RATHMELL SCHOOL TRUST
The object of the charity is to protect and care for all the property and grounds known as and associated with Rathmell School Trust. This includes the former primary school, the School House and Schoolands Field and the provision of facilities to support the enrichment of the local community.
Financial health, per its FY2024 accounts
The accounts state that the charity's unrestricted funds increased from £50,749 to £89,058 during the year, with total receipts of £99,581 and total payments of £91,034. The trustees report that the trust is financially strong and can meet all its commitments as required, supported by rental income and community activities.
What the accounts disclose
“Prudent financial management ensures we retain at least one third of our annual revenue as reserves.” — page 5
“The charity received donations and other funds from crowd-funding and other campaigns towards the unexpected cost of legal fees to defend and protect the trustees against the legal action taken by LDBF against the trustees personally.” — page 5
“Leeds Diocese Board of Finance Ltd (LDBF) disputed the Reverter Claim accepted by the Trustees for the site of the village school built in 1874/5 and so in March 2023 LDBF raised a claim in Leeds High Court against the Trustees personally, papers were served in June 2023 and the case was scheduled in Leeds High Court in April 2024.” — page 2
Trustees
- Rosemary Hyslopchair
- Jacqueline Frankland
- Keith Mothersdale
- Paul Askey
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £100k | £91k |
| 31/12/2023 | £51k | £64k |
| 31/12/2022 | £27k | £21k |
| 31/12/2021 | £45k | £48k |
| 31/12/2020 | £35k | £21k |
Common questions
Is RATHMELL SCHOOL TRUST financially healthy?
Per its FY2024 accounts: The accounts state that the charity's unrestricted funds increased from £50,749 to £89,058 during the year, with total receipts of £99,581 and total payments of £91,034. The trustees report that the trust is financially strong and can meet all its commitments as required, supported by rental income and community activities. Its FY2024 accounts were independently examined.