STRANDS
Raising funds to enhance the lives of pupils in the school
Objects
TO ADVANCE THE EDUCATION OF THE PUPILS IN THE SCHOOL
Financial health, per its FY2025 accounts
The charity holds unrestricted reserves of £147,077.28, which significantly exceeds its stated policy target of £30,000. The school fund audit confirmed that internal financial controls are acceptable, although specific weaknesses regarding income record retention and bank reconciliations were identified and require remedial action.
What the accounts disclose
“we have nominally set a reserves policy at £30k (agreed at trustees meeting 3.7.24)”
“we have concluded that in other areas examined there are a number of weaknesses in financial management. Remedial action is required in control systems in operation at the school.”
Policies the charity declares
- Bullying and harassment policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
Trustees
- Vivien Harringtonchair
- Ashley Hale
- Duncan Mackenzie
- Mary-Beth Grant
- Rev Roger Billings
- Sarah Jones
- Shelley Taylor
- Wendy Forster
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £55k | £47k |
| 31/03/2024 | £51k | £50k |
| 31/03/2023 | £67k | £49k |
| 31/03/2022 | £48k | £35k |
| 31/03/2021 | £36k | £40k |
Common questions
Is STRANDS financially healthy?
Per its FY2025 accounts: The charity holds unrestricted reserves of £147,077.28, which significantly exceeds its stated policy target of £30,000. The school fund audit confirmed that internal financial controls are acceptable, although specific weaknesses regarding income record retention and bank reconciliations were identified and require remedial action. Its FY2025 accounts were audited by Finance and Business Services Team.