THE ROWLAND EDUCATIONAL FOUNDATION
Financial health, per its FY2024 accounts
The accounts state that the charity holds unrestricted free reserves of £323,741, which the trustees consider sufficient given the availability of an expendable endowment fund of £9,833,557. The charity reported total incoming resources of £321,193 and total resources expended of £325,172, resulting in a net decrease in funds for the year. The trustees and auditor confirm there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“Given the availability of the expendable endowment fund the trustee does not consider that the charity needs to maintain any significant free reserves although they recognise that such reserves will arise from time to time.” — page 4
“During the year under review one of the trustees for the charity, Ludlow Trust Company Limited, charged fees for the provision of administrative services amounting to £35,610.” — page 14
“During the year under review one of the trustees for the charity, Ludlow Trust Company Limited, charged fees for the provision of administrative services amounting to £35,610. At the balance sheet date £8,173 is accrued and payable to the Ludlow Trust Company Limited. These fees are authorised under sections 3.16 and 6.1 of the trust deed.” — page 14
Register events
- Received assets from another charity (03/04/2019)
Trustees
- ANDA ROWLAND
- JOSIE ROWLAND
- Ludlow Trust Company Ltd
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 20/09/2025 | £378k | £194k |
| 20/09/2024 | £321k | £323k |
| 20/09/2023 | £236k | £200k |
| 20/09/2022 | £189k | £89k |
| 20/09/2021 | £203k | £250k |
Common questions
Is THE ROWLAND EDUCATIONAL FOUNDATION financially healthy?
The accounts state that the charity holds unrestricted free reserves of £323,741, which the trustees consider sufficient given the availability of an expendable endowment fund of £9,833,557. The charity reported total incoming resources of £321,193 and total resources expended of £325,172, resulting in a net decrease in funds for the year. The trustees and auditor confirm there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2024 accounts were audited by Blue Spire Limited.