THE LICENSED TRADE CHARITY
Financial health, per its FY2024 accounts
The accounts state that the Charity recorded a net surplus of £5.57 million for the year ended 31 December 2024, driven by strong investment returns and sound cost management. Per the trustees' report, unrestricted reserves totalled £73.6 million, which remains significantly above the minimum level required by the Charity's reserves policy of approximately £19 million. The Charity is in a strong financial position with sufficient resources to continue operations and support its beneficiaries.
What the accounts disclose
“Currently this equates to approximately £19m.” — page 22
“In 2024, the FRS 102 valuation shows a deficit of £774,000 (2023: £2,199,000).” — page 51
What the charity says about itself (2025)
“In 2025, we transformed the lives of 44,906 individuals.”
Leadership, per the charity’s website
- Ludovick Halik — Chairman
- Paul Wigham — Trustee
Funders the charity credits
- Lucky Saint
- Thatcher’s Cider
- Punch Pubs
- Star Pubs
- Avani Solutions
- Precision Fuel & Hydration
- Fleet Street
- Farols
Structured financials (annual return, FY ending 31/12/2024)
Register events
- Received assets from another charity (23/11/2011)
Trustees
- Ludovick Halikchair
- George Wishart
- Hamish Stoddart
- JEREMY PHILLIPS
- MRS A KING
- Michael Clist
- Neil Morgan
- PATRICK DUDDY
- PAUL WIGHAM
- PETER RAYNSFORD
- Paul Kevin Hegarty
- Pavlos Pavli
- Shirley Couchman
- TOBY BRETT
- Tanya Wicks
- Tracy Bird
- Trevor Charles Heyburn
- Trevor Sparks
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £29.8m | £27.7m |
| 31/12/2023 | £28.0m | £25.8m |
| 31/12/2022 | £25.1m | £23.6m |
| 31/12/2021 | £23.4m | £22.5m |
| 31/12/2020 | £21.5m | £23.2m |
Common questions
Is THE LICENSED TRADE CHARITY financially healthy?
The accounts state that the Charity recorded a net surplus of £5.57 million for the year ended 31 December 2024, driven by strong investment returns and sound cost management. Per the trustees' report, unrestricted reserves totalled £73.6 million, which remains significantly above the minimum level required by the Charity's reserves policy of approximately £19 million. The Charity is in a strong financial position with sufficient resources to continue operations and support its beneficiaries. Its FY2024 accounts were audited by James Cowper Kreston Audit.
Who funds THE LICENSED TRADE CHARITY?
Funders whose own accounts filings name THE LICENSED TRADE CHARITY as a grant recipient include The William Brake Foundation, THE INNHOLDERS' CHARITABLE FOUNDATION.
Known funders
| Funder | Year | Amount |
|---|---|---|
| The William Brake Foundation | FY2023 | £25k |
| THE INNHOLDERS' CHARITABLE FOUNDATION | FY2023 | £13k |
| THE INNHOLDERS' CHARITABLE FOUNDATION | FY2023 | £3k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| CORAM LIFE EDUCATION | 1 | £1k |