THE TOM LETHABY MEMORIAL TRUST
The prevention or relief of poverty. Emphasis on the elderly. Trust is open to applications. Please submit your application to https://funding.ludlowtrust.com
Financial health, per its FY2025 accounts
The accounts state that free reserves increased to £10,865 from £2,511 in the prior year, alongside bank balances of £3,517 and expendable endowment investments valued at £337,748. The trustees maintain a policy of holding free reserves to cover future needs, contingencies, and risks, with no material uncertainties reported regarding the charity's ability to continue as a going concern.
What the accounts disclose
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 15/02/2026 | £17k | £22k |
| 15/02/2025 | £27k | £20k |
| 15/02/2024 | £9k | £20k |
| 15/02/2023 | £6k | £9k |
| 15/02/2022 | £6k | £8k |
Common questions
Is THE TOM LETHABY MEMORIAL TRUST financially healthy?
Per its FY2025 accounts: The accounts state that free reserves increased to £10,865 from £2,511 in the prior year, alongside bank balances of £3,517 and expendable endowment investments valued at £337,748. The trustees maintain a policy of holding free reserves to cover future needs, contingencies, and risks, with no material uncertainties reported regarding the charity's ability to continue as a going concern. Its FY2025 accounts were independently examined.