LAVERTON HOUSING TRUST
None other than providing accommodation for over 55's
Objects
ALMSHOUSES FOR USE AND OCCUPATION OF OLD OR DISABLED FACTORY OPERATIVES (OF LAVERTON CLOTH MILLS) OR OTHER DESERVING PERSONS BOTH MALE AND FEMALE OF FACTORY OPERATIVES OR OTHER DESERVING PERSONS.
Financial health, per its FY2025 accounts
The accounts state that free reserves amounted to £430,354, which the trustees consider sufficient to cover overheads for a 12-month period. The charity maintained its reserves policy target of three to six months' expenditure throughout the year. The trustees report reasonable occupancy rates and continued maintenance of properties, with no material uncertainties affecting going concern.
What the accounts disclose
“It is the policy of the trust that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month’s expenditure.” — page 4
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- 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
- Safeguarding policy and procedures
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
Property (HM Land Registry)
Trustees
- ANTHONY PETER WARD LAVERTON
- Brenda Pyne
- DAVID WAKEFIELD
- David Pike
- EUNICE ANN EVANS
- KARIN ELDER
- SALLY HENDRY
- SAM GOODING
- THOMAS WOOLLARD
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £95k | £84k |
| 31/03/2024 | £82k | £95k |
| 31/03/2023 | £85k | £57k |
| 31/03/2022 | £79k | £41k |
| 31/03/2021 | £73k | £26k |
Common questions
Is LAVERTON HOUSING TRUST financially healthy?
Per its FY2025 accounts: The accounts state that free reserves amounted to £430,354, which the trustees consider sufficient to cover overheads for a 12-month period. The charity maintained its reserves policy target of three to six months' expenditure throughout the year. The trustees report reasonable occupancy rates and continued maintenance of properties, with no material uncertainties affecting going concern. Its FY2025 accounts were independently examined.