THE ROWDOWN INSPIRE TO ASPIRE FOUNDATION
(1) to advance the education of children in New Addington who have an exceptional sporting, artistic or academic ability or talent by offering financial support to provide access to extra-curricular activities.(2) to encourage parents in New Addington to take an active interest in their child?s education including the training of parents in teaching and developmental skills.
Financial health, per its FY2025 accounts
The accounts state that the charity ended the financial year with £13,138 in cash reserves, which equates to 33.3% of annual expenditure and is slightly below the stated policy target of 35-50%. The trustees note that while fundraising shortfalls could impact stated aims, there is no risk to the charity as a going concern due to short-term commitments and negligible liquidity risk.
What the accounts disclose
“The remaining £17,500 was received from three charitable trusts: £5,000 Garfield Weston Foundation £10,000 Hargreaves Foundation £2,500 Grace Trust”
“The £13,138 cash reserves equates to 33.3% of 2024/25 annual expenditure, slightly outside the policy.”
Trustees
- Gary Coychair
- Dr KATHRYN GEE
- JILL O'NEILL
- MARION BURCHELL
- MELANIE HARTLEY
- MRS JANET PARSONS
- Martin Bibby
- PAULA GREENWOOD
- SARAH NIAS
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £34k | £39k |
| 31/03/2024 | £48k | £35k |
| 31/03/2023 | £29k | £35k |
| 31/03/2022 | £18k | £26k |
| 31/03/2021 | £31k | £21k |
Common questions
Is THE ROWDOWN INSPIRE TO ASPIRE FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that the charity ended the financial year with £13,138 in cash reserves, which equates to 33.3% of annual expenditure and is slightly below the stated policy target of 35-50%. The trustees note that while fundraising shortfalls could impact stated aims, there is no risk to the charity as a going concern due to short-term commitments and negligible liquidity risk. Its FY2025 accounts were independently examined.
Who funds THE ROWDOWN INSPIRE TO ASPIRE FOUNDATION?
Funders whose own accounts filings name THE ROWDOWN INSPIRE TO ASPIRE FOUNDATION as a grant recipient include THE GOSLING FOUNDATION LIMITED.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE GOSLING FOUNDATION LIMITED | FY2024 | £8k | General |