BISHOP LANEY'S CHARITY

Registered charity 311306 · accounts filings on the Charity Commission register · also known as THE BISHOP LANEY FOUNDATION

Offers grants for young people in the Soham and Ely area to assist with their degree or apprenticeship.Must be under 25 when first applying.

Objects

THE RENTS AND PROFITS OF THE FOUNDATION TO BE EMPLOYED IN PUTTING OUT APPRENTICES TO SOME HONEST TRADE THE CHILDREN OF THE POOR INHABITANTS OF THE BENEFICIAL AREA, BUT IF THE INCOME CANNOT BE USEFULLY APPLIED IN APPRENTICING, THEN THE NET INCOME SHALL BE APPLIED IN ONE OR MORE OF THE FOLLOING WAYS:- (A) IN PROVIDINGFINANCIAL ASSISTANCE, OUTFITS, CLOTHING, TOOLS, INSTRUMENTS OR BOOKS TO ENABLE BENEFICIARIES ON LEAVING SCHOOL, UNIVERSITY, OR OTHER EDUCATIONAL ESTABLISHMENT, PREPARE FOR, OR ASSIST THEIR ENTRY INTO A PROFESSION, TRADE OR CALLING; (B) IN AWARDING EXHIBITION OR GRANTS TENABLE AT ANY SECONDARY SCHOOL, COLLEGE OF EDUCATION, UNIVERSITY OR OTHER ISTITUTION OF FUTHER (INCLUDING PROFESSIONAL AND TECHNICAL) EDUCATION; AND (C) IN OTHERWISE PROMOTING THE EDUCATION (INCLUDING SOCIAL AND PHYSICAL TRAINING) OR BENEFICIARIES. BENEFICIARIES MEANS YOUNG PERSONS WHO HAVE NOT ATTAINED THE AGE OF 25 YEARS WHO ARE RESIDENT IN THE BENEFICIAL AREA.

Area of benefit: THE COUNTY OF CAMBRIDGE OF ISLE OF ELY

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: Education/training · website · Get email alerts

Latest income
£91k
Latest spending
£107k
Registered
1972
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity holds total funds of £8,918,396, comprising an expendable endowment fund of £8,598,376 and unrestricted funds of £320,020. The trustees maintain a minimum unrestricted reserve of £75,000 based on 12 months of expenditure, which is well above the stated policy target. The charity reports adequate resources to continue in operational existence for at least twelve months with no material uncertainties.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: minimum level of £75,000 (held: £320k)
“as best practice, a minimum level of £75,000 is kept in an easy access bank account, based on 12 months expenditure”
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Grant to trustee's granddaughter
“During the year, one such grant valued at £400 was given to the granddaughter of Geoff Fisher, a trustee (2024 - £400). There were no other related party transactions or balances during the current and previous financial years.”
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Cambridgeshire

Income and spending

Financial year endIncomeSpending
25/03/2025£91k£107k
25/03/2024£305k£88k
25/03/2023£281k£72k
25/03/2022£279k£74k
25/03/2021£173k£73k

Common questions

Is BISHOP LANEY'S CHARITY financially healthy?

Per its FY2025 accounts: The accounts state that the charity holds total funds of £8,918,396, comprising an expendable endowment fund of £8,598,376 and unrestricted funds of £320,020. The trustees maintain a minimum unrestricted reserve of £75,000 based on 12 months of expenditure, which is well above the stated policy target. The charity reports adequate resources to continue in operational existence for at least twelve months with no material uncertainties. Its FY2025 accounts were independently examined.