VILNIUS LYCEUM ALUMNI ASSOCIATION UK
The association aims to advance the education and personal development of students and alumni of Vilniaus licejus (Vilnius Lyceum) in such ways as the charity trustees see fit, including, but not limited to (i) awarding scholarships,maintenance allowances and grants and (ii) providing and assisting the provision of facilities for educationat the school.
Financial health, per its FY2024 accounts
The accounts state that the charity raised £42,263 in unrestricted funds and incurred total payments of £39,429, resulting in a net surplus for the period. Per the trustees' report, unrestricted cash funds at year-end were £16,565, which the trustees confirm are sufficient to meet outgoings and maintain financial viability.
What the accounts disclose
“During the reporting period the charity raised £42,263 in unrestricted funds from voluntary receipts.” — page 5
“the Trustees will endeavour to generate and maintain reserves which are at least £500.”
Trustees
- Domantas Jankauskaschair
- Darius Pieslikas
- Gabriele Stonkute
- Irma Lukoseviciene
- Justas Bugnevicius
- Kristupas Packauskas
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £42k | £39k |
| 31/12/2023 | £31k | £32k |
| 31/12/2022 | £24k | £27k |
| 31/12/2021 | £32k | £25k |
| 31/12/2020 | £21k | £10k |
Common questions
Is VILNIUS LYCEUM ALUMNI ASSOCIATION UK financially healthy?
Per its FY2024 accounts: The accounts state that the charity raised £42,263 in unrestricted funds and incurred total payments of £39,429, resulting in a net surplus for the period. Per the trustees' report, unrestricted cash funds at year-end were £16,565, which the trustees confirm are sufficient to meet outgoings and maintain financial viability. Its FY2024 accounts were independently examined.