LOFTUS CHARITABLE TRUST
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net deficit of £271,635 for the year ended 5 April 2025, resulting in a decrease in total fund balances from £4,011,690 to £3,740,055. Despite this deficit, unrestricted reserves stood at £3,731,584, which the trustees consider sufficient to cover support costs and respond to grant applications. The trustees confirmed that the charity has adequate resources to continue in operational existence for the foreseeable future.
What the accounts disclose
“The trustees’ aim is to maintain free reserves in unrestricted funds at a level that will provide sufficient funds to respond to applications for grants and ensure that there are sufficient funds available to cover support and governance costs.” — page 5
“Donations include amounts from trustees of £40,000 (2024: £315,000). Grants made include amounts to charities which share a trustee in common with the charity £50,000 (2024: £40,000) At the balance sheet date £838 (2024: £838) was owed to a company controlled by the trustees.” — page 21
“Donations include amounts from trustees of £40,000 (2024: £315,000). Grants made include amounts to charities which share a trustee in common with the charity £50,000 (2024: £40,000) At the balance sheet date £838 (2024: £838) was owed to a company controlled by the trustees.” — page 21
“Donations include amounts from trustees of £40,000 (2024: £315,000). Grants made include amounts to charities which share a trustee in common with the charity £50,000 (2024: £40,000) At the balance sheet date £838 (2024: £838) was owed to a company controlled by the trustees.” — page 21
“Donations include amounts from trustees of £40,000 (2024: £315,000). Grants made include amounts to charities which share a trustee in common with the charity £50,000 (2024: £40,000) At the balance sheet date £838 (2024: £838) was owed to a company controlled by the trustees.” — page 21
“Donations include amounts from trustees of £40,000 (2024: £315,000). Grants made include amounts to charities which share a trustee in common with the charity £50,000 (2024: £40,000) At the balance sheet date £838 (2024: £838) was owed to a company controlled by the trustees.” — page 21
“Donations include amounts from trustees of £40,000 (2024: £315,000). Grants made include amounts to charities which share a trustee in common with the charity £50,000 (2024: £40,000) At the balance sheet date £838 (2024: £838) was owed to a company controlled by the trustees.” — page 21
Trustees
- ANDREW DAVID LOFTUS
- ANTHONY LOUIS LOFTUS
- RICHARD IAN LOFTUS
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £154k | £484k |
| 05/04/2024 | £364k | £515k |
| 05/04/2023 | £496k | £457k |
| 05/04/2022 | £485k | £634k |
| 05/04/2021 | £310k | £622k |
Common questions
Is LOFTUS CHARITABLE TRUST financially healthy?
The accounts state that the charity reported a net deficit of £271,635 for the year ended 5 April 2025, resulting in a decrease in total fund balances from £4,011,690 to £3,740,055. Despite this deficit, unrestricted reserves stood at £3,731,584, which the trustees consider sufficient to cover support costs and respond to grant applications. The trustees confirmed that the charity has adequate resources to continue in operational existence for the foreseeable future. Its FY2025 accounts were audited by Gravita Audit II Limited.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| SF FOUNDATION | 1 | £235k |
| BOURNEHEIGHTS LIMITED | 1 | £177k |
| TRUMROS LIMITED | 1 | £142k |
| AHAVATH CHESSED CHARITABLE ASSOCIATION LIMITED | 1 | £58k |
| COSMON (BELZ) LIMITED | 1 | £56k |
| BELZ ISRAEL CHARITABLE TRUST | 1 | £49k |
| HURDALE CHARITY LIMITED | 1 | £30k |
| BEFORE TRUST | 1 | £23k |