THE NOTTINGHAM EDUCATION TRUST
The purpose of The Nottingham Education Trust is advance the education of young people, under the age of 21 and permanently resident in the City of Nottingham to pursue activities outside of their formal education, particularly in Music & the Arts, the Sciences, Languages, Travel & Cultural Experience, Sports & Outdoor & Adventurous pursuits, who would otherwise not have the opportunity.
Objects
PROMOTING THE EDUCATION OF PERSONS UNDER THE AGE OF 21 YEARS AND IN NEED OF FINACIAL ASSISTANCE
Financial health, per its FY2026 accounts
The accounts state that the charity holds £110,000 in unrestricted reserves, which were reduced from previous levels due to the maturity and splitting of fixed-term deposit accounts. The charity's principal source of funds is rental income from its property at 96-98 Derby Road, although the trustees have resolved to dispose of this asset to mitigate associated risks and reduce running costs. Per the trustees' report, the charity maintains a low-cost operational approach, with running costs in the region of £4,000, to maximize funds available for bursary distribution.
What the accounts disclose
“The Trustees have resolved to dispose of the asset and review opportunities to reinvest with less problems with which to deal.. The Charity maintains a minimum restricted fund of £40,000 immediately available to mitigate any risks associated with maintaining the current property asset at 96-98 Derby Road, Nottingham.”
Policies the charity declares
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Investing charity funds policy and procedures
- Investment
- Risk management
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
Trustees
- David Stephen Stewartchair
- Councillor Audrey Dinnall
- Councillor Cheryl Margaret Barnard
- Councillor David Mellen
- Councillor Jay Hayes
- Councillor Linda Mary Woodings
- Councillor Sulcan Mahmood
- Dr KADIATU GWYNETH KANNEH
- Gary Fullwood
- Linda Margaret Abbott
- Martha Daisy Callow
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2026 | £61k | £66k |
| 31/03/2025 | £25k | £24k |
| 31/03/2024 | £26k | £23k |
| 31/03/2023 | £25k | £16k |
| 31/03/2022 | £23k | £55k |
Common questions
Is THE NOTTINGHAM EDUCATION TRUST financially healthy?
Per its FY2026 accounts: The accounts state that the charity holds £110,000 in unrestricted reserves, which were reduced from previous levels due to the maturity and splitting of fixed-term deposit accounts. The charity's principal source of funds is rental income from its property at 96-98 Derby Road, although the trustees have resolved to dispose of this asset to mitigate associated risks and reduce running costs. Per the trustees' report, the charity maintains a low-cost operational approach, with running costs in the region of £4,000, to maximize funds available for bursary distribution. Its FY2026 accounts were independently examined.