LUMOS FOUNDATION

Charity Number: 1112575
Charity reporting is up to date (on time)

Charity overview

Activities - how the charity spends its money

Lumos works to transform the lives of disadvantaged children by facilitating the end of institutional care for good. It does this in two ways: At a policy level to accelerate and improve the quality of reform in health, education and social protection services At a practical level working with providers of children's services to demonstrate the value of family-based care

Income and expenditure

Data for financial year ending 31 December 2023

Total income:
£7,887,821

Text alternative for this canvas graphic is in the data table below.
Donations and legacies £3.70m
Charitable activities £12.76k
Other trading activities £63.37k
Investments £71.73k
Other £4.04m

Total expenditure:
£4,963,793

Text alternative for this canvas graphic is in the data table below.
Raising funds £1.58m
Charitable activities £3.39m
Other £0

-£5,181 investments gains (losses)

Charitable expenditure

Charitable expenditure

Some charities generate all, or a substantial part, of their income from investments which may have been donated to the charity as endowment or set aside by the charity from its own resources in the past. Such investments usually take the form of stocks and shares but may include other assets, such as property, that are capable of generating income and/or capital growth.

In managing their spending and investments charities need to strike a balance between the needs of future and current beneficiaries. They also need to take account of spending commitments that may stretch over a number of future years. To do this, charities will normally adopt an investment strategy designed to generate both income and capital growth. To maximise returns trustees may commit to investment strategies for several years.

Investments can experience large swings in value so trustees may, in a particular year, decide to realise and spend part of their charity’s capital or to invest part of its income.

By clicking the investment gains checkbox the charitable spending bar is adjusted to take account of capital growth as well as income. This shows the balance the charity is striking, between spending on current beneficiaries and retaining resources for future beneficiaries.

Text alternative for this canvas graphic is in the data table below.
Raising funds and other expenditure £1.58m
Charitable expenditure £3.39m
Retained for future use £2.92m

People

54 Employee(s)

8 Trustee(s)

Employees with total benefits over £60,000

Number of employees
£60k to £70k 2
£70k to £80k 2
£80k to £90k 1
£90k to £100k 1
£120k to £130k 1

Fundraising

No information available

Trading

This charity has one or more trading subsidiaries.

Trustee payments

No trustees receive any remuneration, payments or benefits from the charity.

What, who, how, where

What the charity does:
  • Education/training
  • The Advancement Of Health Or Saving Of Lives
  • Disability
  • The Prevention Or Relief Of Poverty
  • Overseas Aid/famine Relief
  • Accommodation/housing
Who the charity helps:
  • Children/young People
How the charity helps:
  • Makes Grants To Organisations
  • Provides Services
  • Provides Advocacy/advice/information
  • Sponsors Or Undertakes Research
  • Acts As An Umbrella Or Resource Body
Where the charity operates:
  • Throughout England
  • Colombia
  • Kenya
  • Moldova
  • Ukraine
  • United States

Governance

Registration history:
  • 21 December 2005: Standard registration
Organisation type:
Charitable company
Other names:
  • LUMOS (Working name)
  • CHILDREN'S HIGH LEVEL GROUP (Previous name)
Company number:
05611912 Open in new window
Gift aid:
Recognised by HMRC for gift aid
Other regulators:
No information available
Policies:
  • Bullying and harassment policy and procedures
  • Complaints handling
  • Complaints policy and procedures
  • Conflicting interests
  • Engaging external speakers at charity events policy and procedures
  • Financial reserves policy and procedures
  • Internal charity financial controls policy and procedures
  • Internal risk management policy and procedures
  • Investing charity funds policy and procedures
  • Investment
  • Paying staff
  • Risk management
  • Safeguarding policy and procedures
  • Safeguarding vulnerable beneficiaries
  • Serious incident reporting policy and procedures
  • Trustee conflicts of interest policy and procedures
  • Trustee expenses policy and procedures
  • Volunteer management
Land and property:
This charity owns and/or leases land or property

Trustees

Trustees are the people responsible for controlling the work, management and administration of the charity on behalf of its beneficiaries. Generally trustees are treasurer, chair, board member etc. The trustees are responsible for keeping this list up to date and can do this by updating their details as they happen through the online service

8 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
Kenneth Ian Towle Chair 19 January 2025
None on record
Elizabeth Lule Trustee 12 February 2025
None on record
Rosanna Burcheri Trustee 12 February 2025
None on record
Neal Gandhi Trustee 28 September 2023
None on record
USMAN ALI Trustee 29 September 2022
None on record
Dr Doreen Mulenga Trustee 06 October 2021
None on record
Neena Gill Trustee 20 April 2020
None on record
Nitin Pasricha Trustee 08 April 2020
SUSSEX WILDLIFE TRUST
Received: On time
CHICHESTER FESTIVAL THEATRE
Received: On time

Financial history

" role="img"> Text alternative for this canvas graphic is in the data table below.

Financial period end date

Income / Expenditure 31/12/2019 31/12/2020 31/12/2021 31/12/2022 31/12/2023
Total gross income £9.73m £5.52m £4.94m £7.15m £7.89m
Total expenditure £12.76m £9.93m £8.18m £7.41m £4.96m
Income from government contracts N/A N/A N/A N/A N/A
Income from government grants N/A N/A N/A N/A N/A
Income - Donations and legacies £6.94m £1.01m £1.18m £2.97m £3.70m
Income - Other trading activities £0 £0 £172.53k £230.35k £63.37k
Income - Charitable activities £5.49k £25.91k £18.61k £50.96k £12.76k
Income - Endowments £0 £0 £0 £0 £0
Income - Investment £215.05k £98.87k £34.97k £21.37k £71.73k
Income - Other £2.58m £4.39m £3.54m £3.88m £4.04m
Income - Legacies £10.00k £0 £0 £0 £0
Expenditure - Charitable activities £10.44m £8.14m £6.61m £5.96m £3.39m
Expenditure - Raising funds £2.31m £1.79m £1.58m £1.45m £1.58m
Expenditure - Governance £93.38k £109.76k £84.67k £80.12k £120.22k
Expenditure - Grants institution £963.00k £706.01k £1.12m £570.92k £6.78k
Expenditure - Investment management £48.62k £29.63k £14.28k £5.24k £5.08k
Expenditure - Other £0 £0 £0 £0 £0

Assets and liabilities

Definitions for assets and liabilities
Own use assets

These are assets, other than investments, which are held for more than 12 months and used to run and administer the charity such as buildings, offices, exhibits and fixtures and fittings.

Long term Investments

Investments are assets held by the charity with the sole aim of generating income which will be used for their charitable purposes such as deposit accounts, shares, rental property and unit trusts.
Investment assets are re-valued every year and included in the balance sheet at their current market value.
Long term investments are held for more than 12 months.

Other assets

These are assets held generally for less than 12 months such as cash and bank balances, debtors, investments to be sold within the coming year and trading stock.

Defined benefit pension scheme asset or liability

This is a surplus or deficit in any defined benefit pension scheme operated and represents a potential long-term asset or liability.

Total liabilities

These are all the amounts owed by the charity at the balance sheet date to third parties such as bills due but not yet paid, bank overdrafts and loans and mortgages.

" role="img"> Text alternative for this canvas graphic is in the data table below.
Asset / Liability 31/12/2019 31/12/2020 31/12/2021 31/12/2022 31/12/2023
Own use assets £1.36m £1.14m £297.38k £147.65k £154.01k
Long-term investments £4.28m £1.54m £1.65m £566.66k £598.79k
Other assets £7.01m £5.34m £2.44m £4.00m £5.97m
Defined benefit pension scheme asset or liability £0 £0 £0 £0 £0
Total liabilities £1.14m £1.29m £775.66k £1.17m £412.53k

Accounts and annual returns

This table shows the charity's record of submitting annual returns, accounts and trustees' annual report (TAR) for the last five financial periods.
Title Reporting year Date received Received Download
Annual return 31 December 2023 30 October 2024 On Time
Accounts and TAR 31 December 2023 30 October 2024 On Time Download Open in new window
Annual return 31 December 2022 21 October 2023 On Time
Accounts and TAR 31 December 2022 21 October 2023 On Time Download Open in new window
Annual return 31 December 2021 28 October 2022 On Time
Accounts and TAR 31 December 2021 28 October 2022 On Time Download Open in new window
Annual return 31 December 2020 02 September 2021 On Time
Accounts and TAR 31 December 2020 02 September 2021 On Time Download Open in new window
Annual return 31 December 2019 21 October 2020 On Time
Accounts and TAR 31 December 2019 21 October 2020 On Time Download Open in new window
Submit annual return Open in new window

Governing document

Details of the type of governing document the charity has and when it was established.
It is not the full text of the charity's governing document.

MEMORANDUM AND ARTICLES OF ASSOCIATION INCORPORATED 3 NOVEMBER 2005 AS AMENDED BY WRITTEN RESOLUTION DATED 16 DECEMBER 2005 AND AS AMENDED BY CERTIFICATE OF INCORPORATION ON CHANGE OF NAME DATED 23 FEBRUARY 2010 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 03/02/2016 as amended on 14 Dec 2021

Charitable objects

3.1 THE RELIEF OF POVERTY AND SICKNESS, THE PROMOTION OF EDUCATION, THE PROMOTION OF CHILD HEALTH AND DEVELOPMENT, AND THE PREVENTION OF CRUELTY TO OR MALTREATMENT OF CHILDREN IN ANY PART OF THE WORLD; AND 3.2 SUCH OTHER EXCLUSIVELY CHARITABLE OBJECTS AS THE TRUSTEES OF THE CHARITY MAY IN THEIR ABSOLUTE DISCRETION DETERMINE.

Area of benefit

The area the charity can operate in, as set out in its governing document.

ANY PART OF THE WORLD

Contact information

Address:
Lumos Foundation
3 - 7 Temple Chambers
London
EC4Y 0DA
Phone:
07815 980928
Email:
info@wearelumos.org
Website:

www.wearelumos.org Open in new window