THE SEKFORDE HOUSE TRUST
The charity exists to advance education by making grants to students in financial difficulty to help them achieve their potential
Objects
THE OBJECTS OF THE CHARITY (THE ÔOBJECTSÖ) ARE, FOR THE PUBLIC BENEFIT, ANYWHERE IN THE WORLD TO ADVANCE SUCH CHARITABLE PURPOSES (ACCORDING TO THE LAW OF ENGLAND AND WALES) AS THE TRUSTEES SEE FIT FROM TIME TO TIME, IN PARTICULAR BUT NOT LIMITED TO ADVANCING EDUCATION BY ENABLING ACCESS TO EDUCATIONAL ESTABLISHMENTS THROUGH THE PROVISION OF FINANCIAL SUPPORT.
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves decreased significantly from £317,204 to £168,416 due to a net movement in funds of £148,788, largely driven by grant expenditures and asset disposals. The trustees report that the level of funds held is sufficient to meet expected income and expenditure for the next 12 months, with no material uncertainties identified regarding the charity's ability to continue as a going concern.
What the accounts disclose
“Charitable Gift from D Lonsdale 77,666”
“In 2021, The Sekforde House Trust was gifted a 30 year leasehold in a property at 35B Tierney Road, London by one of it's Trustees, David Lonsdale. This property has been used to generate annual rental income in prior years (2024: £14,400). This property was sold during the year.” — page 18
“At year ended 29 February 2025, the balance owed to the charity by David is £5,050 (2024: £Nil)” — page 18
“In 2021, The Sekforde House Trust was gifted a 30 year leasehold in a property at 35B Tierney Road, London by one of it's Trustees, David Lonsdale. This property has been used to generate annual rental income in prior years (2024: £14,400). This property was sold during the year.” — page 18
“At year ended 29 February 2025, the balance owed to the charity by David is £5,050 (2024: £Nil)” — page 18
Policies the charity declares
- Complaints handling
- Conflicting interests
- Engaging external speakers at charity events policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
Corporate structure
- Registered company of the charity Companies House 10633216
Company officers (Companies House)
- KOSTOV, Mihail on trustee list
- LONSDALE, David on trustee list
- LONSDALE, David
Trustees
- DAVID LONSDALEchair
- MIHAIL KOSTOV
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 28/02/2025 | £96k | £168k |
| 29/02/2024 | £137k | £137k |
| 28/02/2023 | £15k | £210k |
| 28/02/2022 | £313k | £145k |
| 28/02/2021 | £0 | £103k |
Common questions
Is THE SEKFORDE HOUSE TRUST financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves decreased significantly from £317,204 to £168,416 due to a net movement in funds of £148,788, largely driven by grant expenditures and asset disposals. The trustees report that the level of funds held is sufficient to meet expected income and expenditure for the next 12 months, with no material uncertainties identified regarding the charity's ability to continue as a going concern. Its FY2025 accounts were independently examined.