LAKELAND HOUSING TRUST

Registered charity 1175184 · accounts filings on the Charity Commission register · also known as LAKELAND HOUSING TRUST LIMITED, THE LAKELAND HOUSING TRUST

The provision of rented homes for local people who cannot afford to buy or long-term rent accommodation at current market rates.

Causes: Other Charitable Purposes · website · Get email alerts

Latest income
£1.0m
Latest spending
£211k
Registered
2017
Accounts read
FY2023

Financial health, per its FY2023 accounts

The accounts state that the charity reported a net income of £575,386 for the year ended 31 December 2023, resulting in total unrestricted funds of £6,673,984. The trustees note that free reserves at year-end were £65,391, which is below the stated policy target of six months of unrestricted expenditure, though they intend to rebuild reserves following property investments. The auditors confirmed that the financial statements give a true and fair view and identified no material uncertainties regarding the charity's ability to continue as a going concern.

Automated summary of the FY2023 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Accounts audited by Stables Thompson & Briscoe. Discloses 4 of 6 completeness components.

Structured financials (annual return, FY ending 31/12/2025)

Total income
£1.0m
Total spending
£211k
Cost of raising funds
£10k
Reserves (reported)
£871k
Employees
0

Reported reserves equal ~49.5 months of spending — in the top quarter for charities its size (median 4.8 months; benchmarks).

Register events

Trustees

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

Operates in: Cumbria

Income and spending

Financial year endIncomeSpending
31/12/2025£1.0m£211k
31/12/2024£1.2m£325k
31/12/2023£472k£256k
31/12/2022£756k£181k
31/12/2021£1.0m£156k

Common questions

Is LAKELAND HOUSING TRUST financially healthy?

Per its FY2023 accounts: The accounts state that the charity reported a net income of £575,386 for the year ended 31 December 2023, resulting in total unrestricted funds of £6,673,984. The trustees note that free reserves at year-end were £65,391, which is below the stated policy target of six months of unrestricted expenditure, though they intend to rebuild reserves following property investments. The auditors confirmed that the financial statements give a true and fair view and identified no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2023 accounts were audited by Stables Thompson & Briscoe.