LENCH'S TRUST

Charity number: 1145847
Charity reporting is up to date (on time)

Charity overview

Activities - how the charity spends its money

Lench's Trust is an Almshouse Charity, providing care and quality homes to people over the age of 55 in need, in and around Birmingham, attempting to reduce social isolation within this demographic and creating communities within our Schemes.

Income and expenditure

Data for financial year ending 31 December 2023

Total income:
£3,048,426

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Donations and legacies £0
Charitable activities £2.41m
Other trading activities £0
Investments £464.66k
Other £176.57k

Total expenditure:
£2,831,757

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Raising funds £27.81k
Charitable activities £2.80m
Other £0

£188,488 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 £27.81k
Charitable expenditure £2.80m
Retained for future use £216.67k

People

38 Employee(s)

11 Trustee(s)

3 Volunteer(s)

Employees with total benefits over £60,000

No employees have total benefits over £60k for this charity

Fundraising

No information available

Trading

This charity does not have any trading subsidiaries.

Trustee payments

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

What, who, how, where

What the charity does:
  • The Advancement Of Health Or Saving Of Lives
  • The Prevention Or Relief Of Poverty
  • Accommodation/housing
  • Other Charitable Purposes
Who the charity helps:
  • Elderly/old People
How the charity helps:
  • Provides Buildings/facilities/open Space
  • Provides Services
Where the charity operates:
  • Birmingham City

Governance

Registration history:
  • 21 June 1963: Standard registration
Organisation type:
Charitable company
Other names:

No other names

Company number:
07860164 Open in new window
Gift aid:
Not recognised by HMRC for gift aid
Other regulators:
  • Care Quality Commission
  • Homes England
Policies:
  • Bullying and harassment policy and procedures
  • Complaints handling
  • Complaints policy and procedures
  • Conflicting interests
  • 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
  • Social media 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

11 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
Louise Teboul Trustee 19 June 2025
None on record
Monica Mateo-Garcia Trustee 19 June 2025
None on record
Guy Chaundy Trustee 19 June 2025
None on record
MATTHEW LAKE Trustee 19 June 2025
None on record
Fungayi George Mandonga Trustee 20 June 2024
None on record
Inderpal Singh Lotay Trustee 14 December 2023
None on record
Kamaljit Kaur Takhar Trustee 14 December 2023
None on record
RICHARD MOXON Trustee 19 May 2022
RICHARD KILCUPPE (OTHERWISE FIELD) CHARITY
Received: On time
Alison White Trustee 19 May 2022
None on record
Mohammed Abdul Malik Trustee 12 December 2019
The Family Trust
Received: On time
Ruth Evans Trustee 14 September 2017
None on record

Financial history

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Financial period end date

Income / Expenditure 31/12/2019 31/12/2020 31/12/2021 31/12/2022 31/12/2023
Total gross income £2.53m £2.31m £2.58m £2.63m £3.05m
Total expenditure £2.45m £2.31m £2.36m £2.52m £2.83m
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 £312 £15 £0 £0 £0
Income - Other trading activities £0 £0 £0 £0 £0
Income - Charitable activities £2.09m £2.06m £2.08m £2.26m £2.41m
Income - Endowments £0 £15 £0 £0 £0
Income - Investment £394.79k £222.26k £282.08k £328.08k £464.66k
Income - Other £41.41k £34.78k £214.41k £43.82k £176.57k
Income - Legacies £0 £0 £0 £0 £0
Expenditure - Charitable activities £2.45m £2.31m £2.26m £2.50m £2.80m
Expenditure - Raising funds £0 £0 £91.89k £0 £27.81k
Expenditure - Governance £9.60k £0 £10.05k £12.25k £12.25k
Expenditure - Grants institution £0 £0 £0 £0 £0
Expenditure - Investment management £0 £0 £91.89k £0 £27.81k
Expenditure - Other £0 £0 £10.05k £26.58k £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.

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Asset / Liability 31/12/2019 31/12/2020 31/12/2021 31/12/2022 31/12/2023
Own use assets £15.73m £15.82m £15.53m £16.23m £16.46m
Long-term investments £14.45m £14.60m £15.06m £15.19m £15.22m
Other assets £7.47m £6.69m £6.35m £5.65m £4.42m
Defined benefit pension scheme asset or liability £0 £0 £0 £0 £0
Total liabilities £10.30m £9.71m £9.09m £9.07m £7.91m

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 16 July 2024 On time
Accounts and TAR 31 December 2023 16 July 2024 On time Download Open in new window
Annual return 31 December 2022 27 July 2023 On time
Accounts and TAR 31 December 2022 27 July 2023 On time Download Open in new window
Annual return 31 December 2021 24 August 2022 On time
Accounts and TAR 31 December 2021 24 August 2022 On time Download Open in new window
Annual return 31 December 2020 13 September 2021 On time
Accounts and TAR 31 December 2020 13 September 2021 On time Download Open in new window
Annual return 31 December 2019 03 September 2020 On time
Accounts and TAR 31 December 2019 03 September 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 INCORPORATED 24/11/2011 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 16/10/2014

Charitable objects

THE CHARITYS OBJECTS ("OBJECTS") ARE SPECIFICALLY RESTRICTED TO THE FOLLOWING: (A) THE PROVISION AND MAINTENANCE OF ALMSHOUSES OR SUCH OTHER PROPERTY APPROPRIATE TO THE NEEDS OF PERSONS IN NECESSITOUS CIRCUMSTANCES WHO ARE INHABITANTS OF THE CITY OF BIRMINGHAM AND ITS IMMEDIATE ENVIRONS OR PERSONS WHO SHALL THROUGH AGE OR OTHERWISE FIND THEMSELVES IN NECESSITOUS CIRCUMSTANCES AS A RESULT OF WHICH THEY HAVE BECOME UNABLE TO AFFORD TO CONTINUE TO LIVE IN AND MAINTAIN THEIR CURRENT RESIDENCES, OR WHO ALTHOUGH THEY HAVE SIGNIFICANT CAPITAL ASSETS ARE THROUGH LACK OF INCOME IN NECESSITOUS CIRCUMSTANCES, PROVIDED ALWAYS THAT THEY SHALL BE RESIDENTS OF THE CITY OF BIRMINGHAM AND ITS IMMEDIATE ENVIRONS; (B) TO RELIEVE THE ELDERLY AND POOR IN ANY WAY DEEMED CHARITABLE ACCORDING TO LAW, AND PROVIDED ALWAYS THAT THEY SHALL BE RESIDENTS OF THE CITY OF BIRMINGHAM AND ITS IMMEDIATE ENVIRONS. WITHOUT PREJUDICE TO THE GENERALITY OF THE FORGOING SUCH RELIEF MAY BE PROVIDED BY THE PROVISION OF HOME CARE FOR ELDERLY PEOPLE AND SUCH OTHER SUPPORT AS THE TRUSTEES SHALL DEEM APPROPRIATE BOTH WITHIN A CLIENTS HOME AND OTHERWISE INCLUDING THE MAKING OF CASH PAYMENTS TO PEOPLE IN NECESSITOUS CIRCUMSTANCES AND, IN PARTICULAR, RELATING TO HOUSING NEEDS. (C) A PERSON WHO QUALIFIES UNDER ARTICLE 4(A) ABOVE BUT WHO IS TO ENTER INTO AN EQUITY SHARING ARRANGEMENT WITH THE CHARITY WHEREBY THEY MAY PURCHASE UP TO A 75% SHARE IN A UNIT AS A QUALIFYING BENEFICIARY: (I) SHALL AT ALL TIMES AFFORD THE CHARITY THE FIRST OPTION TO RE-PURCHASE WHATEVER SHARE IN A UNIT HE OR SHE SHALL HAVE PURCHASED BY WAY OF EQUITY; (II) SHALL BE A QUALIFYING BENEFICIARY BY VIRTUE OF CLAUSE 4(A) ABOVE; (III) SHALL NOT ALLOW ANY OTHER PERSON TO OCCUPY OR SHARE THE ACCOMMODATION AND SHALL NOT TRANSFER HIS OR HER LEGAL INTEREST IN THE UNIT CONCERNED TO ANY THIRD PARTY WHETHER IN WHOLE OR IN PART; (IV) SHALL BEAR HIS OR HER OWN COSTS IN RELATION TO THE ACQUISITION AND DISPOSAL OF ANY INTEREST IN THE UNIT.

Linked charities

Linked charities
Linked charity 1145847-1 LENCH'S TRUST
Governing document
SCHEME DATED 21/03/2012
Charitable objects
THE OBJECTS OF THE CHARITY ARE FOR THE PUBLIC BENEFIT: (A) THE RELIEF OF POVERTY BY THE PROVISION OF HOUSING ACCOMMODATION FOR BENEFICIARIES IN ACCORDANCE WITH CLAUSES 10 TO 17 OF THE SCHEME; (B) SUCH CHARITABLE PURPOSES FOR THE BENEFIT OF THE RESIDENTS AS THE TRUSTEE DECIDES; AND (C) THE RELIEF OF POVERTY OF BENEFICIARIES IN ACCORDANCE WITH CLAUSE 5 OF THE SCHEME. SUBJECT TO THE PROVISIONS OF CLAUSE 6 AND 17 OF THE SCHEME, THE LAND IDENTIFIED IN THE SCHEDULE TO THE SCHEME MUST BE RETAINED BY THE TRUSTEE FOR USE FOR HOUSING ACCOMMODATION FOR BENEFICIARIES.
Area of benefit
CITY OF BIRMINGHAM
Registration history
  • 21 June 1963 : Standard registration

Contact information

Address:
WILLIAM LENCH COURT
80 RIDGACRE ROAD
QUINTON
BIRMINGHAM
B32 2AQ
Phone:
01214260455
Email:
info@lenchs-trust.co.uk
Website:

www.lenchs-trust.co.uk Open in new window