ABBEYFIELD AN LAC COMMUNITY CIO
Abbeyfield An Lac Community (AAC) provides supported housing for persons of Vietnamese or Asian origin who are suffering from the disabilities of old age, or otherwise in need of care. It operates An Lac House, established in Cambridge in 1997, with 10 single en-suite rooms for residents. AAC also runs a free day centre, and organises cultural and religious events for the local community.
Objects
3.1 THE OBJECTS OF THE CIO ARE FOR THE PUBLIC BENEFIT: 3.1.1 THE RELIEF AND CARE OF PERSONS OF VIETNAMESE OR ASIAN ORIGIN LAWFULLY RESIDENT IN THE UNITED KINGDOM AND IN NEED BY REASON OF YOUTH, AGE, ILL-HEALTH, DISABILITY, FINANCIAL HARDSHIP OR OTHER DISADVANTAGE AND/OR THEIR SPOUSES, PARTNERS, WIDOWS AND WIDOWERS (“MEMBERS OF THE BENEFICIARY CLASS”) IN PARTICULAR, BUT NOT EXCLUSIVELY, BY THE PROVISION AND MAINTENANCE OF HOUSING AND/OR RESIDENTIAL CARE HOMES, SHELTERED OR EXTRA SHELTERED ACCOMMODATION AND THE PROVISION OF CARE, SERVICES, AMENITIES AND/OR OTHER SUPPORT FOR THE BENEFIT OF SUCH PERSONS; AND 3.1.2 SUCH OTHER PURPOSES RECOGNISED BY ENGLISH LAW AS CHARITABLE AS THE CIO SHALL DETERMINE FROM TIME TO TIME.
Financial health, per its FY2025 accounts
The accounts state that total funds increased from £298,489 to £355,831, driven by a net income of £57,342 against charitable expenditure of £233,825. The charity holds unrestricted reserves of £355,831, with no stated reserves policy target disclosed in the filing. The independent examiner confirmed that no matters came to their attention regarding compliance with accounting records or the Charities Act.
What the accounts disclose
Policies the charity declares
- Bullying and harassment policy and procedures
- Campaigns and political activity policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Engaging external speakers at charity events policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
Trustees
- Trung Buichair
- IAN CROWTHER
- Prince Lasrado
- Thanh Huynh
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £291k | £234k |
| 31/03/2024 | £373k | £75k |
| 31/03/2023 | £0 | £0 |
Common questions
Is ABBEYFIELD AN LAC COMMUNITY CIO financially healthy?
Per its FY2025 accounts: The accounts state that total funds increased from £298,489 to £355,831, driven by a net income of £57,342 against charitable expenditure of £233,825. The charity holds unrestricted reserves of £355,831, with no stated reserves policy target disclosed in the filing. The independent examiner confirmed that no matters came to their attention regarding compliance with accounting records or the Charities Act. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| JOAN AINSLIE CHARITABLE TRUST | 1 | £15k |
Charities like this
- THE ABBEYFIELD (STREATHAM) SOCIETY LTD
- THE ABBEYFIELD (CAMBORNE) SOCIETY LIMITED
- ABBEY COMMUNITY CENTRE
- THE ABBEYFIELD UXBRIDGE SOCIETY LIMITED
- ABBEYFIELD WEST WIGHT SOCIETY LTD
- THE ABBEYFIELD CHICHESTER SOCIETY LIMITED
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| ABBEYFIELD AN LAC COMMUNITY CIO | £291k | — | 0 | unclear | — | no doubt |
| THE ABBEYFIELD (STREATHAM) SOCIETY LTD | £147k | — | 0 | above | — | no doubt |
| THE ABBEYFIELD (CAMBORNE) SOCIETY LIMITED | £137k | — | 0 | above | — | no doubt |
| ABBEY COMMUNITY CENTRE | £490k | £100,001 - £110,000 | 1 | unclear | — | no doubt |
| THE ABBEYFIELD UXBRIDGE SOCIETY LIMITED | £368k | — | 0 | unclear | — | no doubt |
| ABBEYFIELD WEST WIGHT SOCIETY LTD | £349k | — | 0 | unclear | — | no doubt |