LORD LEVERHULME'S CHARITABLE TRUST
Latest income
£965k
Latest spending
£2.0m
Registered
1962
Accounts read
FY2025
Financial health, per its FY2025 accounts
The accounts state that the charity holds unrestricted funds of £(1,017,524), indicating a deficit in its general funds for the year. However, the total net assets are £42,972,333, supported by an expendable endowment fund of £43,989,857, which the trustees consider sufficient to continue as a going concern.
What the accounts disclose
Reserves policy: two months of expected grant expenditure (held: £-1.0m)
“The trustee has adopted a policy to maintain free reserves (unrestricted funds represented by cash) at a level sufficient to cover at least two months of expected grant expenditure.” — page 8
Per its FY2025 accounts as filed with the Charity Commission.
Structured financials (annual return, FY ending 05/04/2025)
Total income
£965k
Total spending
£2.0m
Cost of raising funds
£146k
Reserves (reported)
£0
Employees
0
Trustees
- Hulme Trustee Ltd
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £965k | £2.0m |
| 05/04/2024 | £1.1m | £1.2m |
| 05/04/2023 | £936k | £679k |
| 05/04/2022 | £861k | £494k |
| 05/04/2021 | £587k | £437k |
Common questions
Is LORD LEVERHULME'S CHARITABLE TRUST financially healthy?
The accounts state that the charity holds unrestricted funds of £(1,017,524), indicating a deficit in its general funds for the year. However, the total net assets are £42,972,333, supported by an expendable endowment fund of £43,989,857, which the trustees consider sufficient to continue as a going concern. Its FY2025 accounts were audited by Mitchell Charlesworth (Audit) Limited.