LUCILLE FOUNDATION
Financial health, per its FY2023 accounts
The accounts state that total unrestricted funds decreased to £322,938 from £667,099 in the prior year, resulting in a net expenditure of £344,161. The trustees consider free reserves to be adequate but not excessive in light of their policy to maintain sufficient funds for charitable distributions. The charity received a significant post-year-end donation of £3,093,700 to fund the subsequent year's budget.
What the accounts disclose
“During the year to 31 March 2023, the trustees donated £4,683,363 to the charity (2022 - £1,399,431).” — page 23
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- ALEXANDER ALFRED CHARLES DE CARVALHO
- CHARLENE LUCILLE DE CARVALHO HEINEKEN
- CHARLES ANDREW GEORGE DE CARVHALO
- LOUISA LUCILLE HENRIETTA BRASSEY
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £6.8m | £6.8m |
| 31/03/2024 | £5.4m | £4.7m |
| 31/03/2023 | £4.7m | £5.0m |
| 31/03/2022 | £1.4m | £4.3m |
| 31/03/2021 | £5.5m | £5.0m |
Common questions
Is LUCILLE FOUNDATION financially healthy?
The accounts state that total unrestricted funds decreased to £322,938 from £667,099 in the prior year, resulting in a net expenditure of £344,161. The trustees consider free reserves to be adequate but not excessive in light of their policy to maintain sufficient funds for charitable distributions. The charity received a significant post-year-end donation of £3,093,700 to fund the subsequent year's budget. Its FY2023 accounts were audited by Buzzacott LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| MILLS AND REEVE CHARITABLE TRUST | 2 | £4k |
| THE A B CHARITABLE TRUST | 1 | £300k |
| THE PEARS FAMILY CHARITABLE FOUNDATION | 1 | £300k |
| THE LIZ AND TERRY BRAMALL FOUNDATION | 1 | £100k |
| THE BARROW CADBURY TRUST | 1 | £60k |
| THE BARTLETT FOUNDATION | 1 | £54k |
| GIVE A GIFT | 1 | £45k |
| THE ARNOLD BURTON 1998 CHARITABLE TRUST | 1 | £35k |