LACES TRUST
The advancement of education and the relief of sickness by promoting or providing for the benefit of the public study, research and instruction in ethics and other philosophical disciplines as a part of or as related to medicine and any subject ancillary thereto.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net surplus of £23,933 for the year ended 5 April 2025, bringing the accumulated unrestricted surplus to £853,156. The trustees confirmed that the charity has sufficient donor commitments to continue activities for the foreseeable future, supporting the going concern basis. No minimum reserves policy is stated, and the trustees maintain flexibility regarding the timing and scale of future donations.
What the accounts disclose
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £105k | £81k |
| 05/04/2024 | £62k | £51k |
| 05/04/2023 | £106k | £93k |
| 05/04/2022 | £65k | £61k |
| 05/04/2021 | £51k | £65k |
Common questions
Is LACES TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net surplus of £23,933 for the year ended 5 April 2025, bringing the accumulated unrestricted surplus to £853,156. The trustees confirmed that the charity has sufficient donor commitments to continue activities for the foreseeable future, supporting the going concern basis. No minimum reserves policy is stated, and the trustees maintain flexibility regarding the timing and scale of future donations. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE A. H. TRUST | 1 | £60k |
| REMODIFYZ TRUST | 1 | £25k |
Charities like this
- LACES EDUCATIONAL
- LEICESTER GRAMMAR SCHOOL TRUST
- LEICESTER HIGH SCHOOL CHARITABLE TRUST LIMITED
- THE ASSOCIATION OF COLLEGES CHARITABLE TRUST
- LTC TRUST CO
- THE LASHES FOUNDATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| LACES TRUST | £105k | — | 0 | unclear | — | no doubt |
| LACES EDUCATIONAL | £216k | — | 0 | unclear | — | no doubt |
| LEICESTER GRAMMAR SCHOOL TRUST | £235.7m | £190,001 - £200,000 | — | unclear | — | no doubt |
| LEICESTER HIGH SCHOOL CHARITABLE TRUST LIMITED | £4.0m | £100,001 - £110,000 | — | below | — | no doubt |
| THE ASSOCIATION OF COLLEGES CHARITABLE TRUST | £314k | — | 0 | unclear | — | no doubt |
| LTC TRUST CO | £413k | — | 0 | unclear | — | no doubt |