Louis Nicholas Residuary Charitable Trust

Analysis

Louis Nicholas Residuary Charitable Trust is a registered charity in England and Wales, based in Wirral. It was registered in March 2017, 9 years ago. Its declared purposes cover general charitable purposes, which this site groups under grant-making and general purposes. It says it makes grants to organisations.

In the financial year ending April 2025, Louis Nicholas Residuary Charitable Trust reported income of £994k and spending of £1.2m, spending 117% of what it took in. Across the 5 years on record, from April 2021 to April 2025, income grew from £854k to £994k (+16%), an average of +3.9% a year. Over the whole period it spent 106% of the income it received.

Among 5,976 England and Wales charities whose main cause is grant-making and general purposes and that reported income, Louis Nicholas Residuary Charitable Trust sits at the 95th percentile: it is larger than about 95% of them. Against every charity in England and Wales with reported income it ranks in the 94th percentile. Charities of a similar size with the same main cause include The City of London Charities Pool (£985k), A Million Realities Foundation (£1.0m) and Sefton Park Palm House Preservation Trust (£981k).

In its latest detailed accounts, income came from investments 100%. Charitable activities took 94% of spending and raising funds 0.0%. Grants to other organisations totalled £1.1m. Reserves of £15.9m would cover about 153 months of spending at that rate.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.