LAM ACTION
LAM Action?s main objectives are to: provide support and information for those with lymphangioleiomyomatosis (?LAM?) and their families; support research which furthers understanding of LAM; increase awareness amongst health professionals about LAM and promulgate good clinical practice for its management; and share research, clinical and patient support experience in the UK and overseas.
Financial health, per its FY2024 accounts
The accounts state that total income decreased to £89,392 in 2024 from £102,582 in 2023, primarily due to timing variances in Gift Aid and a reduction in donations. Despite this, the charity generated a net income of £31,576 and held cash reserves of £280,598 at year-end, which significantly exceeds its stated policy target of 12 months' operating expenditure. The charity operates with only one paid employee, relying on volunteers for all other activities.
What the accounts disclose
“The trustees endeavour to maintain cash reserves equal to at least 12 months' operating expenditure.”
Register events
- Received assets from another charity (20/04/2017)
Trustees
- Alison Hilary Bronwen Merritt-Collins
- Clare Elizabeth Lyon
- DAVID ARTHUR MERCER
- GILLIAN ELIZABETH HOLLIS
- JOHN DAVID WOOD
- Joanne Patra Pisani
- KELLY VANCE
- PROFESSOR SIMON RICHARD JOHNSON
- SARAH LOUISE SHARPLES
- Stephanie Jane Evans
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £89k | £58k |
| 31/12/2023 | £103k | £64k |
| 31/12/2022 | £65k | £70k |
| 31/12/2021 | £45k | £65k |
| 31/12/2020 | £89k | £65k |
Common questions
Is LAM ACTION financially healthy?
Per its FY2024 accounts: The accounts state that total income decreased to £89,392 in 2024 from £102,582 in 2023, primarily due to timing variances in Gift Aid and a reduction in donations. Despite this, the charity generated a net income of £31,576 and held cash reserves of £280,598 at year-end, which significantly exceeds its stated policy target of 12 months' operating expenditure. The charity operates with only one paid employee, relying on volunteers for all other activities. Its FY2024 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 22/10/2020 | £8k | Funding to support women who suffer from LAM and their families |