DEVON EDUCATIONAL TRUST
THE PROVISION OF FINANCIAL ASSISTANCE FOR EDUCATIONAL PURPOSES TO PEOPLE UNDER THE AGE OF 25 WHO ARE OR HAVE BEEN RESIDENT IN DEVON
Objects
TO ACT AS A RESOURCE FOR YOUNG PEOPLE UP TO THE AGE OF 25 WHOSE NORMAL PLACE OF RESIDENCE IS WITHIN THE COUNTY OF DEVON BY PROVIDING FINANCIAL ASSISTANCE AS A MEANS OF:(A) ADVANCING IN LIFE AND HELPING YOUNG PEOPLE BY DEVELOPING THEIR SKILLS, CAPACITIES AND CAPABILITIES TO ENABLE THEM TO PARTICIPATE IN SOCIETY AS INDEPENDENT, MATURE AND RESPONSIBLE INDIVIDUALS;(B) ADVANCING EDUCATION;(C) PROVIDING RECREATIONAL AND LEISURE TIME ACTIVITY IN THE INTERESTS OF SOCIAL WELFARE FOR PEOPLE LIVING IN THE AREA OF BENEFIT WHO HAVE NEED BY REASON OF THEIR YOUTH, AGE, INFIRMITY OR DISABILITY, POVERTY OR SOCIAL AND ECONOMIC CIRCUMSTANCES WITH A VIEW TO IMPROVING THE CONDITIONS OF LIFE OF SUCH PERSONS.
Financial health, per its FY2025 accounts
The accounts state that the charity holds unrestricted funds of £1,580,854, derived primarily from investment dividends and interest. The Trustees have concluded that no reserves policy is needed as annual expenditure is geared to investment income, and they consider there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
Policies the charity declares
- Internal charity financial controls policy and procedures
- Investing charity funds policy and procedures
- Investment
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
Register events
- Received assets from another charity (19/11/2014)
Trustees
- MR K TURNERchair
- Councillor Heather Maureen Horner
- Councillor Michael Norman Mitchell
- Deborah Lynch
- Dr Karen Hinnells
- Elise Joanna Redman
- MATTHEW WHARF
- PAMELA FREEMAN
- Ronald Peart
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £53k | £57k |
| 31/12/2024 | £49k | £40k |
| 31/12/2023 | £50k | £50k |
| 31/12/2022 | £48k | £37k |
| 31/12/2021 | £42k | £25k |
Common questions
Is DEVON EDUCATIONAL TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity holds unrestricted funds of £1,580,854, derived primarily from investment dividends and interest. The Trustees have concluded that no reserves policy is needed as annual expenditure is geared to investment income, and they consider there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were independently examined.