LYONSDOWN COMMUNITY TRUST
to advance the Christian faith in the district of Lyonsdown and surrounding districts, through the provision of affordable accommodation in a Christian community, through the holding of Bible study meetings and other open events, through the running of affordable holidays in a Christian environment and through such other projects as the trustees may from time to time think fit
Financial health, per its FY2025 accounts
The accounts state that the Trust operated at a net deficit of £25,742 for the year, with unrestricted reserves falling to £10,219. This actual reserve level is significantly below the stated policy target of £75,000, which is calculated to cover six months of operating expenses. Despite the deficit, the trustees report that the Trust remains in a satisfactory state of solvency.
What the accounts disclose
“The maximum reserves figure for 2024/25, calculated on the basis of the above policy, is £75,000.” — page 2
“unconditional donations to Lyonsdown from Trustees, totalling £31,000 (£10,000 in 2023/24) and services provided on a voluntary basis.” — page 8
Trustees
- John Malcolm GOVEYchair
- PROF DEREK SPURGEON
- Silviya Dimitrova KAYRYAKOVA
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £127k | £153k |
| 05/04/2024 | £112k | £93k |
| 05/04/2023 | £93k | £77k |
| 05/04/2022 | £100k | £128k |
| 05/04/2021 | £66k | £71k |
Common questions
Is LYONSDOWN COMMUNITY TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the Trust operated at a net deficit of £25,742 for the year, with unrestricted reserves falling to £10,219. This actual reserve level is significantly below the stated policy target of £75,000, which is calculated to cover six months of operating expenses. Despite the deficit, the trustees report that the Trust remains in a satisfactory state of solvency. Its FY2025 accounts were independently examined.