THE ROBERT FORD SCHOLARSHIP FOR CREATIVE DESIGN
To help the students of the late MR R Fords former school in their education especially those undertaking study of subjects falling under the description of creative design. However, he left it to the discretion of the Trustees that the fund may be used to advance any other educational purpose which is charitable for the benefit of the public as the trustees may in their discretion think fit
Financial health, per its FY2025 accounts
The accounts state that total unrestricted reserves stood at £1,639,009, which is in excess of the trustees' policy target of six months' approved expenditure. However, the charity reported a net movement in funds of a loss of £70,529 for the year, driven by charitable expenditure exceeding income from donations and investments.
What the accounts disclose
“The trustees aim to maintain free reserves in unrestricted funds at a level deemed necessary to cover approved expenditure for the next 6 months.” — page 5
“During the year ended 5 April 2025, A Carey was paid £27,832 (2024: £18,120) in relation to professional services, charged at pre-agreed rates.” — page 18
Trustees
- Andrew Nicholas Shaun Careychair
- David Newman
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £51k | £115k |
| 05/04/2024 | £71k | £72k |
| 05/04/2023 | £23k | £59k |
| 05/04/2022 | £51k | £70k |
| 05/04/2021 | £20k | £48k |
Common questions
Is THE ROBERT FORD SCHOLARSHIP FOR CREATIVE DESIGN financially healthy?
Per its FY2025 accounts: The accounts state that total unrestricted reserves stood at £1,639,009, which is in excess of the trustees' policy target of six months' approved expenditure. However, the charity reported a net movement in funds of a loss of £70,529 for the year, driven by charitable expenditure exceeding income from donations and investments. Its FY2025 accounts were independently examined.