THE NEWMAN FUND
Receiving donations to assist the Oratory Catholic Primary School London
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves stood at £88,140.53 at the end of the financial year, representing an increase from the previous year's balance. The charity reports no reserves policy, stating it 'does not have a reserve amount at the bank.' Income was derived solely from donations and Gift Aid, with the majority of funds transferred to the school to cover operational expenses.
What the accounts disclose
Trustees
- Alice Steinart
- Rev Dr Uwe Michael Lang
- Rev Jacopo Richard Tabarelli
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £89k | £96k |
| 31/12/2023 | £74k | £46k |
| 31/12/2022 | £48k | £56k |
| 31/12/2021 | £47k | £34k |
| 31/12/2020 | £37k | £29k |
Common questions
Is THE NEWMAN FUND financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted reserves stood at £88,140.53 at the end of the financial year, representing an increase from the previous year's balance. The charity reports no reserves policy, stating it 'does not have a reserve amount at the bank.' Income was derived solely from donations and Gift Aid, with the majority of funds transferred to the school to cover operational expenses. Its FY2024 accounts were independently examined.