ST FRANCIS' FUND (NEWHAM)
To advance the education of the pupils at Francis' Catholic Primary School, Newham by providing and assisting in the provision of educational, recreational and other charitable facilities in augmentation of the funds provided by the local education authority and the Department of Education.
Financial health, per its FY2025 accounts
The accounts state that the charity holds unrestricted reserves of £10,910.22, which exceeds its stated policy target of maintaining no less than £5,000. The charity reports a surplus for the period, with total income of £30,594.63 and total expenditure of £31,704.36 resulting in a net decrease in funds, though the balance sheet shows a positive cash position.
What the accounts disclose
“The aim is to maintain a balance of no less than £5,000 in order to be able to meet most eventualities for the maintenance of the House.”
“The St Francis’ Fund work is reliant on income from the school house and money collected in school for other charities (SORP Para 1.47).” — page 7
“The Head Teacher declared that her husband’s company Xenogenesis supported the Year 6 residential course.” — page 4
Trustees
- AWELE NKEMNACHO
- Celia Willson
- EMMANUEL FALUSI
- Joseph Kiernan
- Lois ELIAS
- MARIAN THORN
- NATASHA SCOTT
- OMOTOKE ALABEDE
- Prudence Rangwanasha
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £29k | £28k |
| 31/03/2024 | £27k | £42k |
| 31/03/2023 | £28k | £8k |
| 31/03/2022 | £28k | £37k |
| 31/03/2021 | £23k | £75k |
Common questions
Is ST FRANCIS' FUND (NEWHAM) financially healthy?
Per its FY2025 accounts: The accounts state that the charity holds unrestricted reserves of £10,910.22, which exceeds its stated policy target of maintaining no less than £5,000. The charity reports a surplus for the period, with total income of £30,594.63 and total expenditure of £31,704.36 resulting in a net decrease in funds, though the balance sheet shows a positive cash position. Its FY2025 accounts were audited by Rupert Jones Financial Services Limited.