THE MAGDALEN AND LASHER CHARITY
Financial health, per its FY2025 accounts
The accounts state that unrestricted free reserves totalled £440,884 at the end of the financial year, an increase from £209,971 the previous year. The trustees view this level of reserves as appropriate for current activities and confirmed that resources are sufficient to continue as a going concern. The charity's income is derived exclusively from investments and property rents, with no political contributions made.
What the accounts disclose
“Contribution to payroll costs of £27,638.63 (2024 - £19,194) and contribution to office costs of £4,779.65 (2024 - £9,509).” — page 23
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- CLIVE SCOTT GALBRAITHchair
- ANN WING
- Andrew Brian Pope
- Cllr James Bacon
- Dr Patricia Lock
- IAN MICHAEL STEEL
- Ian Gallagher
- JUDITH ANN ROGERS
- John Henry Bilsby
- Keith Stuart Donaldson
- MICHAEL JABEZ FOSTER
- Mark Andrew Boles
- Rev Mathew Jamie David Phipps
- SUSAN MARY PHILLIPS
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £553k | £378k |
| 31/03/2024 | £542k | £516k |
| 31/03/2023 | £529k | £937k |
| 31/03/2022 | £518k | £595k |
| 31/03/2021 | £515k | £385k |
Common questions
Is THE MAGDALEN AND LASHER CHARITY financially healthy?
The accounts state that unrestricted free reserves totalled £440,884 at the end of the financial year, an increase from £209,971 the previous year. The trustees view this level of reserves as appropriate for current activities and confirmed that resources are sufficient to continue as a going concern. The charity's income is derived exclusively from investments and property rents, with no political contributions made. Its FY2025 accounts were audited by Ad Valorem Audit Services Limited.
Who funds THE MAGDALEN AND LASHER CHARITY?
Funders whose own accounts filings name THE MAGDALEN AND LASHER CHARITY as a grant recipient include THE MICHAEL UREN FOUNDATION, CHURCH SOCIETY, HOPE WORLDWIDE, ICFEM DREAMLAND MISSION, LINCOLNSHIRE METHODIST DISTRICT.
Known funders
| Funder | Year | Amount |
|---|---|---|
| THE MICHAEL UREN FOUNDATION | FY2023 | £10k |
| CHURCH SOCIETY | FY2022 | £5k |
| HOPE WORLDWIDE | FY2023 | £3k |
| ICFEM DREAMLAND MISSION | FY2025 | £2k |
| LINCOLNSHIRE METHODIST DISTRICT | FY2022 | £2k |
| CHURCH SOCIETY | FY2022 | £2k |
| AVENUE ST ANDREW'S SOUTHAMPTON UNITED REFORMED CHURCH CHARITY | FY2022 | £2k |
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