WILLIAM GIBBS RELIGIOUS AND EDUCATIONAL TRUST
Liaising with schools in the area of benefit to provide educational resources which enhance the children's education, esp English language tuition for students for whom English is not their first languageProvision of funding for full time students living or studying in the area of benefit and in need of financial assistance
Financial health, per its FY2024 accounts
The accounts state that the charity generated a net income of £203,187 from unrestricted funds, primarily derived from property rents. However, a significant unrealised loss on property revaluation of £330,658 resulted in a net movement in funds of -£127,471, reducing total unrestricted reserves to £7,018,875. The trustees confirm that current reserves and budgeted income are sufficient to continue as a going concern.
What the accounts disclose
“The Trustees aim to build this up to £100,000”
“The amount paid to St John's, Hyde Park in relation to such services was £12,000 during the year to 31 December 2024. Grants totalling of £60,000 were made in the year to St John's, Hyde Park.”
Trustees
- Rev Stephen Masonchair
- Anna Haase
- Bryan Stephens
- Neville David
- Rev Margaret Legg
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £389k | £186k |
| 31/12/2023 | £382k | £207k |
| 31/12/2022 | £328k | £161k |
| 31/12/2021 | £323k | £149k |
| 31/12/2020 | £330k | £183k |
Common questions
Is WILLIAM GIBBS RELIGIOUS AND EDUCATIONAL TRUST financially healthy?
Per its FY2024 accounts: The accounts state that the charity generated a net income of £203,187 from unrestricted funds, primarily derived from property rents. However, a significant unrealised loss on property revaluation of £330,658 resulted in a net movement in funds of -£127,471, reducing total unrestricted reserves to £7,018,875. The trustees confirm that current reserves and budgeted income are sufficient to continue as a going concern. Its FY2024 accounts were audited by TC Group.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| UK CHRISTIAN SCHOOLS LTD | 1 | £66k |
| RAVENSIDE TRUST | 1 | £45k |
Charities like this
- THE CHURCH SCHOOLS OF CAMBRIDGE (THE OLD SCHOOLS)
- NOOR TRUST
- LONDON CHRISTIAN SCHOOL LTD
- ENGLISH PROVINCE OF THE BROTHERS OF CHRISTIAN INSTRUCTION
- GATESHEAD JEWISH BOARDING SCHOOL
- THE CORNERSTONE CHURCH GROUP
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| WILLIAM GIBBS RELIGIOUS AND EDUCATIONAL TRUST | £389k | — | 0 | above | — | no doubt |
| THE CHURCH SCHOOLS OF CAMBRIDGE (THE OLD SCHOOLS) | £378k | — | 0 | unclear | — | no doubt |
| NOOR TRUST | £490k | — | 0 | unclear | — | no doubt |
| LONDON CHRISTIAN SCHOOL LTD | £1.6m | — | — | unclear | — | no doubt |
| ENGLISH PROVINCE OF THE BROTHERS OF CHRISTIAN INSTRUCTION | £3.6m | — | 0 | above | — | no doubt |
| GATESHEAD JEWISH BOARDING SCHOOL | £650k | — | 0 | above | — | no doubt |