BIKO BOWCOTT CHARITABLE TRUST FOUNDATION
The purpose of the charity is to provide resources for the formation and continuing re-formation of the ordained ministry of The Church Of The Province of South Africa.
Objects
THE EDUCATION AND CONTINUING FORMATION OF ORDAINED MINISTERS AND ASPIRING MINISTERS IN THE ANGLICAN COMMUNION IN PARTICULAR THE FOUR DIOCESES OF THE EASTERN CAPE IN THE CHURCH OF THE PROVINCE OF SOUTHERN AFRICA
Financial health, per its FY2025 accounts
The accounts state that the charity operated at a net deficit of £51,262 for the year ended 5 April 2025, driven by total expenditure exceeding income. Per the trustees' report, unrestricted reserves stood at £1,680,235, which the trustees note are held in the investment portfolio and cash at the bank. The trustees confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“The charity trustees have at this time no intention of growing the level of capital reserves of the charity.” — page 5
Policies the charity declares
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Investing charity funds policy and procedures
- Investment
- Risk management
- Safeguarding policy and procedures
Trustees
- FATHER George Guiverchair
- EDWARD ALAN SPEIGHT
- EMMA JULIET GERALDINE OLIVER
- REV DR STEPHEN CHRISTOPHER SPENCER
- THOMAS JAMES PONSONBY RAMSDEN
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £49k | £73k |
| 05/04/2024 | £46k | £65k |
| 05/04/2023 | £44k | £67k |
| 05/04/2022 | £34k | £68k |
| 05/04/2021 | £33k | £58k |
Common questions
Is BIKO BOWCOTT CHARITABLE TRUST FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that the charity operated at a net deficit of £51,262 for the year ended 5 April 2025, driven by total expenditure exceeding income. Per the trustees' report, unrestricted reserves stood at £1,680,235, which the trustees note are held in the investment portfolio and cash at the bank. The trustees confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were independently examined.