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LANCASTER TRAINING SERVICES LIMITED

Registered charity 511387 · accounts filings on the Charity Commission register

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Latest income
£1.5m
Latest spending
£1.3m
Registered
1981
Accounts read
FY2023

Financial health, per its FY2023 accounts

The accounts state that the charity generated a net surplus of £90,702 for the year ended 31 July 2023, with total unrestricted reserves increasing to £1,936,229. The trustees believe that free reserves of £784,675 satisfy their stated policy target of £700,000, which is defined as one half of annual running costs. The auditor confirmed that the financial statements are appropriate for preparation on a going concern basis with no material uncertainties identified.

What the accounts disclose

Highest-paid employee band: £70,001 - £80,000 — above the median for charities its size (£70k)
“One employee earned between 270, 000 - 200,000 in in the year (2022: Nil).” — page 16
Per its FY2023 accounts as filed with the Charity Commission.
Employees paid over £60,000: 1
“One employee earned between 270, 000 - 200,000 in in the year (2022: Nil).” — page 16
Per its FY2023 accounts as filed with the Charity Commission.
Reserves policy: £700,000 (held: £785k)
“The trustees believe that free reserves amounting to one half of annual running costs would be appropriate to this charity, the target level being f700, 000.” — page 4
Per its FY2023 accounts as filed with the Charity Commission.

Accounts audited by Azets Audit Services. Discloses 6 of 6 completeness components.

Structured financials (annual return, FY ending 31/07/2025)

Total income
£1.5m
Total spending
£1.3m
Reserves (reported)
£2.3m
Employees
20

Reported reserves equal ~21.3 months of spending — in the top quarter for charities its size (median 4.8 months; benchmarks).

Trustees

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

Operates in: Cumbria · Lancashire

Income and spending

Financial year endIncomeSpending
31/07/2025£1.5m£1.3m
31/07/2024£1.5m£1.3m
31/07/2023£1.4m£1.3m
31/07/2022£1.2m£1.2m
31/07/2021£924k£982k

Common questions

Is LANCASTER TRAINING SERVICES LIMITED financially healthy?

The accounts state that the charity generated a net surplus of £90,702 for the year ended 31 July 2023, with total unrestricted reserves increasing to £1,936,229. The trustees believe that free reserves of £784,675 satisfy their stated policy target of £700,000, which is defined as one half of annual running costs. The auditor confirmed that the financial statements are appropriate for preparation on a going concern basis with no material uncertainties identified. Its FY2023 accounts were audited by Azets Audit Services.

What does the highest-paid employee of LANCASTER TRAINING SERVICES LIMITED earn?

Per its FY2023 accounts, the highest-paid employee was in the £70,001 - £80,000 band, and 1 employees earned over £60,000.