WALTER LYON TRUST
To provide a home for the care of persons suffering from drug addiction
Objects
(A) TO PROVIDE AND MAINTAIN OR ASSIST IN THE PROVISION AND MAINTENANCE OF A HOME AS A RESIDENCE FOR THE ACCOMODATION OF PERSONS IN CONDITIONS OF NEED, HARDSHIP AND DISTRESS OR PHYSICAL OF MENTAL SICKNESS AND IN PARTICULAR, BUT NOT EXCLUSIVELY, OF SUCH PERSONS WHO ARE YOUNG, AND (B) TO FURTHER SUCH OTHER CHARITABLE PURPOSE OR PURPOSES FOR THE WELFARE OF SUCH PERSONS FOR THE TIME BEING ASSISTED BY THE CHARITY AS THE TRUSTEES THINK FIT AND AS MAY CONVENIENTLY BE FURTHERED IN CONJUNCTION WITH THE FURTHERANCE OF THE ABOVE-MENTIONED PROJECT.
Financial health, per its FY2025 accounts
The accounts state that unrestricted funds total £249,811 against total net assets of £304,525, with significant cash reserves of £250,400. The trustees report satisfaction with the financial position and note that reserves are sufficient to cover major repair and capital expenditure on the property. The charity generated a net surplus of £15,542 for the year, funded primarily by rental income.
What the accounts disclose
“The principal source of funding during the year was rental income for use of Walter Lyon House.” — page 5
“The Trust now has sufficient reserves to cover major repair and capital expenditure on the property and the trustees are considering modest increases in expenditure on charitable activities in future years.” — page 5
Policies the charity declares
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Investing charity funds policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
Trustees
- HUGH EDWARD CLAYchair
- Andrew Joseph Nardone
- Andrew Simpson
- Emily Hunter
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £54k | £70k |
| 05/04/2024 | £47k | £31k |
| 05/04/2023 | £44k | £21k |
| 05/04/2022 | £43k | £13k |
| 05/04/2021 | £42k | £19k |
Common questions
Is WALTER LYON TRUST financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted funds total £249,811 against total net assets of £304,525, with significant cash reserves of £250,400. The trustees report satisfaction with the financial position and note that reserves are sufficient to cover major repair and capital expenditure on the property. The charity generated a net surplus of £15,542 for the year, funded primarily by rental income. Its FY2025 accounts were independently examined.