LANGLEY CHARITABLE TRUST
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net deficit of £335,809 for the year ended 31 December 2024, primarily due to a £480,352 grant converting a social investment loan to a gift. Despite this deficit, the charity holds unrestricted reserves of £2,218,230, which the trustees describe as accumulated to support ongoing projects and future capital investment needs.
What the accounts disclose
“The trustees have currently adopted a policy to accumulate reserves as part of a longer term vision for a project which will require significant capital investment.” — page 5
Trustees
- JOHN PURDIE GILMOURchair
- SYLVIA SUSAN GILMOUR
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £115k | £526k |
| 31/12/2023 | £70k | £124k |
| 31/12/2022 | £281k | £1.6m |
| 31/12/2021 | £32k | £214k |
| 31/12/2020 | £38k | £157k |
Common questions
Is LANGLEY CHARITABLE TRUST financially healthy?
The accounts state that the charity reported a net deficit of £335,809 for the year ended 31 December 2024, primarily due to a £480,352 grant converting a social investment loan to a gift. Despite this deficit, the charity holds unrestricted reserves of £2,218,230, which the trustees describe as accumulated to support ongoing projects and future capital investment needs. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| DAWAT-E-HADIYAH TRUST (UNITED KINGDOM) | 1 | £21.1m |