MRS A LACY TATE TRUST
Grant making organisation for all aspects of charitable giving for all charitable purposes in East Suusex
Financial health, per its FY2025 accounts
The accounts state that unrestricted funds decreased from £257,939.79 to £53,634.58 due to a net payment of £10,883.25 in the income account and a net payment of £193,421.96 in the capital account. The trustees note that investment income performance has been impacted by global markets, leading to reduced grant values, though they hope for improvement in the next year.
What the accounts disclose
“The Trustees general reserve policy is to maintain sufficient funds to cover donations and to ensure smooth running of the day to day operations of the Trust. However, no strict reserve policy is necessary as the Trustees are permitted to spend Capital.” — page 4
Trustees
- IAN MICHAEL ALEXANDER STEWARTchair
- LESLEY ANN MACEY
- LINDA ANN BURGESS
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £39k | £50k |
| 05/04/2024 | £53k | £46k |
| 05/04/2023 | £58k | £67k |
| 05/04/2022 | £88k | £47k |
| 05/04/2021 | £32k | £26k |
Common questions
Is MRS A LACY TATE TRUST financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted funds decreased from £257,939.79 to £53,634.58 due to a net payment of £10,883.25 in the income account and a net payment of £193,421.96 in the capital account. The trustees note that investment income performance has been impacted by global markets, leading to reduced grant values, though they hope for improvement in the next year. Its FY2025 accounts were independently examined.