KING EDWARD VI ALMSHOUSE, SCHOOL AND EDUCATIONAL CHARITY, AT LOUTH

Registered charity 220158 · accounts filings on the Charity Commission register · also known as ELIZA BENTLEY, KING EDWARD VI ALMS CHARITY, LYNN RICHARDSON, RICHARD HARDIE

Provide relief generally or individuallyfor persons in the parish of North Somercotes. Provide accomodation for the benefit of those in need in the Louth area in the almshouses of the charity. To provide financial assistance for the duration of children at the school who may need it. Provide the school benefits not normally given by the LEA. To provide scholarships for higher or further education.

Objects

1) PAYMENT OF A YEARLY SUM OF ú70 TO THE CHARITY CALLED DERELICT LANDS.2) FOR THE BENEFIT OF THE POOR OF THE PARISH EITHER GENERALLY OR INDIVIDUALLY.3) FOR THE BENEFIT OF THE RESIDENTS OF ALMSHOUSES.4) PROVIDING FOR THE SCHOOL SUCH SPECIAL BENEFITS OF ANY KIND NOT NORMALLY PROVIDED BY THE LOCAL EDUCATION AUTHORITY.5) PROMOTING THE EDUCATION OF CHILDREN ATTENDING THE SCHOOL WHO ARE IN NEED OF FINANCIAL ASSISTANCE.

Area of benefit: PARISHES OF NORTH SOMERCOTES AND SOUTH SOMERCOTES

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: General Charitable Purposes · Education/training · Accommodation/housing · Get email alerts

Latest income
£65k
Latest spending
£55k
Registered
1963
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a net movement in funds of a loss of £14,337 for the year ended 31st March 2025, with unrestricted reserves standing at £113,842. The charity plans to continue its activities subject to satisfactory funding arrangements and holds significant investments totaling £603,918. The independent examiner confirmed that no material matters came to their attention regarding the accounts.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: a level of free reserves (ie. unrestricted funds not committed or invested in tangible fixed assets) such that when the liquid assets of the Charity are invested in well established low risk funds they will generate sufficient income to enable the Charity to meet its objectives (held: £114k)
“The Governors have established a policy to maintain a level of free reserves (ie. unrestricted funds not committed or invested in tangible fixed assets) such that when the liquid assets of the Charity are invested in well established low risk funds they will generate sufficient income to enable the Charity to meet its objectives.” — page 6
Per its FY2025 accounts as filed with the Charity Commission.

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

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

Trustees · trustee networks

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

Operates in: Lincolnshire

Income and spending

Financial year endIncomeSpending
31/03/2025£65k£55k
31/03/2024£55k£15k
31/03/2023£44k£24k
31/03/2022£39k£22k
31/03/2021£38k£17k

Common questions

Is KING EDWARD VI ALMSHOUSE, SCHOOL AND EDUCATIONAL CHARITY, AT LOUTH financially healthy?

Per its FY2025 accounts: The accounts state that the charity reported a net movement in funds of a loss of £14,337 for the year ended 31st March 2025, with unrestricted reserves standing at £113,842. The charity plans to continue its activities subject to satisfactory funding arrangements and holds significant investments totaling £603,918. The independent examiner confirmed that no material matters came to their attention regarding the accounts. Its FY2025 accounts were independently examined.