L A G EDUCATION AND SERVICE TRUST LIMITED
LAG Education and Service Trust Limited (more commonly known as LAG), is a national charity, which promotes equal access to justice. It achieves its objectives by publishing legal books and its monthly magazine Legal Action plus running training courses. Its main customers are lawyers and publicly funded legal services.
Financial health, per its FY2024 accounts
The accounts state that the charity achieved an unrestricted surplus of £65,213 for the year ended 31 December 2024, reversing a deficit from the previous year. Per the trustees' report, the charity's free reserves of £91,427 are just below the minimum three-month target of £110,020, though the trustees anticipate improvement in 2025.
What the accounts disclose
“The current level of reserves is therefore just below the minimum 3 month target” — page 8
“Potential repayment to HMRC for over-claimed tax relief on pensions. Ongoing investigating Is underway where LAG will work alongside HMRC in identifying if there is an over-claim and how to repay this.” — page 26
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- Alastair Logan
- Amanda Louise Groves
- Annabel Lee
- Brian Dikoff
- Charlotte Alicia Hughes
- Jonathan Simon Robins
- Lisa Linds
- Sarah Helen Michael
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £506k | £440k |
| 31/12/2023 | £424k | £457k |
| 31/12/2022 | £489k | £529k |
| 31/12/2021 | £569k | £565k |
| 31/12/2020 | £539k | £506k |
Common questions
Is L A G EDUCATION AND SERVICE TRUST LIMITED financially healthy?
Per its FY2024 accounts: The accounts state that the charity achieved an unrestricted surplus of £65,213 for the year ended 31 December 2024, reversing a deficit from the previous year. Per the trustees' report, the charity's free reserves of £91,427 are just below the minimum three-month target of £110,020, though the trustees anticipate improvement in 2025. Its FY2024 accounts were independently examined.
Who funds L A G EDUCATION AND SERVICE TRUST LIMITED?
Funders whose own accounts filings name L A G EDUCATION AND SERVICE TRUST LIMITED as a grant recipient include TRUST FOR LONDON, THE ALLEN OVERY SHEARMAN STERLING FOUNDATION.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| TRUST FOR LONDON | FY2023 | £90k | Funding the development of a comprehensive model of housing training and resources |
| THE ALLEN OVERY SHEARMAN STERLING FOUNDATION | FY2024 | £5k |