CUMNOR OLD SCHOOL CHARITY
We aim to further the cultural, physical and educational and social development of individuals and groups within our area.
Financial health, per its FY2025 accounts
The accounts state that the charity's finances are in a reasonably healthy state, with commercial income from lets preventing a serious deficit. The charity holds unrestricted reserves of approximately £49,000 available for future contingencies and refurbishments. The independent examiner confirmed that the accounts accord with the accounting records and comply with the Act.
What the accounts disclose
“Income from the post office, stores and offices remain at a satisfactory commercial level.” — page 2
“At the end of March 25, the Trust had a balance of £62k in various bank accounts. This amount has been established as a reasonable sum for future expenditure and a sinking fund for future maintenance works.”
“The first-floor offices are leased to Ms D W Akers on a five-year tenancy which commenced on the 9th of February 2016 at a rent of £6,000 per annum. Ms Akers runs a complementary health business from the property.” — page 1
“Mr & Mrs S Sathiapal are the assigned leaseholders for the post office and store, and they run a highly appreciated business. A six-year lease for the post office and store was renewed in April 2022 at a rent of £5,312 per annum.”
“The first-floor offices are leased to Ms D W Akers on a five-year tenancy which commenced on the 9th of February 2016 at a rent of £6,000 per annum. Ms Akers runs a complementary health business from the property.” — page 1
“Mr & Mrs S Sathiapal are the assigned leaseholders for the post office and store, and they run a highly appreciated business. A six-year lease for the post office and store was renewed in April 2022 at a rent of £5,312 per annum.”
Trustees
- NICHOLAS EDWARD PETER SURMANchair
- Alison Jenner
- Anne Danielle Harkness
- James Dayson Baird
- Jean Claire Horsman
- Lucy Anne Lightowler
- Peter Baldwin
- RICHARD MAYON-WHITE
- WILLIAM ROBERT TOPPING
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £27k | £35k |
| 31/03/2024 | £26k | £19k |
| 31/03/2023 | £36k | £15k |
| 31/03/2022 | £28k | £15k |
| 31/03/2021 | £26k | £18k |
Common questions
Is CUMNOR OLD SCHOOL CHARITY financially healthy?
Per its FY2025 accounts: The accounts state that the charity's finances are in a reasonably healthy state, with commercial income from lets preventing a serious deficit. The charity holds unrestricted reserves of approximately £49,000 available for future contingencies and refurbishments. The independent examiner confirmed that the accounts accord with the accounting records and comply with the Act. Its FY2025 accounts were independently examined.