LOUIS NICHOLAS RESIDUARY CHARITABLE TRUST
General purposes
Financial health, per its FY2025 accounts
The accounts state that the charity held unrestricted reserves of £15,887,110 at the year end, representing a net decrease from the previous year's £15,927,915. The trustees consider all income available for distribution and do not anticipate setting aside funds for special projects, indicating a policy of distributing all surplus resources. The charity reported a net outgoing resource of £173,805, funded by investment income and gains, with no stated reserves policy target other than maintaining distributable funds.
What the accounts disclose
Structured financials (annual return, FY ending 05/04/2025)
Trustees
- JOSEPH RICHARD MAURICE SIMCOXchair
- Fay Victoria Norman
- KATHERINE AMANDA KONSTA
- Michael Quentin Smye
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £994k | £1.2m |
| 05/04/2024 | £990k | £1.2m |
| 05/04/2023 | £959k | £1.2m |
| 05/04/2022 | £914k | £754k |
| 05/04/2021 | £854k | £727k |
Common questions
Is LOUIS NICHOLAS RESIDUARY CHARITABLE TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity held unrestricted reserves of £15,887,110 at the year end, representing a net decrease from the previous year's £15,927,915. The trustees consider all income available for distribution and do not anticipate setting aside funds for special projects, indicating a policy of distributing all surplus resources. The charity reported a net outgoing resource of £173,805, funded by investment income and gains, with no stated reserves policy target other than maintaining distributable funds. Its FY2025 accounts were audited by Riverside Accountancy Lancaster Limited.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| ZOREYA TZEDOKOS | 1 | £312k |
| ANAND & SETHI FAMILY CHARITY TRUST | 1 | £68k |
| THREE PILLARS TRUST | 1 | £40k |
| THE CYRIL AND EVE JUMBO CHARITABLE TRUST | 1 | £35k |
Charities like this
- LAKSHMI-NARAYANA TRUST
- LONIA LIMITED
- THE LAUNAN CHARITABLE TRUST
- LONDON AMBULANCE SERVICE CHARITABLE FUND
- THE RELITHAN CHARITABLE TRUST
- BNOS TSFAS LTD
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| LOUIS NICHOLAS RESIDUARY CHARITABLE TRUST | £994k | — | 0 | unclear | — | no doubt |
| LAKSHMI-NARAYANA TRUST | £1.7m | — | 0 | above | — | no doubt |
| LONIA LIMITED | £3.1m | — | 0 | above | — | no doubt |
| THE LAUNAN CHARITABLE TRUST | £10.9m | — | 0 | unclear | — | no doubt |
| LONDON AMBULANCE SERVICE CHARITABLE FUND | £657k | — | 0 | unclear | — | no doubt |
| THE RELITHAN CHARITABLE TRUST | £506k | — | 0 | below | — | no doubt |