LWS NIGHT SHELTER CIO
The organisation can assist those who are homeless or vulnerably housed who are able to access theshelter. The organisation started because a demand for sheltered accommodation was identified,particularly overnight on Fridays and Saturdays, for those who are homeless or vulnerably housed. Theorganisation therefore aims to benefit those people by offering accommodation and food.
Financial health, per its FY2024 accounts
The accounts state that the charity held unrestricted funds of £130,704 at the end of the year, which the trustees consider to be around 12 months' worth of operating costs. The charity reported a net income of £20,361 for the year and holds total funds of £156,512. The trustees confirm the charity is solvent and able to continue as a going concern.
What the accounts disclose
“LWS Night Shelter aims to hold 3 months' worth of operating costs in its current account at any given time, which equates to approximately £6,000, although there is no formal policy on this.” — page 5
“There were no related party transactions for the year ended 31 December 2024.” — page 14
Register events
- Received assets from another charity (19/09/2023)
Trustees
- SARAH LOUISE CHAPMAN
- Susan Elizabeth Rutherford
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £57k | £36k |
| 31/12/2023 | £33k | £26k |
| 31/12/2022 | £59k | £28k |
| 31/12/2021 | £51k | £23k |
| 31/12/2020 | £49k | £24k |
Common questions
Is LWS NIGHT SHELTER CIO financially healthy?
Per its FY2024 accounts: The accounts state that the charity held unrestricted funds of £130,704 at the end of the year, which the trustees consider to be around 12 months' worth of operating costs. The charity reported a net income of £20,361 for the year and holds total funds of £156,512. The trustees confirm the charity is solvent and able to continue as a going concern. Its FY2024 accounts were independently examined.