MICHAEL LOWE'S AND ASSOCIATED CHARITIES
The Charity can only make grants to or for the benefit of residents of the City of Lichfield.As well as fuel grants, grants may be made to individuals who are in conditions of need, hardship or distress or to organisations whose aims are to provide or pay for items which will benefit the recipient.
Financial health, per its FY2026 accounts
The charity holds total net assets of £2,091,761, comprising an endowment fund of £1,855,007 and unrestricted funds of £236,754. The trustees maintain a reserves policy targeting approximately one year’s gross income, and the current unrestricted reserves exceed this minimum threshold. The accounts were subject to an independent examination which reported no material matters requiring attention.
What the accounts disclose
“The Trustees have resolved to maintain minimum reserves at a level equivalent to approximately one year’s gross income.” — page 7
Trustees
- Rev IAN HAYTERchair
- Benjamin Robert Watkins
- Beverley Hanks
- Donna Greatorex
- Dr Ann Laura Hughes
- Dr Hannah Marie Jell
- Dr TREVOR MARTIN JAMES
- Elizabeth Mary Ridler
- JANET MAY EAGLAND
- Mark Gregory Pawson
- Michael John White
- N G SEDGWICK ESQ
- ROGER MICHAEL HARTLEY
- Rev Christopher Edward Davies
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2026 | £108k | £137k |
| 31/03/2025 | £114k | £103k |
| 31/03/2024 | £112k | £100k |
| 31/03/2023 | £104k | £138k |
| 31/03/2022 | £92k | £86k |
Common questions
Is MICHAEL LOWE'S AND ASSOCIATED CHARITIES financially healthy?
Per its FY2026 accounts: The charity holds total net assets of £2,091,761, comprising an endowment fund of £1,855,007 and unrestricted funds of £236,754. The trustees maintain a reserves policy targeting approximately one year’s gross income, and the current unrestricted reserves exceed this minimum threshold. The accounts were subject to an independent examination which reported no material matters requiring attention. Its FY2026 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE AMATEURS TRUST | 1 | £115k |
| THE EDWARD GOSTLING FOUNDATION | 1 | £10k |
Charities like this
- MUNICIPAL CHARITIES
- ST JOHN'S LICHFIELD
- THE HARGREAVES CHARITABLE TRUST
- BEDFORDSHIRE AND LUTON COMMUNITY FOUNDATION
- THE FRANK LITCHFIELD GENERAL CHARITABLE TRUST
- LICHFIELD FOODBANK
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| MICHAEL LOWE'S AND ASSOCIATED CHARITIES | £108k | — | 0 | above | — | no doubt |
| MUNICIPAL CHARITIES | £133k | — | 0 | unclear | — | no doubt |
| ST JOHN'S LICHFIELD | £538k | — | 0 | above | — | no doubt |
| THE HARGREAVES CHARITABLE TRUST | £169k | — | 0 | unclear | — | no doubt |
| BEDFORDSHIRE AND LUTON COMMUNITY FOUNDATION | £5.3m | Over £60,000 | 1 | unclear | 5.3% | no doubt |
| THE FRANK LITCHFIELD GENERAL CHARITABLE TRUST | £192k | — | 0 | unclear | — | no doubt |