Finance Score: 2

Governance Score: -1

Support Score: 0

Strong growth: +2

12+ Trustees: -1

No supporters identified

Overall GiG Score: 1

THE MAGDALEN AND LASHER CHARITY

The charity has three objects, namely:1. To pay pensions to elderly necessitious residents of Hastings2. To manage Old Hastings House3. To provide for the relief of need

Analysis by Giving is Great

Positives:

This charity has an endowment fund which generates all of its income
There has been strong growth in spending over the last 5 years

Regulatory & Governance issues to consider:

There are 14 trustees whereas the Charities Commission recommends a maximum of 12

Financial Data ?

Income & Spending ?

Sources of Income ?

Y/E		Income £k	Spending £k	Surplus/ Deficit	Fundraising Cost £k	Total Funds £k	Unrestricted Funds £k	Mths Rsrvs	Staff
31/03/23	*	£529	£937	£-408	£0	£15,671	£15,671	200.7	0
31/03/22		£518	£595	£-77	£0	£16,473	£16,473	332.3	0
31/03/21		£515	£385	£130	£0	£15,682	£15,682	488.4	0
31/03/20		£477	£370	£107	n/a	n/a	n/a	n/a	n/a
31/03/19		£477	£430	£47	n/a	n/a	n/a	n/a	n/a
31/03/18		£463	£415	£49	£0	£0	£0	n/a	0
31/03/17		£414	£310	£104	£0	£0	£0	n/a	0
31/03/16		£410	£282	£128	£0	£0	£0	n/a	0
31/03/15		£1,907	£1,749	£158	£17	£14,609	£14,529	99.7	45
31/03/14		£1,883	£1,706	£177	£14	£13,432	£13,360	94	45
31/03/13		£1,826	£1,570	£256	£9	£12,750	£12,681	96.9	43
31/03/12		£1,544	£1,418	£126	£9	£11,887	£11,826	100	40
31/03/11		£1,384	£1,268	£116	£9	£11,766	£11,706	110.8	30
31/03/10		£1,163	£1,123	£40	£10	£11,130	£10,685	114.2	30
31/03/09		£1,233	£1,068	£165	£784	£10,015	£9,661	108.5	30
31/03/08		£1,165	£993	£172	£17	£11,365	£10,927	132.1	37
31/03/07		£1,034	£984	£50	£14	£11,542	£11,086	135.2	45
31/03/06		£995	£866	£129	£0	£0	£0	n/a	0
31/03/05	*	£949	£826	£122	£0	£0	£0	n/a	0
31/03/04	*	£878	£815	£62	£0	£0	£0	n/a	0

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Financial Ratios

Fundraising Costs/Relevant Income: 0%
Fundraising Costs/Total Spending: 0%
Highest pay band: Less than £60,000
Liabilities/Assets: 0%
Liabilities/Income: 1%
Unrestricted Funds/Total Funds: 100%
Reserves/Spending: 200.7 months
Net Current Assets/Spending: 3 months
Quick Ratio: 29.8

Asset Split ?

Established: 62 years

www.magdalenandlasher.co.uk

admin@oldhastingshouse.co.uk

01424452646

Charity Commission for England and Wales

Listed activities

The Prevention Or Relief Of Poverty

GiG Classification

Philanthropic intermediaries and voluntarism promotion

How it operates

Makes Grants to Individuals
Makes Grants to Organisations

Where it operates

East Sussex,

Who it helps

Elderly/Old People
Other Charities Or Voluntary Bodies

Who's supporting them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (14)

Current Trustees appointed

Gender Split

ANN WING Appointed: 2013, Other trusteeships: MAGDALEN AND LASHER EDUCATIONAL FOUNDATION, THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIATICAL PARISH OF SAINT CLEMENT AND ALL SAINTS HASTINGS., MAGDALEN & LASHER CHARITY - OLD HASTINGS HOUSE, CHARITABLE INCORPORATED ORGANISATION,

CLIVE GALBRAITH (Chair) Appointed: 2012, Other trusteeships: MAGDALEN AND LASHER EDUCATIONAL FOUNDATION, MAGDALEN & LASHER CHARITY - OLD HASTINGS HOUSE, CHARITABLE INCORPORATED ORGANISATION,

CLLR JAMES BACON Appointed: 2016, Other trusteeships: MAGDALEN AND LASHER EDUCATIONAL FOUNDATION, MAGDALEN & LASHER CHARITY - OLD HASTINGS HOUSE, CHARITABLE INCORPORATED ORGANISATION,

CLLR PETER PRAGNELL Appointed: 2022, Other trusteeships: MAGDALEN AND LASHER EDUCATIONAL FOUNDATION, MAGDALEN & LASHER CHARITY - OLD HASTINGS HOUSE, CHARITABLE INCORPORATED ORGANISATION,

GARETH NICHOLAS BENDON, Other trusteeships: MAGDALEN AND LASHER EDUCATIONAL FOUNDATION, THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIATICAL PARISH OF SAINT CLEMENT AND ALL SAINTS HASTINGS.,

IAN MICHAEL STEEL, Other trusteeships: THE WILLIAM SHADWELL CHARITY, MAGDALEN AND LASHER EDUCATIONAL FOUNDATION, CHRISTIANS AT TELHAM, MAGDALEN & LASHER CHARITY - OLD HASTINGS HOUSE, CHARITABLE INCORPORATED ORGANISATION,

IAN GALLAGHER Appointed: 2022, Other trusteeships: MAGDALEN AND LASHER EDUCATIONAL FOUNDATION, MAGDALEN & LASHER CHARITY - OLD HASTINGS HOUSE, CHARITABLE INCORPORATED ORGANISATION,

JUDITH ANN ROGERS Appointed: 2022, Other trusteeships: MAGDALEN AND LASHER EDUCATIONAL FOUNDATION, THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIATICAL PARISH OF SAINT CLEMENT AND ALL SAINTS HASTINGS., MAGDALEN & LASHER CHARITY - OLD HASTINGS HOUSE, CHARITABLE INCORPORATED ORGANISATION,

JOHN HENRY BILSBY Appointed: 2020, Other trusteeships: MAGDALEN AND LASHER EDUCATIONAL FOUNDATION, MAGDALEN & LASHER CHARITY - OLD HASTINGS HOUSE, CHARITABLE INCORPORATED ORGANISATION,

JUDITH HELEN CUBISON Appointed: 2021, Other trusteeships: OLD HASTINGS PRESERVATION SOCIETY LIMITED, MAGDALEN & LASHER CHARITY - OLD HASTINGS HOUSE, CHARITABLE INCORPORATED ORGANISATION,

KEITH STUART DONALDSON, Other trusteeship: MAGDALEN AND LASHER EDUCATIONAL FOUNDATION,

MICHAEL JABEZ FOSTER, Other trusteeships: MAGDALEN AND LASHER EDUCATIONAL FOUNDATION, THE FAIRLIGHT ARTS TRUST,

MARK ANDREW BOLES Appointed: 2022, Other trusteeship: MAGDALEN AND LASHER EDUCATIONAL FOUNDATION,

SUE PHILLIPS, Other trusteeship: MAGDALEN AND LASHER EDUCATIONAL FOUNDATION,

Legal constitution

Charity registered in England & Wales on 06/11/1962, number: 211415

Gift Aid

NOT registered with HMRC for Gift Aid

Other Regulators

Care Quality Commission

Policies in force

Bullying and harassment policy and procedures
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
Risk management
Serious incident reporting policy and procedures
Trustee conflicts of interest policy and procedures
Trustee expenses policy and procedures

Filing Record

20 returns made; AR23: 85 days late, AR05: 1 days late, AR04: 1 days late,

Main office

The Magdalen & Lasher Charity
Old Hastings House
132 High Street
HASTINGS
East Sussex
TN34 3ET

Objectives

THE OBJECT OF THE CHARITY IS THE PREVENTION AND RELIEF OF POVERTY AND THE RELIEF OF OLD AGE AMONG BENEFICIARIES BY THE PROVISION OF FINANCIAL ASSISTANCE OR MATERIAL HELP (INCLUDING THE SUPPORT OF OTHER CHARITIES ENGAGED IN SIMILAR WORK IN HASTINGS).

Defined Area of Benefit:

IN OR NEAR THE BOROUGH OF HASTINGS.

Data Sources