THE LEMFORD FOUNDATION
Financial health, per its FY2023 accounts
The accounts state that the charity was incorporated in August 2022 and had no incoming resources during the reporting period, resulting in a net deficit of £1,165. Per the trustees' report, the charity received its first donation only in the post-balance sheet period and made its first grant in May 2023. The financial statements show unrestricted funds at a negative balance of £1,165 due to accrued accountancy fees and bank charges.
What the accounts disclose
“TOTAL FUNDS (1,165 )”
Structured financials (annual return, FY ending 31/03/2024)
Trustees
- Richard Neil Thomas Coleschair
- ALASTAIR DUNCAN STEWART
- Andrew Richard Cowell
- Arthur James New
- JOHN CHARLES COWELL
- Margaret Ann Coles
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £273k | £160k |
| 31/03/2024 | £3.6m | £176k |
| 31/03/2023 | £0 | £1k |
Common questions
Is THE LEMFORD FOUNDATION financially healthy?
The accounts state that the charity was incorporated in August 2022 and had no incoming resources during the reporting period, resulting in a net deficit of £1,165. Per the trustees' report, the charity received its first donation only in the post-balance sheet period and made its first grant in May 2023. The financial statements show unrestricted funds at a negative balance of £1,165 due to accrued accountancy fees and bank charges.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE AMATEURS TRUST | 1 | £90k |