Charity Accounts Intelreading the accounts so you don’t have to

THE UNITED CHARITIES OF ST LEONARD, SHOREDITCH

Registered charity 213357 · accounts filings on the Charity Commission register

Latest income
£154k
Latest spending
£104k
Registered
1962
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that total funds increased to £1,780,625, driven by a surplus of £115,192 and gains on investments. The charity maintains unrestricted reserves of £1,401,800 and holds designated reserves for repairs, with a stated aim to rebuild reserves following the completion of major works. The trustees confirm there are no going concern issues and that the charity remains financially stable.

What the accounts disclose

Reserves policy: The Almshouse Association’s recommendations (held: £1.4m)
“The Trustees budget to set aside reserves according to The Almshouse Association’s recommendations and also to build up Designated Reserves for future major modernisation projects.” — page 5
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Lorraine Groom, Clerk to the Trustees and only staff member is the daughter of Janet Marsh who was a Trustee of the Charity in the year. The Charity paid £28,653 in respect of wages, national insurance and pension during the year (2023: £29,838).
“Lorraine Groom, Clerk to the Trustees and only staff member is the daughter of Janet Marsh who was a Trustee of the Charity in the year. The Charity paid £28,653 in respect of wages, national insurance and pension during the year (2023: £29,838).” — page 19
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit).

Trustees

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

Operates in: Hackney · Haringey

Income and spending

Financial year endIncomeSpending
31/12/2024£154k£104k
31/12/2023£165k£132k
31/12/2022£155k£91k
31/12/2021£158k£83k
31/12/2020£145k£76k

Common questions

Is THE UNITED CHARITIES OF ST LEONARD, SHOREDITCH financially healthy?

The accounts state that total funds increased to £1,780,625, driven by a surplus of £115,192 and gains on investments. The charity maintains unrestricted reserves of £1,401,800 and holds designated reserves for repairs, with a stated aim to rebuild reserves following the completion of major works. The trustees confirm there are no going concern issues and that the charity remains financially stable. Its FY2024 accounts were independently examined.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST LEONARD SHOREDITCH.