THE FERN PARTNERSHIP
5. The objects of the Charity are specifically restricted to the following: a. to advance the education of the pupils by raising funds for items and activities over and above these which the LEA provide for; b. in partnership with community organisations and businesses assist in developing the lives and well-being of the community;
Financial health, per its FY2023 accounts
The accounts state that the charity reported an operating surplus of £5,538 for the year ended 31 March 2023, with total unrestricted funds of £156,933. The trustees note that the charity is highly dependent on grant income to sustain its activities, as earned income alone would not allow the company to continue operating. Consequently, the board has agreed to maintain financial reserves to ensure main operations can continue for a period of three months in the event of funding difficulties.
What the accounts disclose
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Kelvin Joneschair
- David Owen Dean
- Heather Nicholas
- Howard Burge
- MICHELLE COBURN-HUGHES
- Michael Davies
- Nathan Prygodzicz
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £1.3m | £1.2m |
| 31/03/2024 | £995k | £991k |
| 31/03/2023 | £961k | £955k |
| 31/03/2022 | £899k | £881k |
| 31/03/2021 | £965k | £878k |
Common questions
Is THE FERN PARTNERSHIP financially healthy?
Per its FY2023 accounts: The accounts state that the charity reported an operating surplus of £5,538 for the year ended 31 March 2023, with total unrestricted funds of £156,933. The trustees note that the charity is highly dependent on grant income to sustain its activities, as earned income alone would not allow the company to continue operating. Consequently, the board has agreed to maintain financial reserves to ensure main operations can continue for a period of three months in the event of funding difficulties. Its FY2023 accounts were independently examined.