ST LAURENCE RELIEF IN NEED TRUST
The net yearly income is applied in relieving persons resident in the area of the Ancient Parish of St. Laurence, Reading, who are in conditions of need, hardship or distress. If the said yearly income is not required for application as above the Trustees may apply the same in like manner in relieving persons resident in the County Borough of Reading, who are in the same circumstances.
Objects
SEE INDIVIDUAL CONSTITUENTS
Financial health, per its FY2024 accounts
The accounts state that unrestricted funds decreased from £80,522 to £65,758 due to charitable expenditure exceeding incoming resources. The trustees maintain unrestricted cash reserves at a level equivalent to one year's expenditure to ensure sufficient cash is available for future distributions. The charity received the majority of its income from a related party, Church Lands and John Johnson's Estate Charities.
What the accounts disclose
“During the year the charity received an annual income distribution of £60,525” — page 17
“The trustees maintain unrestricted cash reserves at a level equivalent to one year's expenditure to ensure sufficient cash is available to fund charitable distributions arising in the first quarter of the next financial year.” — page 3
“The treasurer, Mr Pyke is a partner with Vale & West Chartered Accountants. During the year the charity paid Vale & West £2,706 (2023: £2,706) for accountancy services.” — page 17
Policies the charity declares
- Complaints handling
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Risk management
- Serious incident reporting policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
Trustees
- Christopher Richard Joneschair
- Lee Richard Smith
- Nicholas Charles Burrows
- PATRICIA THOMAS
- ROSEMARY PHYLLIS WILLIAMS
- Ruth Elizabeth Pearse
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £62k | £77k |
| 31/12/2023 | £65k | £72k |
| 31/12/2022 | £67k | £44k |
| 31/12/2021 | £58k | £63k |
| 31/12/2020 | £66k | £74k |
Common questions
Is ST LAURENCE RELIEF IN NEED TRUST financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted funds decreased from £80,522 to £65,758 due to charitable expenditure exceeding incoming resources. The trustees maintain unrestricted cash reserves at a level equivalent to one year's expenditure to ensure sufficient cash is available for future distributions. The charity received the majority of its income from a related party, Church Lands and John Johnson's Estate Charities. Its FY2024 accounts were independently examined.