BOURNEMOUTH SCHOOL CHARITABLE TRUST
Financial health, per its FY2023 accounts
The accounts state that the charity held unrestricted funds of £708,820 as of 31 March 2023, having generated a net income of £50,863 for the year. The trustees report that the charity has significant cash resources to meet ongoing expenditure and has met all outgoings from its own funds without bank borrowings. The reserves policy is to accumulate sufficient funds to sustain the assets of the Sir David English Sports Centre.
What the accounts disclose
“The reserves policy of the directors and trustees is to accumulate sufficient funds to sustain the assets of the Sir David English Sports Centre.” — page 4
Trustees
- COLONEL ALLAN FULTON PENMAN PETRIEchair
- James Philip Atkinson
- John David Pearce Mr
- Mark Andrew Rance
- Matthew Edward Max Barker
- NICOLE ENGLISH
- Professor Steward Cotterill
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £107k | £79k |
| 31/03/2024 | £122k | £63k |
| 31/03/2023 | £108k | £57k |
| 31/03/2022 | £90k | £50k |
| 31/03/2021 | £66k | £61k |
Common questions
Is BOURNEMOUTH SCHOOL CHARITABLE TRUST financially healthy?
The accounts state that the charity held unrestricted funds of £708,820 as of 31 March 2023, having generated a net income of £50,863 for the year. The trustees report that the charity has significant cash resources to meet ongoing expenditure and has met all outgoings from its own funds without bank borrowings. The reserves policy is to accumulate sufficient funds to sustain the assets of the Sir David English Sports Centre. Its FY2023 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE ABDALLA FOUNDATION | 1 | £7k |
| JOHN JACKSON CHARITABLE TRUST | 1 | £700 |