DANIEL PARSONS EDUCATIONAL CHARITY

Registered charity 1068492 · accounts filings on the Charity Commission register · also known as DANIEL PARSONS CHARITY

Education of persons under the age of 25 years who, or whose parents are resident in Dudley and the surrounding neighborourhood, have at any time attended at a school in the area.

Objects

THE PROMOTION OF EDUCATION (INCLUDING RELIGIOUS EDUCATION AND SOCIAL AND PHYSICAL TRAINING) OF PERSONS UNDER THE AGE OF 25 YEARS WHO OR WHOSE PARENTS ARE RESIDENT IN THE AREA OF BENEFIT HAVE ANY TIME ATTENDED AS A PUPIL AT A SCHOOL IN THE AREA AND WHO ARE IN NEED OF FINANCIAL ASSISTANCE. FOR GREATER DETAIL SEE COPY OF SCHEME DATED 6 APRIL 1996 ON FILE.

Area of benefit: DUDLEY AND THE SURROUNDING AREA

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: Education/training · Get email alerts

Latest income

£126k

Latest spending

£94k

Registered

1998

Accounts read

FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity holds unrestricted reserves of £165,298 against a stated policy target of retaining an average year's income of £15,000. The charity reports no outside source of income and is dependent entirely on investment income to meet its objectives.

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

What the accounts disclose

Largest income source: Investment income

“The Charity has no outside source of income and is dependent upon the income from its investments.” — page 4

Per its FY2024 accounts as filed with the Charity Commission.

Reserves policy: an average year’s income (£15,000) (held: £165k)

“The Trustees endeavour to retain a minimum of an average year’s income (£15,000) to meet any unexpected need or expense.” — page 4

Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

Internal charity financial controls policy and procedures
Internal risk management policy and procedures
Investment
Risk management
Trustee conflicts of interest policy and procedures

Trustees · trustee networks

PETER MARSHchair · trustee of 4 other charities
BARBARA DENISE COLES · trustee of 1 other charity
COLIN VICTOR KNIPE · trustee of 3 other charities
IAN MCALLISTER CLELAND · trustee of 1 other charity
JOHN RICHARD BAIRD GRAHAM · trustee of 1 other charity
NICOLAS ANTHONY BARLOW · trustee of 5 other charities
Peter Bishop · trustee of 1 other charity
THOMAS PHILIP WESTLEY · trustee of 1 other charity

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

Operates in: Dudley

Income and spending

Financial year end	Income	Spending
31/12/2025	£126k	£94k
31/12/2024	£136k	£142k
31/12/2023	£16k	£6k
31/12/2022	£16k	£18k
31/12/2021	£12k	£6k

Common questions

Is DANIEL PARSONS EDUCATIONAL CHARITY financially healthy?

Per its FY2024 accounts: The accounts state that the charity holds unrestricted reserves of £165,298 against a stated policy target of retaining an average year's income of £15,000. The charity reports no outside source of income and is dependent entirely on investment income to meet its objectives. Its FY2024 accounts were independently examined.