THE LINACRE INSTITUTE
The Charity exists to help students at state comprehensives in northern England access leading universities, where they are currently very under-represented.
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves stood at £101,610, a decrease from the previous year's £103,089. The trustees' report notes a policy to maintain prudent reserves balanced with applying resources to activities, without specifying a fixed target amount. The charity reported a net expenditure of £6,979 for the year, funded by donations and school fees.
What the accounts disclose
“The Institute's policy is to seek to maintain reserves at levels which the Trustees view as prudent in view of likely forthcoming costs and incoming funds.” — page 7
“Donations were received from two from trustees totalling £1,536 (2023 two trustee - £634). None of the trustee were paid (2023 One - £200) for fees as a Tutor.” — page 36
Trustees
- Beth Amelia Reynaertchair
- Jacqueline McRory
- Jennifer Upton
- LEWIS ATKINSON
- Matthew Gursky
- Robert Searle
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £125k | £132k |
| 31/12/2023 | £134k | £98k |
| 31/12/2022 | £119k | £88k |
| 31/12/2021 | £121k | £98k |
| 31/12/2020 | £56k | £50k |
Common questions
Is THE LINACRE INSTITUTE financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted reserves stood at £101,610, a decrease from the previous year's £103,089. The trustees' report notes a policy to maintain prudent reserves balanced with applying resources to activities, without specifying a fixed target amount. The charity reported a net expenditure of £6,979 for the year, funded by donations and school fees. Its FY2024 accounts were independently examined.
Who funds THE LINACRE INSTITUTE?
Funders whose own accounts filings name THE LINACRE INSTITUTE as a grant recipient include NORTHERN CONSORTIUM, THE LOVINGTON FOUNDATION, THE HARGREAVES FOUNDATION, NEWBY TRUST LIMITED, SHEFFIELD GRAMMAR SCHOOL EXHIBITION FOUNDATION.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| NORTHERN CONSORTIUM | FY2023 | £146k | Reach Higher Programme |
| NORTHERN CONSORTIUM | FY2025 | £20k | their Reach Higher programme, this funding (now in its third consecutive year) has enable 50 students from West Yorkshire schools to participate in the programm |
| NORTHERN CONSORTIUM | FY2024 | £15k | Reach Higher Programme |
| THE LOVINGTON FOUNDATION | FY2024 | £10k | |
| THE HARGREAVES FOUNDATION | FY2025 | £10k | |
| THE LOVINGTON FOUNDATION | FY2023 | £10k | |
| NEWBY TRUST LIMITED | FY2022 | £10k | Education |
| THE LOVINGTON FOUNDATION | FY2026 | £10k | |
| NEWBY TRUST LIMITED | FY2024 | £10k | Education |
| THE LOVINGTON FOUNDATION | FY2025 | £10k | |
| SHEFFIELD GRAMMAR SCHOOL EXHIBITION FOUNDATION | FY2025 | — |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| UK government | 13/08/2020 | £5k | VSCE CMC Fund |