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THE MAGDALEN AND LASHER CHARITY

Registered charity 211415 · accounts filings on the Charity Commission register · also known as GENERAL FUND

The charity has two objects, namely:1. To pay pensions to elderly necessitous residents of Hastings2. To provide for the relief of need

Causes: The Prevention Or Relief Of Poverty · Grant history (this charity is a funder) · website · Get email alerts

Latest income
£553k
Latest spending
£378k
Registered
1962
Accounts read
FY2025

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.

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

What the accounts disclose

Related-party transaction: Magdalen & Lasher - Old Hastings House, Charitable Incorporated Organisation
“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
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Ad Valorem Audit Services Limited. Discloses 4 of 6 completeness components.

CQC provider record: The Magdalen And Lasher Charity — Deregistered, 1 registered location, last inspected 23/11/2022.charity number confirmed by CQC CQC record

Structured financials (annual return, FY ending 31/03/2025)

Total income
£553k
Total spending
£378k
Reserves (reported)
£0
Employees
1

Reported reserves equal ~0.0 months of spending — in the bottom quarter for charities its size (median 5.2 months; benchmarks).

Per its annual return, largest income source: Investments (100% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 0.0% of total income — below the median for charities its size (4.9%) (benchmarks).

Trustees · trustee networks

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

Operates in: East Sussex

Income and spending

Financial year endIncomeSpending
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?

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. 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 MANOUKIAN CHARITABLE FOUNDATION, THE MICHAEL UREN FOUNDATION, UNITED MISSION TO NEPAL HOSPITALS ENDOWMENT TRUST, CHURCH SOCIETY, HOPE WORLDWIDE.

Known funders

Grants to this charity found in funders’ own accounts filings.

FunderYearAmountPurpose (as stated by the funder)
THE MANOUKIAN CHARITABLE FOUNDATIONFY2021£83k
THE MANOUKIAN CHARITABLE FOUNDATIONFY2021£65k
THE MICHAEL UREN FOUNDATIONFY2022£50kOther Charities
THE MANOUKIAN CHARITABLE FOUNDATIONFY2021£50k
UNITED MISSION TO NEPAL HOSPITALS ENDOWMENT TRUSTFY2022£12k
THE MANOUKIAN CHARITABLE FOUNDATIONFY2021£10k
THE MANOUKIAN CHARITABLE FOUNDATIONFY2021£10k
THE MICHAEL UREN FOUNDATIONFY2023£10kOther Charities
THE MANOUKIAN CHARITABLE FOUNDATIONFY2021£10k
THE MANOUKIAN CHARITABLE FOUNDATIONFY2021£8k
CHURCH SOCIETYFY2022£5kBook grants
HOPE WORLDWIDEFY2023£3k
ICFEM DREAMLAND MISSIONFY2025£2kDesignated
LINCOLNSHIRE METHODIST DISTRICTFY2022£2kGrants and donations from General Fund
CHURCH SOCIETYFY2022£2kOrdination and Training Fund
HOPE WORKSFY2022£2k
AVENUE ST ANDREW'S SOUTHAMPTON UNITED REFORMED CHURCH CHARITYFY2022£2kTransfer from Ministers Fund to the General Fund to part fund the core costs of the Community Worker
HOPE WORKSFY2024£678

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with MAGDALEN & LASHER CHARITY - OLD HASTINGS HOUSE, CHARITABLE INCORPORATED ORGANISATION.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
THE MAGDALEN AND LASHER CHARITY£553k—0unclear—no doubt
MAGDALEN & LASHER CHARITY - OLD HASTINGS HOUSE, CHARITABLE INCORPORATED ORGANISATION FY2025£2.5m—0above—no doubt
MAGDALEN AND LASHER EDUCATIONAL FOUNDATION FY2025£305k—0unclear—no doubt
LADY ELIZABETH HASTINGS' ESTATE CHARITY FY2025£684k—0below—no doubt
ST MARY MAGDALEN AND ST JOHN THE BAPTIST HOSPITALS CHARITY FY2025£109k—0above—no doubt
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HOLY TRINITY HASTINGS FY2024£784k—0unclear—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.