MEDWAY EDUCATION TRUST
Providing children education to the full range of abilities for children in NC years 5-13.
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net surplus of £1,642,738 for the year ended 31 December 2024, with free reserves of £5,636,112. The trustees confirm that these reserves exceed their policy target of six months' unrestricted expenditure and that there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“The charity’s policy is to maintain minimum free reserves at a level which equates to six months’ unrestricted expenditure.” — page 5
“During the year, the charity received £162,000 of donations from its trading subsidiary.” — page 30
“The trading activities of the charity’s trading subsidiary Linton Projects Ltd (Registered Number 05684296), which operates a chain of convenience stores, are undertaken by volunteers.” — page 4
Structured financials (annual return, FY ending 31/12/2025)
Trustees
- CHARLES ALLAN CAMPBELL
- Frazer Giles Dunn
- Glyn Joseph Hathorn
- Kevin Devenish
- Richard James Beattie
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £2.3m | £2.8m |
| 31/12/2024 | £5.0m | £3.2m |
| 31/12/2023 | £3.1m | £3.2m |
| 31/12/2022 | £3.0m | £2.8m |
| 31/12/2021 | £2.6m | £2.6m |
Common questions
Is MEDWAY EDUCATION TRUST financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net surplus of £1,642,738 for the year ended 31 December 2024, with free reserves of £5,636,112. The trustees confirm that these reserves exceed their policy target of six months' unrestricted expenditure and that there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2024 accounts were audited by mca Banbury Ltd.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE CHEAM FOUNDATION | 1 | £172k |
| THE REECE FOUNDATION | 1 | £90k |
| THE ROTHLEY TRUST | 1 | £5k |
Charities like this
- MEDESHAMSTEDE EDUCATION TRUST
- THE MERESIDE EDUCATION TRUST
- AL - MEDINA TRUST
- ERMINE EDUCATION TRUST
- MEDWAY TOWNS DISTRICT SCOUT COUNCIL
- THE NORTHUMBRIAN EDUCATIONAL TRUST LTD
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| MEDWAY EDUCATION TRUST | £2.3m | — | 0 | unclear | — | no doubt |
| MEDESHAMSTEDE EDUCATION TRUST | £1.7m | — | 0 | unclear | — | no doubt |
| THE MERESIDE EDUCATION TRUST | £11.0m | — | 0 | unclear | — | no doubt |
| AL - MEDINA TRUST | £177k | — | 0 | above | — | no doubt |
| ERMINE EDUCATION TRUST | £3.1m | — | 0 | unclear | — | no doubt |
| MEDWAY TOWNS DISTRICT SCOUT COUNCIL | £146k | — | 0 | unclear | — | no doubt |