LSEG Foundation

Registered charity 1182952 · accounts filings on the Charity Commission register · also known as REFINITIV CHARITIES

Latest income
£4.3m
Latest spending
£4.7m
Registered
2019
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity reported a net expenditure of £359,786 for the year, resulting in a decrease in total funds from £5.3 million to £4.95 million. Per the trustees' report, unrestricted free reserves stood at £4,945,598, which is significantly above the stated policy target of £55,000 to £60,000. The charity relies entirely on donations from group entities and has no fundraising costs.

What the accounts disclose

Reserves policy: 12 months' support costs, equating to a range of between £55,000 and £60,000 (held: £4.9m)
It is the policy of the Charity to hold reserves (unrestricted funds less funds designated for particular purposes and tied up in fixed assets) at a level representing 12 months' support costs. This equates to a range of between £55,000 and £60,000. — page 5
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Peters Elworthy & Moore.

Structured financials (annual return, FY ending 31/12/2024)

Total income
£4.3m
Total spending
£4.7m
Reserves (reported)
£60k
Employees
0

Reported reserves equal ~0.2 months of spending — in the bottom quarter for charities its size (median 4.8 months; benchmarks).

Trustees

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

Operates in: Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/12/2024£4.3m£4.7m
31/12/2023£9.1m£4.4m
31/12/2022£3.9m£3.2m
31/12/2021£142k£104k
31/12/2020£1.1m£1.1m

Common questions

Is LSEG Foundation financially healthy?

The accounts state that the charity reported a net expenditure of £359,786 for the year, resulting in a decrease in total funds from £5.3 million to £4.95 million. Per the trustees' report, unrestricted free reserves stood at £4,945,598, which is significantly above the stated policy target of £55,000 to £60,000. The charity relies entirely on donations from group entities and has no fundraising costs. Its FY2024 accounts were audited by Peters Elworthy & Moore.

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Semantically similar by activities and financial character, from our analysed corpus. Compare with THE LEGAL EDUCATION FOUNDATION.