THE LIONEL ABEL-SMITH TRUST
Makes grants to individuals and organisations within the parish of Wendover, the Moor Park Estate and the houses to the right of Halton Lane from Moor Park up to Perch Bridge.
Financial health, per its FY2024 accounts
The accounts state that the charity generated a net income of £284,666, driven by a significant increase in investment gains, resulting in total funds of £6,734,636. The trustees confirm that the charity has adequate resources to continue operating for the foreseeable future, with unrestricted funds covering current liabilities. The charity relies on property and investment income rather than active fundraising to sustain its grant-making activities.
What the accounts disclose
“Included in other support and governance costs are fees of £7,680 (2023 - £2,310) in respect of accountancy services provided by a company controlled by M Ryan, the Treasurer.” — page 20
“During the year the charity paid £nil (2023: £5,000) to Wendover Shed Charity (charity number 1203388), an organisation of which Mr R Duggan is a Trustee.” — page 20
“Included in other support and governance costs are fees of £7,680 (2023 - £2,310) in respect of accountancy services provided by a company controlled by M Ryan, the Treasurer.” — page 20
“During the year the charity paid £nil (2023: £5,000) to Wendover Shed Charity (charity number 1203388), an organisation of which Mr R Duggan is a Trustee.” — page 20
Register events
- Received assets from another charity (12/05/2022)
Trustees
- Robert Hugh Dugganchair
- Caroline Harrington
- Clive Edward John Gallagher
- DAVID ALAN WALLS
- Dr GWENLAIS MARY WILLIAMS
- Emma Louise Carroll
- John William Mayhead CBE
- SARAH PAMELA POTTER
- Sheila Elizabeth Bulpett
- Steve Bishop
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/11/2024 | £281k | £214k |
| 30/11/2023 | £259k | £323k |
| 30/11/2022 | £228k | £231k |
| 30/11/2021 | £216k | £155k |
| 30/11/2020 | £192k | £188k |
Common questions
Is THE LIONEL ABEL-SMITH TRUST financially healthy?
Per its FY2024 accounts: The accounts state that the charity generated a net income of £284,666, driven by a significant increase in investment gains, resulting in total funds of £6,734,636. The trustees confirm that the charity has adequate resources to continue operating for the foreseeable future, with unrestricted funds covering current liabilities. The charity relies on property and investment income rather than active fundraising to sustain its grant-making activities. Its FY2024 accounts were audited by Johnsons Chartered Accountants.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE EIGHTY EIGHT FOUNDATION | 1 | £8k |
Charities like this
- THE LETCHWORTH CIVIC TRUST
- THE HAMPSTEAD WELLS AND CAMPDEN TRUST
- WOLFSON HILLEL PRIMARY SCHOOL CHARITABLE TRUST
- THE MARK LEONARD TRUST
- THE BENSON AND LIONEL BLACK CHARITABLE TRUST
- THE ASHMOLEAN MUSEUM ENDOWMENT TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE LIONEL ABEL-SMITH TRUST | £281k | — | 0 | unclear | — | no doubt |
| THE LETCHWORTH CIVIC TRUST | £129k | — | 0 | above | — | no doubt |
| THE HAMPSTEAD WELLS AND CAMPDEN TRUST | £979k | £60,001 - £70,000 | 1 | unclear | — | no doubt |
| WOLFSON HILLEL PRIMARY SCHOOL CHARITABLE TRUST | £460k | — | 0 | within | — | no doubt |
| THE MARK LEONARD TRUST | £1.3m | — | 0 | unclear | — | no doubt |
| THE BENSON AND LIONEL BLACK CHARITABLE TRUST | £834k | — | 0 | unclear | — | no doubt |