THE PLANK STEVENSON BURSARY
The charity's purposes which are entirely charitable under English Law are to advance the education of the public and / or to benefit the public in the village of Blackthorn by making grants to schools.
Financial health, per its FY2024 accounts
The charity reported a net expenditure of £1,704 for the year, resulting in a decrease in unrestricted reserves from £8,454 to £6,750. The trustees state they do not maintain a set amount in reserve but consider ongoing commitments annually. The accounts are prepared on a going concern basis with no material uncertainties identified.
What the accounts disclose
“The only costs of fund raising related to investment and advisory, totalling £123 (£85 in 2023).”
“A donation of £20,000 was received during the year, made by the Chair. No restrictions were placed on the donation received.” — page 14
“A payment of £1,800 (£1,440 in 2023) due to Rathbones Trust Company as at 31 October 2024 for professional services rendered.” — page 14
“A donation of £20,000 was received during the year, made by the Chair. No restrictions were placed on the donation received.” — page 14
“A payment of £1,800 (£1,440 in 2023) due to Rathbones Trust Company as at 31 October 2024 for professional services rendered.” — page 14
Trustees
- ALEXANDRINA AGNES STEVENSONchair
- Rathbones Trust Company Limited
- Rev CHRISTINE MARGARET GOLDIE
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/10/2025 | £20k | £16k |
| 31/10/2024 | £25k | £27k |
| 31/10/2023 | £31k | £26k |
| 31/10/2022 | £5k | £25k |
| 31/10/2021 | £6k | £31k |
Common questions
Is THE PLANK STEVENSON BURSARY financially healthy?
Per its FY2024 accounts: The charity reported a net expenditure of £1,704 for the year, resulting in a decrease in unrestricted reserves from £8,454 to £6,750. The trustees state they do not maintain a set amount in reserve but consider ongoing commitments annually. The accounts are prepared on a going concern basis with no material uncertainties identified. Its FY2024 accounts were independently examined.