SWARTHMORE EDUCATION CENTRE
Financial health, per its FY2025 accounts
The accounts state that the charity reported a small surplus of £20,170 for the year ended 31 July 2025, with total income of £1,962,035. Per the trustees' report, unrestricted free reserves stood at £220,350, which is within the stated policy target of 1 to 3 months of operating expenditure (£165,000 to £495,000). The charity remains solvent with net assets of £1,279,681 and is considered a going concern.
What the accounts disclose
Structured financials (annual return, FY ending 31/07/2025)
Trustees
- Kathryn Julie Badonchair
- Christine Lord
- Dr Elizabeth Judith Watkins
- Eileen Jacqueline Exeter
- Jennifer Wallbank
- Mark David Giles Blundell
- Nigel Hussain Mohammed Zaman
- Vince Chin
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/07/2025 | £2.0m | £1.9m |
| 31/07/2024 | £1.9m | £1.9m |
| 31/07/2023 | £1.8m | £1.8m |
| 31/07/2022 | £1.6m | £1.7m |
| 31/07/2021 | £1.5m | £1.5m |
Common questions
Is SWARTHMORE EDUCATION CENTRE financially healthy?
The accounts state that the charity reported a small surplus of £20,170 for the year ended 31 July 2025, with total income of £1,962,035. Per the trustees' report, unrestricted free reserves stood at £220,350, which is within the stated policy target of 1 to 3 months of operating expenditure (£165,000 to £495,000). The charity remains solvent with net assets of £1,279,681 and is considered a going concern. Its FY2025 accounts were audited by AAB Audit & Accountancy Limited.