TOWN LANDS
A grant giving charity whose objects are limited to those living in Ulverston. Generally the trustees favour grants to groups or institutions for capital items, which will be available for use by more than one person, rather than grants to a group's running costs or to individuals.
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves at 31st March 2025 were £106,962.82, which the Trustees consider sound as they are equivalent to approximately 25 months of anticipated income. The charity's stated reserves policy requires unspent income reserves not to fall below one year's gross income. The filing confirms no material matters were identified during the independent examination.
What the accounts disclose
“The Trustees’ present policy on the level of reserves required to effectively meet the needs designated by the Charity’s trusts, is that unspent income reserves should not fall below 1 year’s gross income.” — page 8
Trustees
- ANTHONY ROY BRYSONchair
- CLLR PAUL GRAHAM SMITH
- Christine Howard
- DOREEN MARY FELL
- Hilary Sharron Stephenson Gillam
- JANET EILEEN HANCOCK
- JAYNE KENDALL
- MARGARET HORNBY
- Shirley- Anne Wilson
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £51k | £49k |
| 31/03/2024 | £66k | £64k |
| 31/03/2023 | £54k | £45k |
| 31/03/2022 | £41k | £49k |
| 31/03/2021 | £47k | £46k |
Common questions
Is TOWN LANDS financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves at 31st March 2025 were £106,962.82, which the Trustees consider sound as they are equivalent to approximately 25 months of anticipated income. The charity's stated reserves policy requires unspent income reserves not to fall below one year's gross income. The filing confirms no material matters were identified during the independent examination. Its FY2025 accounts were independently examined.