THE FRANCIS BERNARD CAUNT EDUCATION TRUST
To provide financial assistance by means of grant loan or scholarship in such manner and to such individual young persons aged between 16 and 25 years who are (whose parents or guardians are) resident within a 12 mile radius of Newark Parish Church to pursue further or higher education.
Objects
TO PROVIDE FINANCIAL ASSISTANCE BY MEANS OF GRANT LOAN OR SCHOLARSHIP IN SUCH MANNER AND TO SUCH INDIVIDUAL YOUNG PERSONS AGED BETWEEN 16 AND 25 YEARS WHO ARE (OR WHOSE PARENTS OR GUARDIANS ARE) RESIDENT WITHIN A 12 MILE RADIUS OF NEWARK ON TRENT PARISH CHURCH TO PURSUE FURTHER OR HIGHER EDUCATION.
Financial health, per its FY2025 accounts
The accounts state that total funds at the end of the year were £1,559,273, with unrestricted funds of £68,647. The Trustees consider that the level of funds and expected income are sufficient to permit the Charity to continue in operation and meet its grant-making objectives.
What the accounts disclose
“Rental income 16,819” — page 7
“The Trustees aim to maintain free reserves in unrestricted funds at a level which equates to approximately one year of unrestricted charitable expenditure. The Trustees consider that this level will provide sufficient funds to respond to applications for grants and ensure that support and governance costs are covered.” — page 5
“The Chairman, Mrs D K Ryan is a partner of Larken & Co. Solicitors. During the year Larken & Co. Solicitors charged the Charity an amount of £3,900 (2024 - £3,600) for administration services.”
“During the year Larken & Co. Solicitors charged the Charity an amount of £3,900 (2024 - £3,600) for administration services. During the year a donation of £3,032 (2024 - £532) was receivable from Larken & Co. Solicitors.” — page 11
Policies the charity declares
- Internal charity financial controls policy and procedures
Trustees
- DENISE KATHRYN RYANchair
- CLIVE ROSSIN
- JOANNA PARLBY
- Kelvin Brian Rollitt
- Mark Brown
- NICHOLAS NEWSUM
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £63k | £61k |
| 05/04/2024 | £56k | £66k |
| 05/04/2023 | £46k | £54k |
| 05/04/2022 | £43k | £45k |
| 05/04/2021 | £48k | £54k |
Common questions
Is THE FRANCIS BERNARD CAUNT EDUCATION TRUST financially healthy?
Per its FY2025 accounts: The accounts state that total funds at the end of the year were £1,559,273, with unrestricted funds of £68,647. The Trustees consider that the level of funds and expected income are sufficient to permit the Charity to continue in operation and meet its grant-making objectives. Its FY2025 accounts were independently examined.