BISHOP LANEY'S CHARITY
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.
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.
What the accounts disclose
“as best practice, a minimum level of £75,000 is kept in an easy access bank account, based on 12 months expenditure”
“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.”
Trustees
- HAMISH CHARLES HENRY ROSSchair
- BRIAN MARK ASHTON
- Elisabeth Every
- GEOFFREY FISHER
- Iain Sutherland
- Thomas Clarke
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 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.