THE LUCIS TRUST
To advance education and learning in general, in particular, in the fields of comparative religion and philosophy.To promote the advancement of religion on a non-sectarian basis.To relieve human suffering and promote mental and moral improvement in the human race.World-wide support of the Arcane School, Triangles and World Goodwill also the books of Alice Bailey through its trading company.
Financial health, per its FY2024 accounts
The accounts state that total funds decreased by £121,470 to £1,856,427, with unrestricted reserves standing at £1,822,136. The trustees note that expenditure has exceeded general income for many years and reserves are being drawn upon, though they consider the current level of funds sufficient to cover operations for around four years. The filing confirms there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“The charity would find a reserve of £1,000,000 acceptable. This would cover operations sufficiently should there be any significant changes in the operation or funding of the charity.”
“Aggregate unrestricted donations from Trustees of £4,442 were received in the year” — page 28
“The trustees incurred expenses of £1,520 relating to travel and subsistence for voluntary attendance to events” — page 28
“Aggregate unrestricted donations from Trustees of £4,442 were received in the year” — page 28
“The trustees incurred expenses of £1,520 relating to travel and subsistence for voluntary attendance to events” — page 28
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/12/2023)
Trustees
- CHRISTINE PETA MORGANchair
- BARBARA LYNN VALOCORE
- DEREK FRASER
- Laurence Gordon Newey
- MINTZE VAN DER VELDE
- MRS D N ARCACHE
- PETER HEINZ PEULER
- STEPHEN INNES WYNYARD NATION
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £322k | £447k |
| 31/12/2023 | £561k | £413k |
| 31/12/2022 | £386k | £452k |
| 31/12/2021 | £192k | £229k |
| 31/12/2020 | £326k | £415k |
Common questions
Is THE LUCIS TRUST financially healthy?
Per its FY2024 accounts: The accounts state that total funds decreased by £121,470 to £1,856,427, with unrestricted reserves standing at £1,822,136. The trustees note that expenditure has exceeded general income for many years and reserves are being drawn upon, though they consider the current level of funds sufficient to cover operations for around four years. The filing confirms there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| DAWAT-E-HADIYAH TRUST (UNITED KINGDOM) | 1 | £412k |
Charities like this
- THE CHARIS TRUST
- DEVOTIONAL ASSOCIATES OF YOGESHWAR
- JOHN JAMES CHARITABLE TRUST
- BAYTUL ILM TRUST
- THE CROSS TRUST
- LACES TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE LUCIS TRUST | £322k | — | 0 | above | — | no doubt |
| THE CHARIS TRUST | £591k | — | 0 | unclear | — | no doubt |
| DEVOTIONAL ASSOCIATES OF YOGESHWAR | £771k | — | 0 | above | — | no doubt |
| JOHN JAMES CHARITABLE TRUST | £344k | — | 0 | unclear | — | no doubt |
| BAYTUL ILM TRUST | £375k | — | 0 | above | — | no doubt |
| THE CROSS TRUST | £707k | — | 0 | unclear | — | no doubt |