LUCY PRICE RELIEF IN NEED CHARITY

Registered charity 516967 · accounts filings on the Charity Commission register

Grants or donations are paid at the trustees discretion to persons between the ages of 5 years and 25 years who reside in the parish of Baginton, Warwickshire.

Causes: Education/training · The Prevention Or Relief Of Poverty · Get email alerts

Latest income

£42k

Latest spending

£47k

Registered

1985

Accounts read

FY2024

Financial health, per its FY2024 accounts

The accounts state that total funds increased to £1,865,164, driven by significant investment gains of £36,277 which offset a net expenditure on charitable activities of £47,084. The trustees note that the investment value of the capital fund is below the indexed ring-fenced requirement due to difficult global market conditions, but confirm the charity operates in a prudent mode.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: maintain the fund value above the indexed valuation level (£1,980,951) (held: £43k)

“The Trustees have also passed a resolution whereby they have ring-fenced £1,065,500 of the capital fund so as not to be disposed of. They will increase this £1,065,500 valuation annually indexed to inflation so as to protect the long-term future of incoming resources for the Charity. At 31st December 2024, its indexed valuation is £1,980,951. The Trustees will endeavour to maintain the fund value above the indexed valuation level.” — page 9

Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

Register events

Received assets from another charity (19/12/2023) — per the register’s event history; asset transfers typically record mergers or reorganisations.

Trustees · trustee networks

LOUISE ANNE GEORGINA GIVENchair
Lisa Deslandes
NIGEL PHILLIP THOMAS
Professor Andrew Martin PARKES
Robert Andrew Newman
SUSAN WILLIAMS

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

Operates in: Warwickshire

Income and spending

Financial year end	Income	Spending
31/12/2024	£42k	£47k
31/12/2023	£35k	£40k
31/12/2022	£796	£87k
31/12/2021	£307	£44k
31/12/2020	£231	£35k

Common questions

Is LUCY PRICE RELIEF IN NEED CHARITY financially healthy?

Per its FY2024 accounts: The accounts state that total funds increased to £1,865,164, driven by significant investment gains of £36,277 which offset a net expenditure on charitable activities of £47,084. The trustees note that the investment value of the capital fund is below the indexed ring-fenced requirement due to difficult global market conditions, but confirm the charity operates in a prudent mode. Its FY2024 accounts were independently examined.