THE LECHE TRUST

Registered charity 1207755 · accounts filings on the Charity Commission register

To support the professional performing arts and the conservation of the heritage by making grants to UK organisations in these fields.

Causes: General Charitable Purposes · Grant history (this charity is a funder) · website · Get email alerts

Latest income
£197k
Latest spending
£399k
Registered
2024
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that total unrestricted funds increased to £7,871,440 at the year-end, supported by a strong investment portfolio valued at £7,982,050. The charity reported a net increase in resources of £197,429, driven by investment gains of £399,575 which offset charitable expenditure of £399,096. The trustees confirm the charity is a going concern with a strong balance sheet and working capital.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Largest income source: Investments (98% of income)
“Total incoming resources in the period amounted to £196,950 compared with £185,842 in the preceding year mainly consisting of dividends (which include fixed interest returns) received on the investments.” — page 9
Per its FY2025 accounts as filed with the Charity Commission.
Reserves policy: a modest reserve (held: £7.9m)
“The Trustees’ policy is that so far as possible the income arising in any one year (after administrative expenses) should be applied towards its charitable objectives. However, it is thought prudent to establish a modest reserve so as to ensure that should there be an unexpectedly substantial call upon the resources of the charity, the Trustees would be in a position to respond.” — page 6
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Legal services provided by Charles Russell Speechlys, a firm where Trustee Andrew Cameron is a partner.
“During the year the charity received legal services in respect of the new ClO for £7,679 (2024 - £7,971) from Charles Russell Speechlys, a law firm in which one of the Trustees, Andrew Cameron, is a partner. All services were carried out at arms length.” — page 22
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Duncan & Toplis Audit Limited. Discloses 5 of 6 completeness components.

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Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Northern Ireland · Scotland · Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/07/2025£197k£399k

Common questions

Is THE LECHE TRUST financially healthy?

Per its FY2025 accounts: The accounts state that total unrestricted funds increased to £7,871,440 at the year-end, supported by a strong investment portfolio valued at £7,982,050. The charity reported a net increase in resources of £197,429, driven by investment gains of £399,575 which offset charitable expenditure of £399,096. The trustees confirm the charity is a going concern with a strong balance sheet and working capital. Its FY2025 accounts were audited by Duncan & Toplis Audit Limited.