Lindisfarne Proprietors Trust Board — Education Charity in Hastings
Lindisfarne Proprietors Trust Board is a Charitable Trust charity in the Education sector, based in Hastings, Hastings. Annual revenue: $11.6M NZD. 1 red flag detected. Financial data as at December 2024.
Mission: The trust was established to carry out every charitable purpose in New Zealand whether relating to the advancement of education, the advancement of religion, or any other purpose beneficial to the community.
- Registration Number
- CC37498
- Charity Type
- Charitable Trust
- Registration Date
- 2009-02-08
- Status
- Active
- Sector
- Education
- Location
- Hastings, Hastings
- bursar@lindisfarne.school.nz
- Data as at
- December 2024
Beneficiaries: Children / young people, Religious groups
Financial Summary
- Total Revenue
- $11.6M NZD
- Total Expenses
- $11.3M NZD
- Total Assets
- $29.6M NZD
- Net Assets
- $20.2M NZD
- Reserve Months
- 0.0 months of operating expenses
- Staff Count
- 48
- Volunteers
- 0
- Financial Year End
- 2024-12-31
Financial History
| Year | Revenue | Expenses | Net Assets |
|---|---|---|---|
| 2024 | $11.6M | $11.3M | $20.2M |
| 2023 | $10.9M | $10.2M | $19.6M |
| 2022 | $10.1M | $9.0M | $18.8M |
| 2021 | $8.8M | $8.6M | $17.7M |
| 2020 | $9.1M | $8.6M | $17.4M |
| 2019 | $9.0M | $8.4M | $16.8M |
| 2018 | $8.3M | $7.9M | $15.9M |
| 2017 | $7.7M | $7.5M | $15.5M |
| 2016 | $7.3M | $7.2M | $15.1M |
| 2015 | $7.3M | $6.9M | $14.6M |
Board Members and Officers
Current Officers (6)
| Name | Role | Appointed |
|---|---|---|
| Stephen Lindsay | Trustee | 2026-03-26 |
| Michael Knobloch | Trustee | 2023-01-01 |
| Gretchen Stone | Trustee | 2023-01-01 |
| Sharon Mary Wards | Trustee | 2019-08-22 |
| Barry Law | Secretary | 2013-08-01 |
| James Syme | Trustee | 2008-03-03 |
Former Officers (5)
- Jacqueline Stafford — Trustee (departed 2025-10-09)
- Jillian McDonald — Trustee (departed 2025-10-09)
- Adrian SKELTON — Trustee (departed 2022-12-31)
- Nolan Martin — Trustee (departed 2011-09-30)
- John Wakeman — Trustee (departed 2025-02-15)
Executive Compensation
| Name | Role | Compensation | Year |
|---|---|---|---|
| Key Management Personnel (aggregate) | General Manager of Operations and Chief Financial Controller | $79,816 | 2024 |
| Key Management Personnel (aggregate) | General Manager of Operations and Chief Financial Controller | $79,816 | - |
| Board/Trustees (unpaid) | Board of Trustees | $0 | 2024 |
| Board/Trustees (unpaid) | Board of Trustees | $0 | - |
| Mrs J Stafford | Trustee | - | 2024 |
| Mrs S Wards | Trustee | - | 2024 |
| Mr M Knobloch | Trustee | - | 2024 |
| Shaun Brown | Partner | - | 2023 |
| Ms G Stone | Trustee | - | 2024 |
| Dr J S Wakeman | Trustee | - | 2024 |
| B Law | Bursar | - | 2024 |
| Marc Nel | Partner | - | 2023 |
| Alastair Cromie | Partner | - | 2023 |
| Lena Ripley | Partner | - | 2023 |
| Mr S D Hakeney | Rector | - | 2024 |
| Mr J M Syme | Trustee | - | 2024 |
| Neil Edmundson | Partner | - | 2023 |
| Rev J MacDonald | Trustee | - | 2024 |
Major Funders and Contracts (FY2024)
As disclosed in Lindisfarne Proprietors Trust Board's annual report.
- Ministry of Education — $712,472 (6.17% of revenue) — Policy One Funding
Service Providers
- Oldershaw & Co
- ANZ Bank New Zealand Ltd
Similar Charities in Education
- South Pacific College Of Natural Medicine Inc — Education
- Christchurch Rudolf Steiner School Trust — Education
- Ashburton Kindergarten Association Incorporated — Education
- Sathya Sai Preschool Rongomai — Education
- Pukekohe Christian School Trust — Education
Lindisfarne Proprietors Trust Board
Financial data as at December 2024. Sourced from Charities Services register.
This entity is registered as a charity but functions as a property, trading, or investment vehicle held by a service-delivering parent (a church, school, hospital, professional association, or similar). Its purpose is to hold or trade assets on the parent's behalf — not to deliver programs to public beneficiaries on its own books. The standard charity rating template (program-vs-administration split, reserve-months, fundraising efficiency) doesn't apply at the subsidiary level — those signals are meaningful at the parent level. A letter grade is withheld here rather than producing a misleading F driven by template-fit. Look up the parent charity by name for its rating.
How ratings work →Reasons to look carefully (2)
These structural observations are drawn from public data and are worth considering before a donation. They are not allegations of wrongdoing, and they don’t affect the charity’s letter grade.
- No chair recorded on the registerNo chair or presiding role is recorded in the register for this board of 6. The Charities Register does not require one to be identified, so this is a gap in the public record rather than a finding about the board.
- Same audit firm for many yearsSame audit firm (Oldershaw & Co) for 9 consecutive years — best practice rotates audit firms periodically to refresh independent oversight
Each signal is a data-driven observation, not a judgement. They fire automatically from the figures filed with Charities Services. A charity can address any of these by filing fuller disclosure or updating its officer register. Methodology: /about/methodology/concern-signals.
$11.6M
$11.3M
$29.6M
48
Financial data from Charities Services annual return (FY2024). Ratings calculated using CharityData v3.1.1 methodology.
Subsidiary
Special Entity TypeThis organization is a subsidiary or branch of a parent charity.
About
The trust was established to carry out every charitable purpose in New Zealand whether relating to the advancement of education, the advancement of religion, or any other purpose beneficial to the community.
Who We Serve
Key Statistics
Financial Trends
Financial Trends (16 Years)
Revenue Breakdown
Expense Breakdown
API DataBased on annual return data. Detailed program/admin breakdown not available.
Financial Health Dashboard
Based on latest annual return data. Metrics are calculated from reported financial data and may not reflect the full picture. View methodology
Revenue Diversification
HHI (Herfindahl–Hirschman Index) measures concentration across 6 income categories. Lower HHI = more diversified. Score above 60 indicates healthy diversification.
Peer Comparison
Ranked against 16 peers · Education · $10M – $50M
Top Peers in Group
Peers are charities in the same sector and revenue size band. Rankings are based on the latest available data.
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Sector & Activities
Data sourced from Charities Services register and publicly available annual returns. Our datasets may not be complete. Automated analysis can produce errors. Scores are calculated using disclosed methodology and are analytical tools, not investment ratings or recommendations. If you believe any data on this page is incorrect, please contact us at hello@charitydata.co.nz. For informational purposes only. Not investment advice. Last updated: 5 October 2026.
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