CLIFTON COLLEGE ENDOWMENT FUND
Latest income
£170k
Latest spending
£231k
Registered
2006
Accounts read
FY2024
Financial health, per its FY2024 accounts
The accounts state that total funds increased to £6,141,227, driven by a net movement in funds of £398,750. The charity holds £235,380 in free reserves, which is above its stated policy target of approximately £161,000. The trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
Reserves policy: one year's worth of scholarships (approximately £161,000) (held: £235k)
“It is the policy of the charity to maintain sufficient reserves to cover one years' worth of scholarships (approximately £161,000).” — page 5
Per its FY2024 accounts as filed with the Charity Commission.
Funders the charity credits
- Jonathan Glassberg
Structured financials (annual return, FY ending 31/12/2022)
Total income
£657k
Total spending
£202k
Cost of raising funds
£37k
Reserves (reported)
£842k
Employees
0
Trustees
- Alexander Turco
- Andrew Rudge
- Benjamin Philip Preston
- MARK GRAHAM ELDRIDGE
- Major Jeremy Dawson Walters
- Matthew John Howard-Cairns
- Rachel Morris
- Simon John Millington Reece
- William Hockey
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £170k | £231k |
| 31/12/2023 | £155k | £218k |
| 31/12/2022 | £657k | £202k |
| 31/12/2021 | £376k | £196k |
| 31/12/2020 | £176k | £164k |
Common questions
Is CLIFTON COLLEGE ENDOWMENT FUND financially healthy?
The accounts state that total funds increased to £6,141,227, driven by a net movement in funds of £398,750. The charity holds £235,380 in free reserves, which is above its stated policy target of approximately £161,000. The trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE TOMLINSON FAMILY CHARITABLE TRUST | 1 | £225k |
| THE AURUM CHARITABLE TRUST | 1 | £40k |
| E B M CHARITABLE TRUST | 1 | £20k |
| The Brindle Foundation | 1 | £14k |
| DAVID FORBES-NIXON FAMILY CHARITABLE FOUNDATION | 1 | £9k |
| THE WILLIE AND MABEL MORRIS CHARITABLE TRUST | 1 | £1k |