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.
Objects
THE ADVANCEMENT OF EDUCATION AND THE RELIEF OF SICKNESS AND WITHOUT PREJUDICE TO THE GENERALITY OF THE FOREGOING THROUGH 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
Policies the charity declares
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Serious incident reporting policy and procedures
- Trustee expenses policy and procedures
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 05/04/2025
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 05/04/2024
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 05/04/2023
- Grant-making is its main activity
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 VINEHILL TRUST | 1 | £4.7m |
| THE ALBERT GUBAY CHARITABLE FOUNDATION | 1 | £410k |
| CATHOLIC TRUST FOR ENGLAND AND WALES | 1 | £300k |
| THE HDH WILLS 1965 CHARITABLE TRUST | 1 | £37k |
| THE NATIONAL FOUNDATION FOR YOUTH MUSIC | 1 | £10k |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF LEEDS CITY | 1 | £8k |
Charities like this
- LACES EDUCATIONAL
- THE LACE MARKET THEATRE TRUST LIMITED
- LEEDS DIOCESE CHARITABLE SOCIETY TRUST
- LEEDS DIOCESAN TRUST
- OSTEOPATHIC TRUSTS
- THE 21ST CENTURY TRUST
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 | £81k | — | — | unclear | — | no doubt |
| THE LACE MARKET THEATRE TRUST LIMITED | £213k | — | 0 | unclear | — | no doubt |
| LEEDS DIOCESE CHARITABLE SOCIETY TRUST | £42k | — | — | above | — | no doubt |
| LEEDS DIOCESAN TRUST | £13.3m | — | — | above | — | no doubt |
| OSTEOPATHIC TRUSTS | £136k | — | 0 | unclear | — | no doubt |