THE ORMEROD TRUST FUND
The charity makes awards of scholarships, bursaries or grants to boys and young men who are aged under 25 and who are about to attend or have attended for not less than two years, Bury Grammar School Boys
Financial health, per its FY2025 accounts
The accounts state that the charity's total funds increased by £34,066 to £806,074, driven primarily by dividend income from investments. The trustees report that the risk regarding resource sufficiency is minimal given current cash and projected dividend income, and they are confident that adequate reserves exist to meet all bursary grant commitments.
What the accounts disclose
“The Trustees’ reserves policy is to ensure that there are sufficient Funds in place to meet their confirmed commitments.” — page 4
“Mr M J Entwistle, a Trustee, is a partner in James Sharp & Co, the Fund’s investment advisers.” — page 2
“The Fund is administered by staff employed by The Bury Grammar Schools Trustee Ltd. No charge is made to the Fund for these services.” — page 13
“Mr M J Entwistle, a Trustee, is a partner in James Sharp & Co, the Fund’s investment advisers.” — page 2
“The Fund is administered by staff employed by The Bury Grammar Schools Trustee Ltd. No charge is made to the Fund for these services.” — page 13
Trustees
- ANTHONY MARSHALLchair
- Dave Bowen
- GORDON ARTHUR FOWLER
- MARTIN JOHN ENTWISTLE
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £39k | £41k |
| 31/08/2024 | £37k | £44k |
| 31/08/2023 | £35k | £25k |
| 31/08/2022 | £34k | £35k |
| 31/08/2021 | £31k | £38k |
Common questions
Is THE ORMEROD TRUST FUND financially healthy?
Per its FY2025 accounts: The accounts state that the charity's total funds increased by £34,066 to £806,074, driven primarily by dividend income from investments. The trustees report that the risk regarding resource sufficiency is minimal given current cash and projected dividend income, and they are confident that adequate reserves exist to meet all bursary grant commitments. Its FY2025 accounts were audited by Horsfield & Smith.