THE CELINE EDUCATIONAL TRUST
The CIO will provide grants to tertiary education students who might otherwise not take up a university place due to financial or other circumstances
Financial health, per its FY2025 accounts
The accounts state that the Trust's work was primarily dependent on donations from its founder and investment income, which provided sufficient funding to meet financial outgoings. The charity holds unrestricted reserves of £11,573 and has a loan liability of £257,500 from the founder, which is anticipated to be gradually written off. The independent examiner confirmed that no material matters came to their attention during the examination of the accounts.
What the accounts disclose
“The Trust’s founder elected to convert £110,000 of the existing loan to be an expendable endowment to the Trust. The interest free loan now stands at £257,500.” — page 4
“The Trust’s founder elected to convert £110,000 of the existing loan to be an expendable endowment to the Trust.” — page 4
“The Trust’s founder elected to convert £110,000 of the existing loan to be an expendable endowment to the Trust. The interest free loan now stands at £257,500.” — page 4
“The Trust’s founder elected to convert £110,000 of the existing loan to be an expendable endowment to the Trust.” — page 4
Trustees
- Julia Boddy MSc PGCEchair
- Emmett Karen Anna BA
- Penny Rundle BA
- Robert James Day
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 28/04/2025 | £51k | £53k |
| 28/04/2024 | £54k | £55k |
| 28/04/2023 | £49k | £43k |
| 28/04/2022 | £32k | £24k |
| 28/04/2021 | £11k | £10k |
Common questions
Is THE CELINE EDUCATIONAL TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the Trust's work was primarily dependent on donations from its founder and investment income, which provided sufficient funding to meet financial outgoings. The charity holds unrestricted reserves of £11,573 and has a loan liability of £257,500 from the founder, which is anticipated to be gradually written off. The independent examiner confirmed that no material matters came to their attention during the examination of the accounts. Its FY2025 accounts were independently examined.