THE LOCKETT TRUST
The Trustees, at their discretion, consider a limited number of applications from Individuals, Voluntary Organisations and Registered Charities for Grants to assist them in their primary objectives.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net expenditure of £29,714 for the year, reducing its total unrestricted funds from £1,557,535 to £1,527,821. Per the trustees' report, the principal funding source is the original legacy from Derek Lockett, which is invested to generate an annual income target of £40,000. The charity holds no stated reserves policy target and has no disclosed pension deficits or trading subsidiaries.
What the accounts disclose
Trustees
- DAVID MOOREchair
- Danielle Speirs
- Jay Wigmore
- Lynn HUGHES
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/05/2025 | £53k | £82k |
| 31/05/2024 | £51k | £49k |
| 31/05/2023 | £47k | £53k |
| 31/05/2022 | £40k | £75k |
| 31/05/2021 | £36k | £22k |
Common questions
Is THE LOCKETT TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net expenditure of £29,714 for the year, reducing its total unrestricted funds from £1,557,535 to £1,527,821. Per the trustees' report, the principal funding source is the original legacy from Derek Lockett, which is invested to generate an annual income target of £40,000. The charity holds no stated reserves policy target and has no disclosed pension deficits or trading subsidiaries. Its FY2025 accounts were independently examined.