THE LOUGHBOROUGH WELFARE TRUSTS

Registered charity 214654 · accounts filings on the Charity Commission register

Provide benefit for residents of the old borough of Loughborough through the relief of poverty and sickness and advancement of education.

Causes: General Charitable Purposes · Education/training · The Prevention Or Relief Of Poverty · Accommodation/housing · Get email alerts

Latest income
£30k
Latest spending
£43k
Registered
1972
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity reported a total deficit of income over expenditure of £13,930.28 for the year ended 31 December 2024, compared to a deficit of £30,834.31 in the previous year. Total reserves held as at 31 December 2024 were £738,855, which the trustees consider a reasonable estimate for unforeseen capital repairs and securing future activities. The trustees noted that although investment capital values had fallen due to market forces, the generated income enabled grants to be awarded to all eligible applicants.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: a reasonable estimate of any likely capital repairs’ costs (held: £739k)
The level of this reserve is set at an amount the Trustees consider to be a reasonable estimate of any likely capital repairs’ costs.
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

Trustees · trustee networks

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

Operates in: Leicestershire

Income and spending

Financial year endIncomeSpending
31/12/2024£30k£43k
31/12/2023£28k£29k
31/12/2022£29k£42k
31/12/2021£24k£38k
31/12/2020£27k£43k

Common questions

Is THE LOUGHBOROUGH WELFARE TRUSTS financially healthy?

Per its FY2024 accounts: The accounts state that the charity reported a total deficit of income over expenditure of £13,930.28 for the year ended 31 December 2024, compared to a deficit of £30,834.31 in the previous year. Total reserves held as at 31 December 2024 were £738,855, which the trustees consider a reasonable estimate for unforeseen capital repairs and securing future activities. The trustees noted that although investment capital values had fallen due to market forces, the generated income enabled grants to be awarded to all eligible applicants. Its FY2024 accounts were independently examined.