LEICESTER AND LEICESTERSHIRE WAR MEMORIAL FOUNDATION
To build, equip, endow & maintain dwelling houses for disabled or otherwise afflicted Leicestershire veterans of the Armed Forces, Merchant Navy and Civil Defence forces of The Crown, their families and dependents.
Financial health, per its FY2025 accounts
The accounts state that total funds decreased by £1,452 to £462,665, driven by a net loss on investments of £12,449 which outweighed operational income. The trustees confirm that assets are adequate to meet obligations, and unrestricted reserves stand at £172,276.
What the accounts disclose
“The Foundations's reserves comprise funds restricted for specific purposes as set out in the notes to the financial statements, and general reserves to provide working capital, and to secure the continuity of the Foundation's activities in the future.” — page 3
Trustees
- DAVID MAKSYMIW
- Lt Colonel David Richard James Young
- MURRAY COLVILLE
- Mr Tony Moore
- Philip Walden
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/06/2025 | £50k | £39k |
| 30/06/2024 | £41k | £47k |
| 30/06/2023 | £42k | £50k |
| 30/06/2022 | £29k | £47k |
| 30/06/2021 | £24k | £20k |
Common questions
Is LEICESTER AND LEICESTERSHIRE WAR MEMORIAL FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that total funds decreased by £1,452 to £462,665, driven by a net loss on investments of £12,449 which outweighed operational income. The trustees confirm that assets are adequate to meet obligations, and unrestricted reserves stand at £172,276. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 15/07/2022 | £10k | War Memorial Wellbeing Project |
| UK government | — | £20k | Financial Assistance/Support |