LOUIS NICHOLAS RESIDUARY CHARITABLE TRUST

Registered charity 1172239 · accounts filings on the Charity Commission register

General purposes

Causes: General Charitable Purposes · Grant history (this charity is a funder) · website · Get email alerts

Latest income
£994k
Latest spending
£1.2m
Registered
2017
Accounts read
FY2025

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.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Accounts audited by Riverside Accountancy Lancaster Limited. Discloses 4 of 6 completeness components.

Structured financials (annual return, FY ending 05/04/2025)

Total income
£994k
Total spending
£1.2m
Reserves (reported)
£15.9m
Employees
0

Reported reserves equal ~163.2 months of spending — in the top quarter for charities its size (median 5.2 months; benchmarks).

Per its annual return, largest income source: Investments (100% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 0.0% of total income — below the median for charities its size (4.9%) (benchmarks).

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Throughout England And Wales

Income and spending

Financial year endIncomeSpending
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

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with LAKSHMI-NARAYANA TRUST.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
LOUIS NICHOLAS RESIDUARY CHARITABLE TRUST£994k—0unclear—no doubt
LAKSHMI-NARAYANA TRUST FY2024£1.7m—0above—no doubt
LONIA LIMITED FY2025£3.1m—0above—no doubt
THE LAUNAN CHARITABLE TRUST FY2025£10.9m—0unclear—no doubt
LONDON AMBULANCE SERVICE CHARITABLE FUND FY2025£657k—0unclear—no doubt
THE RELITHAN CHARITABLE TRUST FY2025£506k—0below—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.