LAKECHANCE LIMITED
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net expenditure of £93,354 for the year ended 31 March 2025, resulting in a decrease in total funds to £581,080. The trustees' report indicates an intention to distribute unrestricted funds over the short term, and the charity relies on donations from a wholly owned subsidiary and trustee-controlled companies.
What the accounts disclose
Structured financials (annual return, FY ending 31/03/2023)
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £281k | £375k |
| 31/03/2024 | £330k | £591k |
| 31/03/2023 | £1.3m | £1.1m |
| 31/03/2022 | £963k | £932k |
| 31/03/2021 | £346k | £209k |
Common questions
Is LAKECHANCE LIMITED financially healthy?
The accounts state that the charity reported a net expenditure of £93,354 for the year ended 31 March 2025, resulting in a decrease in total funds to £581,080. The trustees' report indicates an intention to distribute unrestricted funds over the short term, and the charity relies on donations from a wholly owned subsidiary and trustee-controlled companies. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| BEIS MENACHEM CHABAD LUBAVITCH | 1 | £102k |
| CML - CHEVRAS MO'OZ LADOL | 1 | £21k |
| YESHIVAS LUBAVITCH MANCHESTER | 1 | £20k |
| THE ELIEZER FOUNDATION | 1 | £10k |