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.
Objects
1 MAINTENANCE AND REPAIR OF THE PARISH CHURCH OF BRAILES AND THE MAINTENANCE OF THE SERVICES THEREIN 2 IN PROMOTING THE EDUCATION (INCLUDING SOCIAL AND PHYSICAL TRAINING) OF PERSONS UNDER 25 YRS WHO ARE RESIDENT OR WHO HAVE A PARENT RESIDENT IN THE PARISH OF BRAILES AND WHO ARE IN NEED OF FINANCIAL ASSISTANCE IN SUCH WAYS AS THE TRUSTEES THINK FIT 3 IN OR TOWARDS PROVIDING IN THE INTERESTS OF SOCIAL WELFARE WITH THE OBJECT OF IMPROVING THEIR CONDITIONS OF LIFE FACILITIES FOR RECREATION AND SOCIAL AND PHYSICAL TRAINING FOR PERSONS UNDER THE AGE OF 25 YEARS WHO ARE RESIDENT IN THE SAID PARISH 4 IN TOWARDS PROVIDING FOR BRAILES CHURCH OF ENGLAND SCHOOL SUCH SPECIAL BENEFITS OF ANY KIND NOT NORMALLY PROVIDED BY THE LOCAL EDUCATION AUTHORITY AS MAY FROM TIME TO TIME BE AGREED BETWEEN THE TRUSTEES AND THE GOVERNORS OF THE SAID SCHOOL
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
Policies the charity declares
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Investing charity funds policy and procedures
- Safeguarding policy and procedures
- Trustee conflicts of interest policy and procedures
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 |
|---|---|---|
| 31/12/2025 | £57k | £56k |
| 31/12/2024 | £55k | £38k |
| 31/12/2023 | £52k | £54k |
| 31/12/2022 | £48k | £37k |
| 31/12/2021 | £46k | £5k |
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 |