THE HENRY AND ELIZABETH LINEHAM FUND
To pay grants to necessitous women in Northampton
Objects
THE RELIEF OR PREVENTION OF POVERTY FOR THE PUBLIC BENEFIT AMONG WOMEN WHO ARE RESIDENT IN NORTHAMPTON FROM TIME TO TIME, WITH PREFERENCE TO THOSE WHO HAVE LIVED IN THE AREA THE LONGEST BY, IN ORDER OF PRIORITY: (A) GRANTING PENSIONS; OR (B) MAKING GRANTS OF MONEY.
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves totalled £1,490,129, which the trustees consider sufficient to meet their policy of maintaining reserves in real terms to generate income for beneficiaries. The charity reported a net decrease in funds of £751 for the year, driven by investment management costs and net investment losses exceeding investment income. No employees were engaged during the year, and the charity is confirmed to be a going concern with no material uncertainties identified by the auditors.
What the accounts disclose
“The Trustees aim to maintain reserves in real terms in order to generate income to pay the beneficiaries. This year the grant payments amounted to £40,424, so the reserves are sufficient and meet the policy in place.” — page 3
Policies the charity declares
- 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
- Serious incident reporting policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
Trustees
- MICHAEL FREDERICK WILKINSONchair
- Anthony Perry
- FRANCES HELEN WIRE
- JOHN NIGHTINGALE
- SALLY BEARDSWORTH
- Susan James
- TIMOTHY JOHN HADLAND
- Terence Whenham
- ULRIC EGERTON GRAVESANDE
- WENDY ANN HOWES
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £66k | £56k |
| 31/12/2023 | £69k | £54k |
| 31/12/2022 | £60k | £61k |
| 31/12/2021 | £58k | £53k |
| 31/12/2020 | £58k | £50k |
Common questions
Is THE HENRY AND ELIZABETH LINEHAM FUND financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted reserves totalled £1,490,129, which the trustees consider sufficient to meet their policy of maintaining reserves in real terms to generate income for beneficiaries. The charity reported a net decrease in funds of £751 for the year, driven by investment management costs and net investment losses exceeding investment income. No employees were engaged during the year, and the charity is confirmed to be a going concern with no material uncertainties identified by the auditors. Its FY2024 accounts were audited by Shaw Gibbs (Audit) Limited.