THE LOCKER FOUNDATION
Financial health, per its FY2025 accounts
The accounts state that unrestricted funds increased to £4,181,494, supported by a net incoming resource surplus of £155,306. The trustees confirm that systems are in place to mitigate significant risks and that outstanding rents are expected to be collected in time. The charity maintains a substantial revaluation reserve of £7,349,395 alongside its unrestricted funds.
What the accounts disclose
“subject to the retention of sufficient funds, in respect of any future liabilities which have been identified.” — page 4
Structured financials (annual return, FY ending 05/04/2025)
Trustees
- MALCOLM BRIAN CARTER
- SUSANNAH SEGAL
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £535k | £380k |
| 05/04/2024 | £710k | £358k |
| 05/04/2023 | £636k | £449k |
| 05/04/2022 | £588k | £467k |
| 05/04/2021 | £662k | £692k |
Common questions
Is THE LOCKER FOUNDATION financially healthy?
The accounts state that unrestricted funds increased to £4,181,494, supported by a net incoming resource surplus of £155,306. The trustees confirm that systems are in place to mitigate significant risks and that outstanding rents are expected to be collected in time. The charity maintains a substantial revaluation reserve of £7,349,395 alongside its unrestricted funds. Its FY2025 accounts were audited by Tony Levy Associates Ltd.