LINCOLN GROUP TRAINING ASSOCIATION
Financial health, per its FY2022 accounts
The accounts state that the charity reported a net deficit of £3,034 for the year ended 31 December 2022, reducing its accumulated fund from £71,907 to £68,873. The trustees' report confirms that current reserves adequately cover the cost of activities and provide comfort that the programme will be adequately funded. The financial statements were externally verified by an independent examiner who issued a true and fair view opinion.
What the accounts disclose
Trustees
- Herman Frans Frederik Kokchair
- Clive Hall
- Paula Bailey
- Philip Hobson
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £263k | £258k |
| 31/12/2023 | £278k | £279k |
| 31/12/2022 | £136k | £139k |
| 31/12/2021 | £103k | £92k |
| 31/12/2020 | £94k | £71k |
Common questions
Is LINCOLN GROUP TRAINING ASSOCIATION financially healthy?
The accounts state that the charity reported a net deficit of £3,034 for the year ended 31 December 2022, reducing its accumulated fund from £71,907 to £68,873. The trustees' report confirms that current reserves adequately cover the cost of activities and provide comfort that the programme will be adequately funded. The financial statements were externally verified by an independent examiner who issued a true and fair view opinion. Its FY2022 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| MRS WATERHOUSE CHARITABLE TRUST | 1 | £410k |
| CULHAM ST GABRIEL'S TRUST | 1 | £5k |
| THE PETER KERSHAW TRUST | 1 | £2k |