LEWES DISTRICT CHURCHES HOMELINK
HOMELINK CIO has taken over the work of a charitable trust of the same name (RCN 1068735), which is now closed. The CIO offers interest-free loans for Rent in Advance and Damage Deposit to people with little or no savings, able to live independently and seeking accommodation in the private sector. Clients should be resident or seeking residence in Lewes district.
Financial health, per its FY2024 accounts
The accounts state that the charity held unrestricted free reserves of £81,601, which the trustees consider equivalent to eight months of planned expenditure. The charity reported a net income surplus of £5,557 for the year, supported by charitable grants and voluntary donations. The trustees confirmed the organization is a going concern for at least the next twelve months.
What the accounts disclose
“Trustees aim to keep this equivalent to between 4-8 months’ expenditure.” — page 10
“Routine expenses (£72) were reimbursed to a related party acting as a volunteer and other cost items incurred on behalf of the Charity were reimbursed to a trustee (£163). Identifiable donations totalling £6,830 were received from trustees and related parties.”
Funders the charity credits
- Catholic Diocese of Arundel & Brighton
Register events
- Received assets from another charity (12/01/2021)
Trustees
- Rosalind Toomeychair
- CHRISTINE TUTT
- Christopher Henry Charles Whittick
- Gillian Anne Short
- Graham Nigel Maunders
- Hugh Jones
- Jane Lee
- Kenneth Richard Cowley
- RICHARD JAYAWANT
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £145k | £142k |
| 31/12/2024 | £140k | £134k |
| 31/12/2023 | £143k | £151k |
| 31/12/2022 | £121k | £171k |
| 31/12/2021 | £118k | £100k |
Common questions
Is LEWES DISTRICT CHURCHES HOMELINK financially healthy?
Per its FY2024 accounts: The accounts state that the charity held unrestricted free reserves of £81,601, which the trustees consider equivalent to eight months of planned expenditure. The charity reported a net income surplus of £5,557 for the year, supported by charitable grants and voluntary donations. The trustees confirmed the organization is a going concern for at least the next twelve months. Its FY2024 accounts were independently examined.