HINCHLEY WOOD SCHOOL DEVELOPMENT FUND
Financial health, per its FY2023 accounts
The accounts state that the charity achieved a net surplus of £52,815 for the year ended 31 March 2023, resulting in total unrestricted reserves of £265,674. The trustees report that the charity has no running costs and restricts its donations exclusively to the school, viewing the trust as not subject to significant risks other than the security of funds on deposit.
What the accounts disclose
“The Trust policy for reserves is that all its assets are available for donatIon to the School, the distribution of which is defined by project activities as speciffed by the School.”
Trustees
- AIDAN PATRICK FUDGEchair
- Alexander William Knight
- Martin Andrew Phelps
- PETER JAMES DRYSDALE
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £123k | £92k |
| 31/03/2024 | £120k | £62k |
| 31/03/2023 | £115k | £62k |
| 31/03/2022 | £99k | £94k |
| 31/03/2021 | £108k | £57k |
Common questions
Is HINCHLEY WOOD SCHOOL DEVELOPMENT FUND financially healthy?
The accounts state that the charity achieved a net surplus of £52,815 for the year ended 31 March 2023, resulting in total unrestricted reserves of £265,674. The trustees report that the charity has no running costs and restricts its donations exclusively to the school, viewing the trust as not subject to significant risks other than the security of funds on deposit. Its FY2023 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE TOMLINSON FAMILY CHARITABLE TRUST | 1 | £225k |
| MATER ECCLESIAE CIO | 1 | £50k |
| The Brindle Foundation | 1 | £14k |
| DAVID FORBES-NIXON FAMILY CHARITABLE FOUNDATION | 1 | £9k |