THE LISTER CHARITABLE TRUST
Financial health, per its FY2024 accounts
The accounts state that the charity holds an expendable endowment fund of £8,055,652, which generated investment income of £147,309. The unrestricted fund balance is nil, with charitable grants and governance costs funded from the endowment or unrestricted reserves as needed. The trustees confirm the charity has adequate resources to continue in operational existence for the foreseeable future.
What the accounts disclose
“At the year-end the Unrestricted Fund amounted to £nil.” — page 5
“During the year, the charity received bookkeeping services from a company in which a trustee has an interest. The amount paid was £11,802 (2023 - £10,430). At the balance sheet date, the amount outstanding and included within creditors was £14,410 (2023 - £2,779)” — page 19
“The preference shares held by the charity are in a company in which a trustee has an interest. These shares granted interest income of £77,000 (2023 - £77,000). At the balance sheet date, the amount due from and included within debtors was £20,357 (2023 - £nil)” — page 19
“During the year, the charity received bookkeeping services from a company in which a trustee has an interest. The amount paid was £11,802 (2023 - £10,430). At the balance sheet date, the amount outstanding and included within creditors was £14,410 (2023 - £2,779)” — page 19
“The preference shares held by the charity are in a company in which a trustee has an interest. These shares granted interest income of £77,000 (2023 - £77,000). At the balance sheet date, the amount due from and included within debtors was £20,357 (2023 - £nil)” — page 19
Trustees
- Benjamin Barclay Horne
- JOE HARVEY HORNE
- PENNY HORNE
- SAMUEL CHARLES HORNE
- TOMAS ROBERT HORNE
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £142k | £443k |
| 05/04/2024 | £147k | £244k |
| 05/04/2023 | £157k | £191k |
| 05/04/2022 | £129k | £298k |
| 05/04/2021 | £121k | £182k |
Common questions
Is THE LISTER CHARITABLE TRUST financially healthy?
The accounts state that the charity holds an expendable endowment fund of £8,055,652, which generated investment income of £147,309. The unrestricted fund balance is nil, with charitable grants and governance costs funded from the endowment or unrestricted reserves as needed. The trustees confirm the charity has adequate resources to continue in operational existence for the foreseeable future. Its FY2024 accounts were independently examined.