Leek Building Society Charitable Foundation
To advance such charitable purposes as the trustees see fit by making grant and awards to charities and other organisations that provide public benefit, principally within communities located in Staffordshire, Shropshire, Cheshire and Derbyshire.
Objects
THE OBJECT OF THE CIO IS TO ADVANCE SUCH CHARITABLE PURPOSES (ACCORDING TO THE LAW OF ENGLAND AND WALES) AS THE TRUSTEES SEE FIT FROM TIME TO TIME IN PARTICULAR BUT NOT LIMITED TO RELIEVING POVERTY BY MAKING GRANTS AND AWARDS TO CHARITIES AND OTHER ORGANISATIONS THAT PROVIDE PUBLIC BENEFIT, PRINCIPALLY WITHIN COMMUNITIES LOCATED IN THE GEOGRAPHICAL AREA OUTLINED IN THE APPENDIX ATTACHED AT THE REAR OF THE GRANT MAKING POLICY (IN PARTICULAR WITHIN STAFFORDSHIRE, SHROPSHIRE, CHESHIRE AND DERBYSHIRE).NOTHING IN THIS CONSTITUTION SHALL AUTHORISE AN APPLICATION OF THE PROPERTY OF THE CIO FOR THE PURPOSES WHICH ARE NOT CHARITABLE IN ACCORDANCE WITH SECTION 7 OF THE CHARITIES AND TRUSTEE INVESTMENT (SCOTLAND) ACT 2005 AND SECTION 2 OF THE CHARITIES ACT (NORTHERN IRELAND) 2008.
Financial health, per its FY2025 accounts
The accounts state that the charity's financial position is strong, with total unrestricted funds increasing to £57,834 at the end of the period. The charity reported a net surplus of £15,582 for the year, having distributed £41,055 in grants against incoming resources of £56,638. The trustees confirmed there are no funds in deficit and no uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“recovery of money, from the dormant assets scheme and the initiative known generally as the “Reclaim Fund”, provided £39,565.”
Policies the charity declares
- Internal charity financial controls policy and procedures
Trustees
- Andrew Davies
- Claire Louise McCarthy
- Elizabeth Hall
- Lynne Ransome
- Matthew Collins
- Mirriam Lawton
- VISHWAS KHANNA
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/06/2025 | £57k | £41k |
| 30/06/2024 | £57k | £29k |
| 30/06/2023 | £11k | £19k |
| 30/06/2022 | £23k | £0 |
Common questions
Is Leek Building Society Charitable Foundation financially healthy?
Per its FY2025 accounts: The accounts state that the charity's financial position is strong, with total unrestricted funds increasing to £57,834 at the end of the period. The charity reported a net surplus of £15,582 for the year, having distributed £41,055 in grants against incoming resources of £56,638. The trustees confirmed there are no funds in deficit and no uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were independently examined.