Charity Accounts Intelreading the accounts so you don’t have to

LINCOLNSHIRE HOUSE ASSOCIATION

Registered charity 700717 · accounts filings on the Charity Commission register · also known as FIRST BRICK APPEAL, THE WISH APPEAL

Get email alerts for this charity

Latest income
£2.4m
Latest spending
£2.1m
Registered
1988
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity generated a net income of £272,158 for the year ended 31 March 2024, with total income of £2,191,571 against total expenditure of £1,919,413. The charity holds unrestricted reserves of £5,957,003, which the trustees confirm sits within their stated policy target range of £1,918,057 to £2,877,086. The auditor confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified.

What the accounts disclose

Reserves policy: 12-18 months running costs (held: £6.0m)
“Lincolnshire House Association has decided to aim to keep 12-18 months running costs in reserve, a target range of between £1,918,057 and £2,877,086.” — page 5
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by RNS Chartered Accountants. Discloses 4 of 6 completeness components.

Structured financials (annual return, FY ending 31/03/2025)

Total income
£2.4m
Total spending
£2.1m
Reserves (reported)
£0
Employees
71

Reported reserves equal ~0.0 months of spending — in the bottom quarter for charities its size (median 4.8 months; benchmarks).

Care Quality Commission ratings

CQC inspection ratings for services run by a provider matching this charity’s name (matched by name; verify provider identity on CQC’s site).

Trustees

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

Operates in: North Lincolnshire

Income and spending

Financial year endIncomeSpending
31/03/2025£2.4m£2.1m
31/03/2024£2.2m£1.9m
31/03/2023£1.9m£1.7m
31/03/2022£1.9m£1.6m
31/03/2021£1.9m£1.7m

Common questions

Is LINCOLNSHIRE HOUSE ASSOCIATION financially healthy?

The accounts state that the charity generated a net income of £272,158 for the year ended 31 March 2024, with total income of £2,191,571 against total expenditure of £1,919,413. The charity holds unrestricted reserves of £5,957,003, which the trustees confirm sits within their stated policy target range of £1,918,057 to £2,877,086. The auditor confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified. Its FY2024 accounts were audited by RNS Chartered Accountants.