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LEE ABBEY INTERNATIONAL STUDENTS' CLUB

Registered charity 232667 · accounts filings on the Charity Commission register

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Latest income
£2.6m
Latest spending
£2.7m
Registered
1964
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity generated a surplus on unrestricted funds of £196,468 for the year ended 30 April 2024, with total unrestricted reserves standing at £4,109,049. The trustees report that the charity holds approximately four months of expenditure in cash and has determined there is no material uncertainty regarding its ability to continue as a going concern. The charity operates a defined contribution pension scheme and has no disclosed pension deficits.

What the accounts disclose

Reserves policy: approximately 4 months of expenditure (held: £4.1m)
“The charity currently seeks to generate free reserves at a level which will enable the continued refurbishment of the building, and to provide a reserve to meet any likely contingency. Long-term cash flow forecasts are produced to ensure that reserves are adequate for these purposes. At the end of the year, there was approximately 4 months (2023 - 4 months) of expenditure in cash.” — page 4
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Payments to Lee Abbey Movement of £41,000 (2023: £41,000). At 30 April 2024 £1,192,837 (2023 : £1,405 ,417) was owed to The Lee Abbey Movement. Interest of £74,101 (2023: £77,572) has been charged on the loan at normal commercial terms.
“The charity is part of a group known as The Lee Abbey Movement and has transactions with other group members. These comprise: Payments to Lee Abbey Movement of £41,000 (2023: £41,000). At 30 April 2024 £1,192,837 (2023 : £1,405 ,417) was owed to The Lee Abbey Movement. Interest of £74,101 (2023: £77,572) has been charged on the loan at normal commercial terms.” — page 25
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Westcotts (SW) LLP. Discloses 5 of 6 completeness components.

Leadership, per the charity’s website

Listed on the charity’s own website when we last crawled it; roles may have changed. Pay-band disclosures above are anonymous statutory disclosures and are not attributed to any named individual.

Structured financials (annual return, FY ending 30/04/2025)

Total income
£2.6m
Total spending
£2.7m
Reserves (reported)
£4.1m
Employees
25

Reported reserves equal ~18.0 months of spending — in the top quarter for charities its size (median 4.8 months; benchmarks).

Trustees

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

Operates in: Throughout England And Wales

Income and spending

Financial year endIncomeSpending
30/04/2025£2.6m£2.7m
30/04/2024£2.5m£2.3m
30/04/2023£2.3m£2.0m
30/04/2022£1.1m£1.4m
30/04/2021£880k£1.4m

Common questions

Is LEE ABBEY INTERNATIONAL STUDENTS' CLUB financially healthy?

The accounts state that the charity generated a surplus on unrestricted funds of £196,468 for the year ended 30 April 2024, with total unrestricted reserves standing at £4,109,049. The trustees report that the charity holds approximately four months of expenditure in cash and has determined there is no material uncertainty regarding its ability to continue as a going concern. The charity operates a defined contribution pension scheme and has no disclosed pension deficits. Its FY2024 accounts were audited by Westcotts (SW) LLP.