FREE SCHOOL CHARITY
Maintains the Free School and Institute for use by the church and community; makes grants for the maintenance of St.George's Brailes and the services therein; makes grants to Brailes C.E.Primary School; makes educational grants to young persons under the age of 25 and resident in the parish of Brailes.
Financial health, per its FY2024 accounts
The accounts state that total unrestricted fund receipts increased to £54,965, resulting in a net surplus of £16,965 after management and charitable payments. Per the Statement of Assets and Liabilities, total charity funds stood at £902,782, comprising £120,026 in cash and £778,958 in investments. The trustees consider the current level of free reserves prudent for providing financial stability.
What the accounts disclose
“It is the Trustees’ view that it is prudent to ensure that there are sufficient free reserves to provide financial stability for the Charity.” — page 4
Trustees
- Brett Hay
- GLENDA WOODS
- Katherine Joanne Haycock
- Martin Gerald Cole
- Mr Tim Rimell
- Rev George Heighton
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £55k | £38k |
| 31/12/2023 | £52k | £54k |
| 31/12/2022 | £48k | £37k |
| 31/12/2021 | £46k | £5k |
| 31/12/2020 | £42k | £39k |
Common questions
Is FREE SCHOOL CHARITY financially healthy?
Per its FY2024 accounts: The accounts state that total unrestricted fund receipts increased to £54,965, resulting in a net surplus of £16,965 after management and charitable payments. Per the Statement of Assets and Liabilities, total charity funds stood at £902,782, comprising £120,026 in cash and £778,958 in investments. The trustees consider the current level of free reserves prudent for providing financial stability. Its FY2024 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 02/11/2005 | £5k | Disabled Access to W.C |