THE VENERABLE ENGLISH COLLEGE TRUST
Latest income
£456k
Latest spending
£715k
Registered
2011
Accounts read
FY2023
Financial health, per its FY2023 accounts
The accounts state that the charity reported a net movement in funds deficit of £194,846 for the year ended 31 August 2023, primarily due to a fall in investment value. The trustees confirmed the charity remains a going concern, citing the ready liquidity of fixed asset investments to meet liabilities as they fall due.
What the accounts disclose
Reserves policy: sufficient to cover its own management and administration costs and to respond to applications for grants which arise (held: £131k)
“It is the policy of the charity to maintain unrestricted funds, (including designated) which are the free funds of the charity, at a level sufficient to cover its own management and administration costs and to respond to applications for grants which arise.” — page 5
Per its FY2023 accounts as filed with the Charity Commission.
Trustees
- Bishop John Francis Sherrington
- Mary Susan Reynolds
- Most Reverend Mark O'Toole
- Rev Stephen Wei-Jon Wang
- Sr Jane Livesey
- The Most Reverend John Wilson
- Thomas Harrison
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £456k | £715k |
| 31/08/2024 | £212k | £259k |
| 31/08/2023 | £225k | £217k |
| 31/08/2022 | £439k | £364k |
| 31/08/2021 | £146k | £130k |
Common questions
Is THE VENERABLE ENGLISH COLLEGE TRUST financially healthy?
The accounts state that the charity reported a net movement in funds deficit of £194,846 for the year ended 31 August 2023, primarily due to a fall in investment value. The trustees confirmed the charity remains a going concern, citing the ready liquidity of fixed asset investments to meet liabilities as they fall due. Its FY2023 accounts were audited by Harrison Beale & Owen Limited.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| CATHOLIC CHARITABLE TRUST | 1 | £8k |
| THE SISTERS OF THE POOR CHILD JESUS | 1 | £6k |
| EDITH BESSIE GIBSON TRUST | 1 | £5k |