Lench's Trust

Financial Year starting	Financial Year ending	Income	Total Expenditure	Charitable Expenditure
01-Jan-2017	31-Dec-2017	£2,565,531	£2,137,744	£2,120,824
01-Jan-2018	31-Dec-2018	£2,283,203	£2,211,717	£2,181,138
01-Jan-2019	31-Dec-2019	£2,525,836	£2,447,437	£2,447,437
01-Jan-2020	31-Dec-2020	£2,313,018	£2,307,185	£2,307,185
01-Jan-2021	31-Dec-2021	£2,581,049	£2,362,980	£2,261,039

Financial Year starting	Financial Year ending	Total Income	Voluntary Income	Legacy Income	Endowment Income	Charitable Activity Income	Investment Income	Trading Income	Other Income
01-Jan-2017	31-Dec-2017	£2,565,531	£0	£0	£0	£0	£289,185	£1,987,956	£288,390
01-Jan-2018	31-Dec-2018	£2,283,203	£0	£0	£0	£0	£240,056	£2,043,147	£0
01-Jan-2019	31-Dec-2019	£2,525,836	£312	£0	£0	£0	£394,785	£2,089,328	£41,411
01-Jan-2020	31-Dec-2020	£2,313,018	£15	£0	£15	£0	£222,263	£2,055,978	£34,777
01-Jan-2021	31-Dec-2021	£2,581,049	£0	£0	£0	£0	£282,085	£2,084,551	£214,413

"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. 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."

Financial Year starting	Financial Year ending	Total Expenditure	Investment Management Costs	Grants to Institutions	Charitable Activities Costs	Governance Costs	Other Costs	Support Costs	Depreciation	Fundraising
01-Jan-2017	31-Dec-2017	£2,137,744	£16,920	£0	£2,120,824	£9,020	£0	£693,599	£393,049	£16,920
01-Jan-2018	31-Dec-2018	£2,211,717	£30,579	£0	£2,181,138	£9,300	£0	£383,205	£402,169	£30,579
01-Jan-2019	31-Dec-2019	£2,447,437	£0	£0	£2,447,437	£9,600	£0	£747,264	£391,287	£0
01-Jan-2020	31-Dec-2020	£2,307,185	£0	£0	£2,307,185	£0	£0	£839,478	£426,734	£0
01-Jan-2021	31-Dec-2021	£2,362,980	£91,891	£0	£2,261,039	£10,050	£10,050	£791,254	£436,339	£91,891

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