Charity Accounts Intelreading the accounts so you don’t have to

ERMINE EDUCATION TRUST

Registered charity 1063272 · accounts filings on the Charity Commission register · also known as ERMINE EDUCATIONAL TRUST, LITTLEBURY RESOURCE CENTRE

The purpose of the Charity is the advancement of education of children and young people inparticular by providing assistance to their parents to enable such children to be taught otherwise than at school as defined in the Education Acts 1944 to 1993.

Causes: Education/training · Get email alerts

Latest income
£3.1m
Latest spending
£3.1m
Registered
1997
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity reported a net surplus of £1,310,792 for the year ended 31 December 2024, with free reserves increasing to £4,805,089. The trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future, citing sufficient funds to mitigate short to medium-term risks. The charity is principally financed by profits from its trading subsidiary, Fusion Trading (Biggleswade) Ltd, alongside donations and grants.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Related-party transaction: Gift Aid received from subsidiary
“As stated in Note 13, Fusion Trading Ltd was a wholly owned subsidiary undertaking of the Charity. £490,000 was received by the Charity from the subsidiary under gift aid.” — page 29
Per its FY2024 accounts as filed with the Charity Commission.
Trading subsidiary: Fusion Trading (Biggleswade) Ltd
“The trading activities of the charity’s trading subsidiary Fusion Trading (Biggleswade) Ltd (Company Number 07159595), which operates a chain of convenience stores, are undertaken by volunteers.” — page 4
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by mca Banbury Ltd. Discloses 3 of 6 completeness components.

Corporate structure

FUSION TRADING (BIGGLESWADE) LTD — per its own Companies House accounts
  • Related party transactions with group members are exempt from disclosure under FRS 102 section 33.

Structured financials (annual return, FY ending 31/12/2025)

Total income
£3.1m
Total spending
£3.1m
Cost of raising funds
£2.5m
Reserves (reported)
£0
Employees
0

Reported reserves equal ~0.0 months of spending — in the bottom quarter for charities its size (median 4.8 months; benchmarks).

Per its annual return, largest income source: Other trading activities (77% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 80.6% of total income — above the 90th percentile for charities its size (median 5.2%) (benchmarks).

Register events

Trustees · trustee networks

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

Operates in: Bedford · Hertfordshire

Income and spending

Financial year endIncomeSpending
31/12/2025£3.1m£3.1m
31/12/2024£4.9m£3.5m
31/12/2023£4.2m£3.4m
31/12/2022£3.0m£3.0m
31/12/2021£1.9m£1.4m

Common questions

Is ERMINE EDUCATION TRUST financially healthy?

Per its FY2024 accounts: The accounts state that the charity reported a net surplus of £1,310,792 for the year ended 31 December 2024, with free reserves increasing to £4,805,089. The trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future, citing sufficient funds to mitigate short to medium-term risks. The charity is principally financed by profits from its trading subsidiary, Fusion Trading (Biggleswade) Ltd, alongside donations and grants. Its FY2024 accounts were audited by mca Banbury Ltd.

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.

FunderSimilar charities fundedAmount to them
THE REECE FOUNDATION1£90k
THE ROTHLEY TRUST1£5k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with THE NORTHUMBRIAN EDUCATIONAL TRUST LTD.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
ERMINE EDUCATION TRUST£3.1m—0unclear—no doubt
THE NORTHUMBRIAN EDUCATIONAL TRUST LTD FY2025£2.9m——below—not going concern
BELMONT-BIRKLANDS SCHOOL TRUST LIMITED FY2025£2.1m—0below—noted
THE HERON EDUCATIONAL TRUST FY2025£1.6m—0unclear—no doubt
HOLME GRANGE LTD FY2025£12.8munclear0unclear—no doubt
EDUCATION DEVELOPMENT TRUST FY2025£73.8m£210,000 - £219,999—unclear—no doubt

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