THE LYTHAM SCHOOLS FOUNDATION
Financial health, per its FY2022 accounts
The accounts state that the charity holds unrestricted and restricted funds totaling £17,203,918, with a significant portion invested in property and securities. The trustees report that there are no material uncertainties regarding the charity's ability to continue as a going concern. The charity's reserves policy aims to keep sufficient reserves to generate income for future charitable grant-making activities.
What the accounts disclose
“The aim is to keep sufficient reserves to generate an income sufficient to allow future charitable grant making activities.” — page 5
Register events
- Received assets from another charity (12/07/2016)
Trustees
- THE LYTHAM SCHOOLS TRUSTEE LIMITED
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £316k | £749k |
| 31/12/2023 | £294k | £343k |
| 31/12/2022 | £237k | £388k |
| 31/12/2021 | £482k | £568k |
| 31/12/2020 | £347k | £519k |
Common questions
Is THE LYTHAM SCHOOLS FOUNDATION financially healthy?
The accounts state that the charity holds unrestricted and restricted funds totaling £17,203,918, with a significant portion invested in property and securities. The trustees report that there are no material uncertainties regarding the charity's ability to continue as a going concern. The charity's reserves policy aims to keep sufficient reserves to generate income for future charitable grant-making activities. Its FY2022 accounts were audited by McMillan & Co LLP.