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.
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
Trustees
- Trung Buichair
- IAN CROWTHER
- Prince Lasrado
- Thanh Huynh
- Tia Farrow
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.