THE LANGSETT TRUST

Registered charity 1190712 · accounts filings on the Charity Commission register

To provide grants to fund gospel Christian Ministry through local churches and other charitable organisations and provide housing for a Christian minister engaged in the proclamation of the Christian faith.

Causes: General Charitable Purposes · Get email alerts

Latest income
£43k
Latest spending
£173k
Registered
2020
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that total funds decreased significantly to £29,038 from £159,136 in the prior year, driven by the purchase of a residential property and associated debt repayments. The trustees report that the charity maintains a reserves policy targeting six times its monthly mortgage payments, though current cash levels are below the prior year's total. The independent examiner confirmed that no matters came to their attention regarding compliance with accounting records or statutory requirements.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Largest income source: Voluntary donations
During the year to 31 March 2025 the Trust received total donations of £26,240 (prior year £76,311) and recovered gift aid of £6540 (prior year - £14,582). — page 5
Per its FY2025 accounts as filed with the Charity Commission.
Reserves policy: six times The Trust's monthly mortgage payments (held: £29k)
The Trust has continued to have a reserves policy of maintaining a cash level of six times The Trust's monthly mortgage payments. — page 5
Per its FY2025 accounts as filed with the Charity Commission.
Going concern: noted by the trustees or auditor
The most significant risks to The Trust will be The Trust being unable to meet its financial obligations in relation to the debt interest payments and major unplanned capital expenditure. These risks will be managed by ensuring The Trust has an adequate reserves policy, adequately insures the property purchased and has a rental agreement which has a three month notice period in place prior to the purchase. — page 4
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Christopher Tufnell, a trustee, is a member of Oughtibridge Parish Church (OPC). The Trust purchased a property which is being rented to OPC to provide housing for a Christian minister employed by the church.
Christopher Tufnell was a member of Oughtibridge Parish Church (OPC) during the period. The property purchased is being rented to OPC to provide housing for a Christian minister employed by the church. — page 5
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

Property (HM Land Registry)

2 registered titlesin England and Wales held by the charity’s company or corporate body (1 freehold); recorded price paid £850k. All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Trustees · trustee networks

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

Operates in: Throughout England

Income and spending

Financial year endIncomeSpending
31/03/2025£43k£173k
31/03/2024£91k£9k
31/03/2023£26k£39k
31/03/2022£21k£9k
31/03/2021£12k£5k

Common questions

Is THE LANGSETT TRUST financially healthy?

Per its FY2025 accounts: The accounts state that total funds decreased significantly to £29,038 from £159,136 in the prior year, driven by the purchase of a residential property and associated debt repayments. The trustees report that the charity maintains a reserves policy targeting six times its monthly mortgage payments, though current cash levels are below the prior year's total. The independent examiner confirmed that no matters came to their attention regarding compliance with accounting records or statutory requirements. Its FY2025 accounts were independently examined.