EXWICK OLD SCHOOL TRUST
The advancement of education, (including Christian religious education), for the public, of persons in the area of benefit. The area of benefit is the ecclesiastical parish of Exwick.
Financial health, per its FY2025 accounts
The accounts state that the charity's primary income is derived from market rent on its sole asset, the Exwick Old School premises. The trustees report that the charity has no financial deficits and has paid off all previous business loans. The charity maintains a reserve policy, currently holding £25,000 with a target to increase this to £40,000 for unforeseen expenditure.
What the accounts disclose
“The Trust’s main source of funds is rental income from its sole asset - the Exwick Old School.”
“Its policy is to gradually increase this reserve to £40,000.”
Trustees
- DAVID SOLMAN
- Rev Ed Hodges
- Richard John Jennings
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/05/2025 | £30k | £13k |
| 31/05/2024 | £29k | £28k |
| 31/05/2023 | £29k | £19k |
| 31/05/2022 | £31k | £20k |
| 31/05/2021 | £31k | £15k |
Common questions
Is EXWICK OLD SCHOOL TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity's primary income is derived from market rent on its sole asset, the Exwick Old School premises. The trustees report that the charity has no financial deficits and has paid off all previous business loans. The charity maintains a reserve policy, currently holding £25,000 with a target to increase this to £40,000 for unforeseen expenditure.