THE DURHAM LESOTHO DIOCESAN LINK
Helping develop child-focused rehabilitation programme, health education programme (including AIDS awareness, and diabetes), Christian education programme and income generating projects in Lesotho; developing educational projects for schools and raising awareness and support of initiatives in Durham diocese; fostering closer spiritual links between Anglican church in Lesotho and Durham
Financial health, per its FY2024 accounts
The accounts state that the charity moved from a break-even position in 2023 to a surplus of almost £10,000 by the end of 2024, with total bank balances reaching £28,153.86. The Trustees have agreed to maintain reserves of £10,000 to cover the Executive Officer’s salary and administration costs. The charity continues to rely on an annual £25,000 grant from the Durham Diocese and other restricted funding sources.
What the accounts disclose
“The charity continues to rely on an annual £25,000 grant from the Durham Diocese, legacies and from regular giving from churches, trusts and individuals” — page 6
“The Board agreed to maintain reserves of £10,000 to cover the EO’s annual salary, travel and expenses, general administration and any unexpected costs.” — page 4
Trustees
- ELISABETH MARY BRYANTchair
- ALEX NELSON
- ANDREA MICHELLE PRITCHARD
- MRS RUTH HICKS
- Susan Ann Egglestone
- VEN NICHOLAS BARKER
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £39k | £38k |
| 31/12/2023 | £52k | £72k |
| 31/12/2022 | £46k | £48k |
| 31/12/2021 | £59k | £41k |
| 31/12/2020 | £45k | £54k |
Common questions
Is THE DURHAM LESOTHO DIOCESAN LINK financially healthy?
Per its FY2024 accounts: The accounts state that the charity moved from a break-even position in 2023 to a surplus of almost £10,000 by the end of 2024, with total bank balances reaching £28,153.86. The Trustees have agreed to maintain reserves of £10,000 to cover the Executive Officer’s salary and administration costs. The charity continues to rely on an annual £25,000 grant from the Durham Diocese and other restricted funding sources. Its FY2024 accounts were independently examined.