REECE FAMILY TRUST

1. REECE FAMILY TRUST 2026-04-24 → present
2. LGA FOUNDATION 2017-02-25 → 2026-04-24
3. SPRINGFIELD HOUSE (REECE) TRUST 2010-11-09 → 2017-02-25

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

UNW LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“After considering the above and making appropriate enquiries, the trustees have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements.”

Significant events

• “The Foundation has continued to pursue the woodland creation project during the year, for which funds were designated in 2022 (see note 11). Significant progress has been made on planning design and application for necessary consents and the trustees look forward to seeing tree planting get underway in the forthcoming year.”
• “The trustees continue to support Footsteps Children's Services through donations towards their delivery of 1 to 1 SEN to young children in their Dolphin Street nursery premises in Benwell. A significant grant has been pledged to Footsteps to enable it to develop, refurbish and extend its current building so as to improve the services they provide to beneficiaries.”
• “The trustees held discussions during the year with Ali, Lauren and Greg Reece (the adult children of John and Sue Reece) with a view to increasing their involvement in the Foundation's activities in terms of contributing to its funds as well as identifying potential areas of work and specific grantees they would like the Foundation to explore. This resulted in the receipt by the Foundation of an additional £310,000 as well as interesting discussion on its future direction and priorities.”
• “The applications portal on the website was closed Jan-24 after funds were allocated to end-FY23/24. It was agreed to manage expectations and reduce administration; the portal would remain closed. Trustees agreed to explore projects already identified and of interest inviting to apply if funding was available within budget.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

7

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  +50.3%

  £1,250,000 → £1,878,750

• Cash

  +565.7%

  £221,996 → £1,477,762

• Net assets

  +18.3%

  £7,573,636 → £8,959,654

• Employees

  —

  Not reported

• Profit before tax

  +54.1%

  £1,006,774 → £1,551,808

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers