DAVID LAING FOUNDATION
Financial health, per its FY2025 accounts
The accounts state that unrestricted general funds total £11,138,917, with total funds carried forward at £11,214,165. The trustees have resolved to retain liquid reserves of not less than 2.5% of the current market value of the fund, holding £352,797 which equates to 3.15% of total charity funds. The auditors confirmed that the trustees' use of the going concern basis of accounting is appropriate with no material uncertainties identified.
What the accounts disclose
“The trustees have resolved to retain liquid reserves of not less than 2.5% of the current market value of the fund.” — page 5
Trustees
- CHARLES WILLIAM DAVID LAING
- Dominic Adrian Hopkins
- Frances Mary Laing
- John Benjamin Laing
- MR JOHN STUART LEWIS DL FCIS
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £350k | £277k |
| 05/04/2024 | £264k | £451k |
| 05/04/2023 | £198k | £542k |
| 05/04/2022 | £190k | £286k |
| 05/04/2021 | £162k | £221k |
Common questions
Is DAVID LAING FOUNDATION financially healthy?
The accounts state that unrestricted general funds total £11,138,917, with total funds carried forward at £11,214,165. The trustees have resolved to retain liquid reserves of not less than 2.5% of the current market value of the fund, holding £352,797 which equates to 3.15% of total charity funds. The auditors confirmed that the trustees' use of the going concern basis of accounting is appropriate with no material uncertainties identified. Its FY2025 accounts were audited by Shaw Gibbs (Audit) Limited.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| FRIENDS OF ACHIEZER ARAD | 1 | £41k |