LIGHTEN EDUCATION NETWORK
Financial health, per its FY2025 accounts
The accounts state that the charity held £21,691,877 in total reserves, with £5,589,317 classified as free reserves. The trustees report confidence in the charity's future, citing its sole funder, TCI Fund Management Limited, as the basis for the going concern assessment. The charity's reserves policy targets three months of operational expenditure plus accrued grants, a threshold the current free reserves appear to exceed given the annual expenditure of approximately £15 million.
What the accounts disclose
“The Trustees agree that the Charity will hold an amount equivalent to three months of operational expenditure, plus the balance of accrued grants in reserve at all times.” — page 13
“donations were received from TCI Fund Management Limited (TCI) of £33,088,000 (2024: £7,400,000). Sir Christopher Hohn, the sole ultimate beneficial owner of TCI, is the husband of Kylie Hohn, a Trustee of the Charity;” — page 34
“grants of £8,053,653 (2024: £776,666) were awarded to LightEn Education Network US, Inc. (LightEn US). Kylie Hohn, a Trustee of the Charity, was the President, CEO, and a Director of LightEn US;” — page 34
“donations were received from TCI Fund Management Limited (TCI) of £33,088,000 (2024: £7,400,000). Sir Christopher Hohn, the sole ultimate beneficial owner of TCI, is the husband of Kylie Hohn, a Trustee of the Charity;” — page 34
“grants of £8,053,653 (2024: £776,666) were awarded to LightEn Education Network US, Inc. (LightEn US). Kylie Hohn, a Trustee of the Charity, was the President, CEO, and a Director of LightEn US;” — page 34
“donations were received from TCI Fund Management Limited (TCI) of £33,088,000 (2024: £7,400,000). Sir Christopher Hohn, the sole ultimate beneficial owner of TCI, is the husband of Kylie Hohn, a Trustee of the Charity;” — page 34
“grants of £8,053,653 (2024: £776,666) were awarded to LightEn Education Network US, Inc. (LightEn US). Kylie Hohn, a Trustee of the Charity, was the President, CEO, and a Director of LightEn US;” — page 34
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Dr Kylie Hohnchair
- Chole Astrid Skewes
- Jessica Posner Odede
- Sheila May Gulati
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £33.1m | £15.0m |
| 31/03/2024 | £7.8m | £5.2m |
| 31/03/2023 | £4.9m | £3.9m |
Common questions
Is LIGHTEN EDUCATION NETWORK financially healthy?
The accounts state that the charity held £21,691,877 in total reserves, with £5,589,317 classified as free reserves. The trustees report confidence in the charity's future, citing its sole funder, TCI Fund Management Limited, as the basis for the going concern assessment. The charity's reserves policy targets three months of operational expenditure plus accrued grants, a threshold the current free reserves appear to exceed given the annual expenditure of approximately £15 million. Its FY2025 accounts were audited by Crowe U.K. LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| E AND E KERNKRAUT CHARITIES LIMITED | 1 | £66k |
| FRIENDS OF ACHIEZER ARAD | 1 | £10k |
| THE ROYAL COUNTRYSIDE FUND | 1 | £5k |
| THE REGAL TRUST LIMITED | 1 | £2k |