NEWTON BURSARY FUND

Registered charity 1013843 · accounts filings on the Charity Commission register · also known as NEWTON SCHOLARSHIP FUND

The promotion and encouragement of education at Newton Prep by providing scholarship awards.

Objects

THE TRUSTEES SHALL HOLD THE FUND UPON TRUST FOR THE APPLICATION OF THE INCOME AND CAPITAL IN PERPETUITY FOR THE PROMOTION AND ENCOURAGEMENT OF EDUCATION AT THE SCHOOL IN THE MANNER SPECIFIED IN CLAUSE 7 7.1 THE SCHOLARSHIPS THE INCOME OF THE FUND SHALL BE APPLIED IN ESTABLISHING AND MAINTAINING SCHOLARSHIPS TO BE CALLED THE FOUNDATION SCHOLARSHIPS TO BE FROM TIME TO TIME AWARDED IN THE MANNER SPECIFIED IN CLAUSE 8 TO PUPILS OF THE SCHOOL AND TO BE HELD AND ENJOYED AS PROVIDED IN CLAUSE 8 7.2 THE TRUSTEES MAY IN ANY ONE ACADEMIC YEAR AT THEIR ABSOLUTE DISCRETION APPLY ANY INCOME ACCUMULATED AND ALLOCATED AS CAPITAL PURSUANT TO CLAUSE 9 THEREOF AND UP TO BUT NOT EXCEEDING TEN PER CENT OF THE CAPITAL OF THE FUND FOR THE PURPOSES SPECIFIED IN CLAUSE 7.1 HEREOF 8. NUMBER OF SCHOLARSHIPS THE SCHOLARSHIPS SHALL BE OF SUCH NUMBER AND EACH SHALL BE OF SUCH YEARLY VALUE AS THE TRUSTEES MAY DECIDE FROM TIME TO TIME HAVING REGARD TO THE INCOME OF THE FUND 9. RESIDUE OF INCOME ANY RESIDUE OF INCOME AFTER SATISFYING THE ABOVE PURPOSE SHALL BE ACCUMULATED AND ADDED TO THE CAPITAL OF THE FUND AND BE DEALT WITH AS PART OF SUCH CAPITAL.

Area of benefit: NOT DEFINED

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: Education/training · website · Get email alerts

Registered contact address: Wandsworth, London, England (from the postcode on the register)

Latest income

£380k

Latest spending

£387k

Registered

1992

Accounts read

FY2025

Financial health, per its FY2025 accounts

The accounts state that the trust holds unrestricted and restricted reserves totaling £1,830,266, which the trustees consider appropriate to meet long-term objectives. The trust reported a net deficit for the year of £7,770, primarily due to charitable expenditure exceeding income, but maintains a strong cash and investment position. The trustees confirm there are no material uncertainties regarding the trust's ability to continue as a going concern.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: The Trustees consider it appropriate to maintain these reserves to ensure that the reserves can continue to meet its objectives over the long term. (reserves figure: £1.8m)

“The Trustees consider it appropriate to maintain these reserves to ensure that the reserves can continue to meet its objectives over the long term.” — page 5

Per its FY2025 accounts as filed with the Charity Commission.

Related-party transaction: Newton Enterprises Ltd, a company where two trustees serve as directors, made donations to the NBF amounting to £259,170.

“Two trustees of the Newton Bursary Fund (NBF) also serve as directors of Newton Enterprises Ltd. During the year, Newton Enterprises Ltd made donations to the NBF amounting to £259,170 (2024: £217,249).” — page 12

“Two trustees of the NBF also act as trustees of the Newton Prep PTA. During the year, the NBF received donations of £50,000 (2024: £Nil) from the Newton Prep PTA.” — page 12

Per its FY2025 accounts as filed with the Charity Commission.

Related-party transaction: Newton Prep PTA, where two trustees also act as trustees, made donations to the NBF amounting to £50,000.

“Two trustees of the Newton Bursary Fund (NBF) also serve as directors of Newton Enterprises Ltd. During the year, Newton Enterprises Ltd made donations to the NBF amounting to £259,170 (2024: £217,249).” — page 12

“Two trustees of the NBF also act as trustees of the Newton Prep PTA. During the year, the NBF received donations of £50,000 (2024: £Nil) from the Newton Prep PTA.” — page 12

Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

Conflicting interests
Financial reserves policy and procedures
Internal charity financial controls policy and procedures
Internal risk management policy and procedures
Investing charity funds policy and procedures
Risk management
Safeguarding policy and procedures
Serious incident reporting policy and procedures
Trustee conflicts of interest policy and procedures
Trustee expenses policy and procedures

From the charity’s annual return (Part A, self-declared)

Answers and figures the charity gave in Part A of its annual return to the Charity Commission. They are self-declared: not verified by the Commission or by this site. Only positive answers and figures are listed; items not listed are simply not shown.

Self-declared on the annual return for the financial year ending 31/08/2025

Grant-making is its main activity

Self-declared on the annual return for the financial year ending 31/08/2024

Grant-making is its main activity

Self-declared on the annual return for the financial year ending 31/08/2023

Grant-making is its main activity

Source: this charity’s annual returns on the Charity Commission register.

Funders the charity credits

Named as funders/supporters on the charity’s own website (the charity’s claim, distinct from accounts-verified grants).

PTA of Newton Prep — “The NBF is also generously supported by the PTA of Newton Prep.” (source page)

Public profiles (found on the charity’s own website): instagram

Trustees · trustee networks

Dr Farouk Walji
Farhaan Walji
Graeme McCafferty
Sergej Tolz
Steffen Goelkel
Victoria Chisholm

Trustee list from the Charity Commission register (current, not historical).

Operates in: Wandsworth

Income and spending

Financial year end	Income	Spending
31/08/2025	£380k	£387k
31/08/2024	£331k	£373k
31/08/2023	£220k	£404k
31/08/2022	£264k	£295k
31/08/2021	£170k	£185k

Common questions

Is NEWTON BURSARY FUND financially healthy?

Per its FY2025 accounts: The accounts state that the trust holds unrestricted and restricted reserves totaling £1,830,266, which the trustees consider appropriate to meet long-term objectives. The trust reported a net deficit for the year of £7,770, primarily due to charitable expenditure exceeding income, but maintains a strong cash and investment position. The trustees confirm there are no material uncertainties regarding the trust's ability to continue as a going concern. Its FY2025 accounts were independently examined.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

Funder	Similar charities funded	Amount to them
ACHISOMOCH AID COMPANY LIMITED	1	£564k
BELZ FOUNDATION LTD	1	£21k
THE BENZI DUNNER SCHOOLS TRUST	1	£10k
THE RISMAN FOUNDATION	1	£3k
THE HADFIELD CHARITABLE TRUST	1	£2k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with NEWTON PREP PTA.

NEWTON PREP PTA income £62k
THE NOTTING HILL PREP FOUNDATION income £203k
ROTARY CLUB OF NEWTON ABBOT TRUST FUND income £48k
BOLTON NURSERY LIMITED income £328k
NEW LONDON EDUCATIONAL TRUST income £101k
NOAM EDUCATIONAL TRUST income £746k

Side by side with its peers

Charity	Income	Top pay band	Reserves vs policy	Fundraising cost	Going concern
NEWTON BURSARY FUND	£380k	—	unclear	—	no doubt
NEWTON PREP PTA FY2025	£62k	—	unclear	—	no doubt
THE NOTTING HILL PREP FOUNDATION FY2025	£203k	—	unclear	—	no doubt
ROTARY CLUB OF NEWTON ABBOT TRUST FUND FY2025	£48k	—	unclear	—	no doubt
BOLTON NURSERY LIMITED FY2025	£328k	—	above	—	no doubt
NEW LONDON EDUCATIONAL TRUST FY2024	£101k	—	unclear	—	no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.