ROY WOODWARD EDUCATIONAL FOUNDATION

Registered charity 1087756 · accounts filings on the Charity Commission register

Provision of grants to King Charles I School Kidderminster in respect of items not normally met by local education authority and subject there to the provision of grants to current and former pupils of the school for educational purposes.

Objects

11. (A) THE NET YEARLY INCOME OF THE FOUNDATION SHALL BE APPLIED BY THE TRUSTEES -(I) IN PROVIDING SPECIAL BENEFITS FACILITIES AND EQUIPMENT OF ANY KIND FOR THE BENEFIT OF THE PUPILS OF THE SCHOOL NOT USUALLY PROVIDED BY THE LOCAL EDUCATION AUTHORITY FOR THE SCHOOL(II) IN SETTING ASIDE TO A RESERVE FUND SUCH SUM AS THE TRUSTEES THINK PRUDENT TO MEET THE COSTS OF EXTRAORDINARY BENEFITS WHICH IN THEIR DISCRETION THEY THINK FIT TO PROVIDE FOR THE SCHOOL(B) THE RESIDUE OF THE NET YEARLY INCOME OF THE FOUNDATION SHALL BE APPLIED BY THE TRUSTEES IN ONE OR MORE OF THE FOLLOWING WAYS -(1) IN AWARDING SCHOLARSHIPS OR MAINTENANCE ALLOWANCES TO ENABLE BENEFICIARIES TO PURSUE AND CONTINUE THEIR EDUCATION AND IN PARTICULAR (BUT WITHOUT PREJUDICE TO THE GENERALITY OF THE FOREGOING) TO TRAVEL AT HOME OR ABROAD FOR SUCH PURPOSES;(II) IN AWARDING TO BENEFICIARIES EXHIBITIONS, SCHOLARSHIPS, BURSARIES OR MAINTENANCE ALLOWANCES TENABLE AT ANY COLLEGE OF EDUCATION, (INCLUDING TECHNICAL OR PHYSICAL EDUCATION), UNIVERSITY, OR OTHER PLACE OF LEARNING APPROVED BY THE TRUSTEES;(III) IN PROVIDING FINANCIAL ASSISTANCE, OUTFITS, CLOTHING, TOOLS, INSTRUMENTS OR BOOKS TO ENABLE BENEFICIARIES, ON LEAVING SCHOOL, A UNIVERSITY OR ANY OTHER EDUCATIONAL ESTABLISHMENT TO PREPARE FOR, OR TO ASSIST THEIR ENTRY INTO A PROFESSION, TRADE OR CALLING;(IV) IN PROVIDING FINANCIAL ASSISTANCE TO ENABLE BENEFICIARIES TO STUDY MUSIC OR OTHER ARTS TECHNICAL OR PHYSICAL EDUCATION, AND (V) IN OTHERWISE PROMOTING THE EDUCATION, (INCLUDING SOCIAL AND PHYSICAL TRAINING) OF BENEFICIARIES.

Area of benefit: FOR THE BENEFIT OF THE PUPILS OF THE SCHOOL, OR EX PUPILS OF THE SCHOOL (KING CHARLES THE FIRST'S SCHOOL KIDDERMINSTER).

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

Financial health, per its FY2025 accounts

The charity reported a net expenditure of £68,153 for the year, driven by a significant unrealized loss on investments of £80,185, although unrestricted funds increased due to investment income exceeding charitable expenditure. Unrestricted reserves stood at £59,728, which is above the trustees' projected level of £30,000 and exceeds their policy target of maintaining six months of unrestricted expenditure. The accounts were subject to an independent examination with no material matters identified.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

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.

• Campaigns and political activity 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
• Safeguarding policy and procedures
• Safeguarding vulnerable beneficiaries
• Volunteer management

Trustees · trustee networks

• Dr Nigel A Geary
• Joel Alan Douglas
• LUCILLE GLENCAIRN CAMPBELL
• Louise Rose Heath
• Stephen John Wyer · trustee of 3 other charities
• Timothy Gulliver

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

Operates in: Worcestershire

Income and spending

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