LENCH'S TRUST

• ◆

  5 PSCs ceased in last 24 months

  Significant control changed hands — see the Ownership section.

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

Forvis Mazars LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Under the governance requirements, the Trustees confirm that after making enquiries they have a reasonable expectation that the Trust has adequate resources to continue in operational existence for the foreseeable future. Accordingly, they continue to adopt the going concern basis in preparing the accounts.”

Significant events

• “Our previous 5-year capital programme... has been put on hold due to the cost of the developments...”
• “started planning for two developments... Lench's Close we are looking to add an additional 6 units...”
• “William Lench Court, we are reviewing how feasible it would be to create a Scheme that includes Eco-Pods...”
• “successfully completed work on our first co-living space, Marion's Place...”
• “finalised initial plans for an Eco Pods Scheme at William Lench Court...”
• “expanded our property portfolio with the purchase of the Midland Heart Property adjoining Lancaster Gate.”
• “decided to put the Conybere Gardens refurbishment on hold and have successful extended the lease with St Basil's.”
• “One of the most exciting milestones ahead is our 500-year anniversary, a remarkable achievement that few organisations can claim.”

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

Filings

16

last 12 months

Capital events

0

last 24 months

Officers appointed

5

last 12 months

Officers resigned

2

last 12 months

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

• Turnover

  +14.1%

  £2,672,448 → £3,048,869

• Cash

  -93.1%

  £1,839,674 → £126,807

• Net assets

  +1%

  £28,202,864 → £28,471,968

• Employees

  +2.6%

  38 → 39

• Operating profit

  +110.7%

  -£28,947 → £3,109

• Wages

  +7.8%

  £1,095,610 → £1,181,189

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