds unrestricted reserves of £2,841,348, derived primarily from investment income of £108,532. The trustees report that the Charity has minimal running costs and aims to distribute financial grants at the earliest opportunity, holding surplus funds as cash. The independent auditors confirmed that the going concern basis of accounting is appropriate with no material uncertainties identified.
What the accounts disclose
Trustees
- STL PTC UK (NO 2) LIMITED
- STL PTC UK LIMITED
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £132k | £226k |
| 31/03/2024 | £109k | £17k |
| 31/03/2023 | £34k | £1.7m |
| 31/03/2022 | £2k | £19k |
| 31/03/2021 | £2k | £30k |
Common questions
Is THE SAMUEL TAK LEE CHARITABLE TRUST financially healthy?
The accounts state that the Charity holds unrestricted reserves of £2,841,348, derived primarily from investment income of £108,532. The trustees report that the Charity has minimal running costs and aims to distribute financial grants at the earliest opportunity, holding surplus funds as cash. The independent auditors confirmed that the going concern basis of accounting is appropriate with no material uncertainties identified. Its FY2024 accounts were audited by HaysMac LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE HAPPY BABY COMMUNITY | 1 | £14k |