MRS F B LAURENCE'S CHARITABLE TRUST
The stated object of the charity in its Deed of Trust is to provide for the benefit of the Royal National Lifeboat Instituion, King George's Fund for Sailors, Stock Exchange Benevolent Fund, Royal Air Force Benevolent Fund and such other charitable objects or institutions as the trustees in their absolute discretion think fit.
Objects
THE TRUSTEES SHALL (FROM AND AFTER THE DEATH OF THE SURVIVOR OF THE SETTLOR AND MISS BRENDA LAURENCE) HOLD THE TRUST FUND AS TO BOTH CAPITAL AND INCOME THEREOF OR ALTERNATIVELY IN THEIR DISCRETION UPON FUND TO APPLY THE INCOME THEREOF TO OR FOR THE BENEFIT OF ANY ONE OR MORE EXCLUSIVE OF THE OTHER OR OTHERS OF THE FOLLOWING: (I) ROYAL NATIONAL LIFEBOAT INSTITUTION OF 42 GROSVENOR GARDENS, LONDON, SW1W 0EF. STOCK EXCHANGE BEVEVOLENT FUND OF 26 AUSTIN FRIARS, LONDON, EC2 ROYAL AIR FORCE BENEVLENT, LONDON, EC2 ROYAL AIR FORCE BENEVOLENT FUND OF 67 PORTLAND, LONDON, W1N 4AP. (II) SUCH CHARITABLE TRUST OR CHARITABLE TRUSTS OR CHARITABLE INSTITUTIONS OR CHARITABLE OBJECT OR CHARITABLE OBJECTS AS THE TRUSTEES MAY IN THEIR ABSOLUTE DISCRETION THINK FIT OR BY DEED APPOINT.
Financial health, per its FY2025 accounts
The accounts state that the charity's unrestricted funds decreased by £80,589 during the year due to total expenditure exceeding income, driven by a net investment loss of £31,980. The trustees report that the designated fund remains sufficient to continue generating income for charitable objects, and they have concluded there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“The trustees' policy is to operate on the basis of being able to continue to generate sufficient income to use towards meeting their charitable objects and to accord with their principal aims. The trustees are of the opinion that the Designated Fund remains sufficient to enable them to continue this ongoing objective.” — page 9
“Caroline Fry was reimbursed a total of £500 for travelling & subsistence expenditure incurred in the performance of their duties during the year (2024 - £1,000).” — page 20
Policies the charity declares
- Conflicting interests
- 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
- Risk management
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
Trustees
- CAROLINE ESTHER MARY FRY
- Payne Hicks Beach Trust Corporation
- WILLIAM GEORGE HAMILTON
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/06/2025 | £71k | £119k |
| 30/06/2024 | £76k | £123k |
| 30/06/2023 | £68k | £112k |
| 30/06/2022 | £44k | £125k |
| 30/06/2021 | £66k | £117k |
Common questions
Is MRS F B LAURENCE'S CHARITABLE TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity's unrestricted funds decreased by £80,589 during the year due to total expenditure exceeding income, driven by a net investment loss of £31,980. The trustees report that the designated fund remains sufficient to continue generating income for charitable objects, and they have concluded there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were independently examined.