LOUIS NICHOLAS RESIDUARY CHARITABLE TRUST
Financial health, per its FY2023 accounts
The accounts state that the charity held unrestricted reserves of £15,791,813 at the year end, representing a net outgoing of £210,051 for the period. The trustees confirm that all funds are available for distribution and do not anticipate setting aside funds for special projects, maintaining adequate resources to continue in operational existence.
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?
The accounts state that the charity held unrestricted reserves of £15,791,813 at the year end, representing a net outgoing of £210,051 for the period. The trustees confirm that all funds are available for distribution and do not anticipate setting aside funds for special projects, maintaining adequate resources to continue in operational existence. Its FY2023 accounts were audited by Riverside Accountancy Lancaster Limited.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE ICTHIUS CHARITABLE TRUST | 1 | £548k |
| ZOREYA TZEDOKOS | 1 | £312k |
| THREE PILLARS TRUST | 1 | £40k |
| ANAND & SETHI FAMILY CHARITY TRUST | 1 | £22k |