CHAIGELEY EDUCATIONAL FOUNDATION
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net income surplus of £421,128 for the year ended 31 August 2025, resulting in total funds carried forward of £3,840,769. Per the trustees' report, free reserves of £1,385,655 are above the stated policy target of one term of costs (£1,187,118). The independent auditors confirmed that the financial statements give a true and fair view and identified no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“The target range has been set at one term of costs with amounts above this providing an opportunity to grow the charitable works. On 31st August 2025, the free reserves amounted to £1,385,655 which is above our average termly expenditure of £1,187,118.” — page 7
“During the year a van was purchased from the headteacher totalling just over £1,000. This purchase was made using observable market prices.There are no outstanding balances in relation to the purchase.” — page 30
Structured financials (annual return, FY ending 31/08/2025)
Trustees
- WILL HOWELLchair
- Amy Nisbet
- CHRISTOPHER HAINES
- Carl Morris
- Gemma McCaig
- Hilary Brooks
- Jackie Carter
- Tim Askham
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £3.8m | £3.4m |
| 31/08/2024 | £3.3m | £3.1m |
| 31/08/2023 | £2.7m | £2.5m |
| 31/08/2022 | £2.4m | £2.4m |
| 31/08/2021 | £2.1m | £2.1m |
Common questions
Is CHAIGELEY EDUCATIONAL FOUNDATION financially healthy?
The accounts state that the charity reported a net income surplus of £421,128 for the year ended 31 August 2025, resulting in total funds carried forward of £3,840,769. Per the trustees' report, free reserves of £1,385,655 are above the stated policy target of one term of costs (£1,187,118). The independent auditors confirmed that the financial statements give a true and fair view and identified no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were audited by Voisey & Co LLP.