Charity Accounts Intelreading the accounts so you don’t have to

LIFELONG ABILITY NORTH EAST (LANE)

Registered charity 1210217 · accounts filings on the Charity Commission register

Lifelong Ability North East (LANE) is an organisation supporting adults with learning difficulties and disabilities.

Causes: The Advancement Of Health Or Saving Of Lives · Disability · website · Get email alerts

Latest income
£160k
Latest spending
£177k
Registered
2024
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported an operating deficit of £17,407 and a net liability position of £72,735 as of 31 May 2025. The trustees have established a reserves policy target of 3-6 months of core operating costs to ensure financial sustainability. The financial statements were prepared on a going concern basis with no material uncertainty disclosed.

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

What the accounts disclose

Reserves policy: 3-6 months of core operating costs (held: £-73k)
“Trustees recognise that holding reserves supports long-term sustainability while ensuring that funds continue to be applied for charitable purposes and have set the Reserves Policy at 3-6 months of core operating costs.” — page 8
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Trustees · trustee networks

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

Operates in: North Tyneside

Income and spending

Financial year endIncomeSpending
31/07/2025£160k£177k

Common questions

Is LIFELONG ABILITY NORTH EAST (LANE) financially healthy?

Per its FY2025 accounts: The accounts state that the charity reported an operating deficit of £17,407 and a net liability position of £72,735 as of 31 May 2025. The trustees have established a reserves policy target of 3-6 months of core operating costs to ensure financial sustainability. The financial statements were prepared on a going concern basis with no material uncertainty disclosed. Its FY2025 accounts were independently examined.