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
Objects
(1) TO ADVANCE THE CHRISTIAN FAITH IN LYONSDOWN, IN THE DISTRICT OF NEW BARNET, IN THE LONDON BOROUGH OF BARNET, AND SURROUNDING DISTRICTS, FOR THE BENEFIT OF THE PUBLIC, 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;(2) TO ADVANCE THE EDUCATION OF THE PUBLIC WITHIN THE LONDON AREA ON MATTERS RELATING TO OBJECT (1), THROUGH THE HOLDING OF VARIOUS EVENTS AND THE PUBLICATION AND/OR DISTRIBUTION OF INFORMATION.
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
Policies the charity declares
- Bullying and harassment policy and procedures
- Engaging external speakers at charity events policy and procedures
- Financial reserves policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Risk management
- Social media policy and procedures
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 05/04/2025
- Volunteers: 1
Self-declared on the annual return for the financial year ending 05/04/2024
- Volunteers: 1
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.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| GIVE A GIFT | 1 | £286k |
| MOSAIC CHURCH LIMITED | 1 | £19k |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HOLY TRINITY, STEVENAGE | 1 | £138 |
Charities like this
- Lyonsdown Church Partnership
- THE LINCOLN DIOCESAN TRUST AND BOARD OF FINANCE LTD
- CLARENDON TRUST LIMITED
- LEEDS CHRISTIAN COMMUNITY TRUST
- BETHESDA COMMUNITY CHARITABLE TRUST
- THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HOLY TRINITY, LYONSDOWN
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| LYONSDOWN COMMUNITY TRUST | £127k | — | 0 | unclear | — | no doubt |
| Lyonsdown Church Partnership | £630k | — | 0 | unclear | — | no doubt |
| THE LINCOLN DIOCESAN TRUST AND BOARD OF FINANCE LTD | £11.1m | — | — | below | — | no doubt |
| CLARENDON TRUST LIMITED | £2.4m | — | 0 | unclear | — | no doubt |
| LEEDS CHRISTIAN COMMUNITY TRUST | £383k | — | 0 | above | — | no doubt |
| BETHESDA COMMUNITY CHARITABLE TRUST | £143k | — | 0 | above | — | no doubt |