THE LEONARD LAITY STOATE CHARITY
The Charity operates almost exclusively in the South West of England, namely Bristol and Somerset, Devon, Cornwall and Dorset.
Objects
A) GENERAL CHARITABLE PURPOSES. B) FOR CHARITABLE PURPOSES CONNECTED WITH METHODISM IN BRISTOL OR THE COUNTIES OF SOMERSET, DORSET, DEVON AND CORNWALL.
Financial health, per its FY2025 accounts
The accounts state that the charity's finances are considered sound by the Trustees, with total unrestricted funds carried forward at £2,244,667. The charity reported a net expenditure for the year of £45,265, primarily driven by charitable grants of £79,425 against investment income of £52,935. The Trustees retain reserves sufficient to cover immediate needs, with expendable reserves standing at £33,358.
What the accounts disclose
“The trustees retain a level of reserves which is sufficient to cover the charity's immediate needs.” — page 3
“Stoate received remuneration of £8,090 (2024: £7,500) for the year in respect of his services as a Secretary to the Trust.” — page 9
Policies the charity declares
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Risk management
- Trustee expenses policy and procedures
Trustees
- DR PAM STOATEchair
- Dr CHRISTOPHER STOATE
- MARK DAVID HARNDEN
- Natasha Jane Jones
- PHILIP JOHN STOATE LLB
- Rev Marcus Torchon
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £88k | £108k |
| 31/03/2024 | £54k | £81k |
| 31/03/2023 | £54k | £83k |
| 31/03/2022 | £48k | £79k |
| 31/03/2021 | £72k | £84k |
Common questions
Is THE LEONARD LAITY STOATE CHARITY financially healthy?
Per its FY2025 accounts: The accounts state that the charity's finances are considered sound by the Trustees, with total unrestricted funds carried forward at £2,244,667. The charity reported a net expenditure for the year of £45,265, primarily driven by charitable grants of £79,425 against investment income of £52,935. The Trustees retain reserves sufficient to cover immediate needs, with expendable reserves standing at £33,358. Its FY2025 accounts were independently examined.