LUTTERWORTH TOWN ESTATE
For the relief of need for the residents of Lutterworth.
Objects
INCOME TO BE APPLIED FOR RELIEF IN NEED IN RELIEVING EITHER GENERALLY OR INDIVIDUALLY PERSONS RESIDENT IN THE TOWN OF LUTTERWORTH WHO ARE IN CONDITIONS OF NEED, HARDSHIP OR DISTRESS BY MAKING GRANTS OF MONEY OR PROVIDING OR PAYING FOR ITEMS, SERVICES OR FACILITIES CALCULATED TO REDUCE THE NEED, HARDSHIP OR DISTRESS OF SUCH PERSONS. (FOR FURTHER DETAILS SEE CLAUSES 29 AND 30 OF SCHEME)
Financial health, per its FY2025 accounts
The accounts state that unrestricted funds stood at £1,708,835, with the trustees noting a policy aim to distribute rather than accumulate significant unrestricted funds. The charity reports adequate resources to continue in operational existence for the foreseeable future, with total net assets of £2,548,052 comprising investment properties, tangible assets, and current assets.
What the accounts disclose
“It has not been the policy of the charity to accumulate significant unrestricted funds, as it is the aim of the charity to distribute and invest monies for the benefit of the inhabitants of the town who are in need. However, the trustees are very aware of the need to retain a certain amount of money to meet the needs of urgent repairs to the properties and to maintain a reserve for working capital requirements.”
Policies the charity declares
- Complaints policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Safeguarding policy and procedures
- Serious incident reporting policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
Trustees
- GERALDINE ROBINSON
- Janette Ackerley JP
- MICHAEL UTTING
- Margaret White
- Rev Nigel Byard
- Robert Coleman
- Valerie Cooper
- William Zilberts
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/07/2025 | £93k | £93k |
| 31/07/2024 | £88k | £88k |
| 31/07/2023 | £68k | £76k |
| 31/07/2022 | £67k | £100k |
| 31/07/2021 | £222k | £25k |
Common questions
Is LUTTERWORTH TOWN ESTATE financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted funds stood at £1,708,835, with the trustees noting a policy aim to distribute rather than accumulate significant unrestricted funds. The charity reports adequate resources to continue in operational existence for the foreseeable future, with total net assets of £2,548,052 comprising investment properties, tangible assets, and current assets. Its FY2025 accounts were independently examined.