HORNSEA DISTRICT LIONS CLUB
Financial health, per its FY2023 accounts
The accounts state that unrestricted funds increased from £145,155 to £180,132, resulting in a net income of £12,157 for the year. The trustees' report notes a reserves policy to hold 6-9 months of operating costs, and the current unrestricted reserves of £180,132 appear sufficient to meet this target given the annual expenditure of approximately £134,819. There are no disclosed material uncertainties or risks to the charity's ability to continue as a going concern.
What the accounts disclose
“The charity seeks to hold 6-9 months operating costs in reserves.” — page 3
Trustees
- KENNETH BRIAN THORPEchair
- Charles Richard henderson
- Christine Coggrave
- Christopher Campbell
- Conor Gallagher
- JENNIFER ELDRED
- JOHN BRIGGS
- Jean Robinson
- PETER TAYLOR
- Paul Dennis Milne
- WILLIAM MELVILLE WATSON
- linda Jackson
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/06/2025 | £167k | £216k |
| 30/06/2024 | £162k | £152k |
| 30/06/2023 | £147k | £135k |
| 30/06/2022 | £121k | £98k |
| 30/06/2021 | £66k | £77k |
Common questions
Is HORNSEA DISTRICT LIONS CLUB financially healthy?
The accounts state that unrestricted funds increased from £145,155 to £180,132, resulting in a net income of £12,157 for the year. The trustees' report notes a reserves policy to hold 6-9 months of operating costs, and the current unrestricted reserves of £180,132 appear sufficient to meet this target given the annual expenditure of approximately £134,819. There are no disclosed material uncertainties or risks to the charity's ability to continue as a going concern. Its FY2023 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| The Gerald and Gail Ronson Family Foundation | 1 | £436k |
| THE BLOOM FOUNDATION | 1 | £141k |
| LPW LIMITED | 1 | £133k |
| THE BENSON AND LIONEL BLACK CHARITABLE TRUST | 1 | £105k |
| THE MAURICE HATTER FOUNDATION | 1 | £100k |
| THE RABBI MOSHE & LEAH DERMER FOUNDATION | 1 | £76k |
| BERNARD LEWIS FAMILY CHARITABLE TRUST | 1 | £66k |
| THE CHARLES WOLFSON CHARITABLE TRUST | 1 | £55k |