THE SIR WILLIAM TURNER FOUNDATION
Enhancing education for young people who live or study in Redcar
Objects
(1) THE OBJECT OF THE CHARITY IS TO ADVANCE THE EDUCATION OF STUDENTS AT THE REDCAR CAMPUS OF THE INSTITUTION BY PROMOTING THE EDUCATION, INCLUDING SOCIAL AND PHYSICAL TRAINING OF STUDENTS AND FORMER STUDENTS OF THE REDCAR CAMPUS OF THE INSTITUTION IN ANY WAY THAT THE TRUSTEES MAY AT ANY TIME DECIDE.(2) IN SO FAR AS THE INCOME OF THE CHARITY IS NOT APPLIED TOWARDS THE OBJECTS SPECIFIED IN CLAUSE 3(1) THE TRUSTEES MAY APPLY IT IN SUCH WAYS AS THEY THINK FIT TO ADVANCE THE EDUCATION OF STUDENTS IN EDUCATIONAL INSTITUTIONS ESTABLISHED IN REDCAR.
Financial health, per its FY2025 accounts
The accounts state that the charity's unrestricted funds decreased to £206,188, with free reserves standing at £11,363. The trustees aim to maintain free reserves at a level to meet objectives, but the document does not specify a numerical target or policy duration. Total funds decreased to £5,835,028 due to an unrealised investment loss of £135,981.
What the accounts disclose
“The trustees aim to maintain free reserves at a level that will enable them to meet their objectives as set out above” — page 4
Policies the charity declares
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Risk management
- Trustee conflicts of interest policy and procedures
Property (HM Land Registry)
Trustees
- bernard coynechair
- David Andrew Thompson
- Helen Mahoney
- Judith Anne Vickers
- Julian Anthony Gaskin
- Kelly Coupland
- Peter James McGuigan
- Rev Paul Harrison Peverell
- lesley kettlewell
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £38k | £77k |
| 05/04/2024 | £38k | £44k |
| 05/04/2023 | £42k | £46k |
| 05/04/2022 | £41k | £30k |
| 05/04/2021 | £31k | £23k |
Common questions
Is THE SIR WILLIAM TURNER FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that the charity's unrestricted funds decreased to £206,188, with free reserves standing at £11,363. The trustees aim to maintain free reserves at a level to meet objectives, but the document does not specify a numerical target or policy duration. Total funds decreased to £5,835,028 due to an unrealised investment loss of £135,981. Its FY2025 accounts were independently examined.