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home >> charity search >> magdalen and lasher educational foundation
Finance Score: 0
Governance Score: -1
Support Score: 0
  • No PartB
  • 12+ Trustees: -1
  • No supporters identified
Overall GiG Score: -1 ?

MAGDALEN AND LASHER EDUCATIONAL FOUNDATION 

To provide various means of educational financial assistance to persons under the age of 25 who are residents of the Borough of Hastings or who have attended schools in the Borough for more than 2 years.
Analysis by Giving is Great

Positives:

  • There have been no material income shortfalls in recent years

Regulatory & Governance issues to consider:

  • There are 15 trustees whereas the Charities Commission recommends a maximum of 12

Financial issues to consider:

  • A PartB annual return has not been required and so detailed financial information is not available from the online data
miles

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 Volun-
teers
31/03/23£277£226£51n/an/an/an/an/a0
31/03/22£271£223£48n/an/an/an/an/a0
31/03/21£260£156£105n/an/an/an/an/a0
31/03/20£185£169£15n/an/an/an/an/a0
31/03/19£181£226£-45n/an/an/an/an/a0
31/03/18£181£172£8£0£0£0n/a00
31/03/17£175£166£9£0£0£0n/a00
31/03/16£175£152£23£0£0£0n/a00
31/03/15£169£120£50£0£0£0n/a00
31/03/14£260£168£92£0£0£0n/a00
31/03/13£160£182£-22£0£0£0n/a00
31/03/12£176£177£-1£0£0£0n/a00
31/03/11£314£161£153£0£0£0n/a00
31/03/10£134£129£5£0£0£0n/a00
31/03/09£105£85£20£0£0£0n/a00
31/03/08£120£105£14£0£0£0n/a00
31/03/07£116£86£30£0£0£0n/a00
31/03/06£127£72£54£0£0£0n/a00
31/03/05£85£93£-8£0£0£0n/a00
31/03/04*£95£81£14£0£0£0n/a00
Show more rows -->

Download accounts
Highest pay bracket: less than £60,000
Established: 62 years

magdalenandlasher.co.uk

mlc@oldhastingshouse.co.uk

01424452646

Charity Commission for England and Wales
UN SDGs
?
Listed activities
  • Education/Training
GiG Classification
  • Grant-making foundations
How it operates
  • Makes Grants to Individuals
  • Makes Grants to Organisations
Where it operates
  • East Sussex,
Who it helps
  • Children/Young People
  • Other Charities Or Voluntary Bodies

Who's supporting them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (15)
Current Trustees appointed
Gender Split

Legal constitution
  • Charity registered in England & Wales on 06/11/1962, number: 306969
Gift Aid
  • NOT registered with HMRC for Gift Aid
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
  • Safeguarding policy and procedures
  • Serious incident reporting policy and procedures
  • Trustee conflicts of interest policy and procedures
  • Trustee expenses policy and procedures
Filing Record
20 returns made; AR04: 1 days late,
Recent reorganisation events:
  • Asset transfer in from THE WILLIAM PARKER FOUNDATION on 30/06/2020
Main office

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

Objectives

THE PROPERTY DESCRIBED IN PART 1 THE SCHEDULE TO THIS SCHEME MUST BE USED FOR THE PURPOSE OF A SCHOOL WITHIN THE MEANING OF THE EDUCATION ACTS (INCLUDING AN ACADEMY) AND RELIGIOUS INSTRUCTION IN ACCORDANCE WITH THE PRINCIPLES OF THE CHRISTIAN FAITH SHALL BE GIVEN IN THE SCHOOL.AFTER PAYMENT OF ANY EXPENSES OF ADMINISTRATION, THE TRUSTEES SHALL APPLY THE NET YEARLY INCOME OF THE CHARITY AS THEY THINK FIT IN PROVIDING SUCH SPECIAL BENEFITS OF ANY KIND FOR THE SCHOOL AS THE TRUSTEES DECIDE; ANDTHE PROVISION OF ASSISTANCE FOR HIGHER EDUCATION BY MEANS OF SCHOLARSHIPS, BUSINESS, OR MAINTENANCE ALLOWANCES TENABLE AT ANY PLACE OF HIGHER EDUCATION OR FINANCIAL ASSISTANCE TO ENABLE BENEFICIARIES TO PREPARE FOR, OR TO ENTER, A PROFESSION, TRADE OR CALLING.THE AWARD OF SCHOLARSHIPS OR MAINTENANCE ALLOWANCES TO ENABLE BENEFICIARIES TO TRAVEL ABROAD TO PURSUE THEIR EDUCATION.FINANCIAL ASSISTANCE TO ENABLE BENEFICIARIES TO STUDY MUSIC OR OTHER ARTS.IN OTHERWISE PROMOTING THE EDUCATION OF BENEFICIARIES.

Defined Area of Benefit:

COUNTY BOROUGH OF HASTINGS

Data Sources

Charity Commission for England and Wales
CharityBase
Authorised officials of this charity can add information to this page (including a Donate Now button) for no cost

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