Langmuir Family Foundation
Latest income
£4.0m
Latest spending
£204k
Accounts read
FY2024
Financial health, per FY2024 accounts
The accounts state that the foundation holds unrestricted reserves of £22,147,227.46, which the trustees consider sufficient to cover donations and general running costs. The foundation reported a net income increase of £4,908,153.49 for the year, driven by significant voluntary cash donations and investment gains. The auditor confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified.
What the accounts disclose
Related-party transaction: Brodies LLP charged the foundation £30,970.00 for secretarial, solicitor, and accountant services. Brodies & Co (Trustees) Limited is a trustee associated with Brodies LLP.
“Brodies LLP charged the foundation £30,970.00 (2023: £17,036.00) for these services.”
Per FY2024 accounts as filed with OSCR.