KING EDWARD VI SHELDON HEATH ENDOWMENT FUND

Registered charity 1197289 · accounts filings on the Charity Commission register

Support the pupils of King Edward VI Sheldon Heath Academy through grants and donations to the school

Objects

1. THE TRUSTEE SHALL HOLD THE ENDOWMENT FUND ON THE FOLLOWING DECLARED TRUSTS: 1.1 THE INCOME OF ENDOWMENT FUND ARISING DURING EACH YEAR (BEING TWELVE MONTHS FROM THE DATE OF THIS DEED AND EACH TWELVE MONTH PERIOD THEREAFTER) SHALL BE APPLIED BY THE TRUSTEE TO ADVANCE EDUCATION FOR THE BENEFIT OF THE COMMUNITY OF BIRMINGHAM INCLUDING BUT WITHOUT LIMITATION BY: (I) ASSISTING AND SUPPORTING THE EDUCATION OF STUDENTS AT THE SCHOOL INCLUDING THE PROVISION OF AWARDS, PRIZES OR OTHER REWARDS; (II) RELIEVING THE FINANCIAL HARDSHIP OF PUPILS AND EX-PUPILS OF THE SCHOOL BY THE PROVISION OF BURSARIES, SCHOLARSHIPS, EQUIPMENT OR IN ANY OTHER WAY THE TRUSTEE THINKS FIT TO ENABLE THEM TO PURSUE THEIR EDUCATION; (III) PROVIDING GRANTS OR OTHER FINANCIAL ASSISTANCE TO ASSIST PUPILS IN FINANCIAL NEED TO UNDERTAKE EXTRA-CURRICULAR ACTIVITIES (INCLUDING EDUCATIONAL TRAVEL IN THE UNITED KINGDOM OR OVERSEAS); (IV) PROVIDING OR ASSISTING IN THE PROVISION OF SERVICES OR FACILITIES AT THE SCHOOL NOT PROVIDED FOR UNDER THE FUNDING AGREEMENT; (V) FOSTERING CLOSER TIES BETWEEN THE SCHOOL AND COMMUNITY, INCLUDING PROMOTING EDUCATION IN THE COMMUNITY SERVED BY THE SCHOOL. PROVIDED THAT IN CARRYING OUT THE FOREGOING DECLARED TRUSTS THE TRUSTEE MUST (WHERE APPLICABLE) HAVE REGARD TO ANY RELEVANT GUIDANCE ISSUED BY THE SECRETARY OF STATE FROM TIME TO TIME ON THE EXPENDITURE OF INCOME ARISING ON ENDOWMENT FUNDS.

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: Education/training · Disability · website · Get email alerts

Financial health, per its FY2025 accounts

The accounts state that the charity maintains adequate resources to continue as a going concern with no material uncertainties identified. The Endowment Fund's total net assets increased to £2,281,000, while the Charitable Fund's restricted reserves fell to £52,000, which is below the stated policy target of £75,000. The trustees are actively reviewing the investment portfolio and restricting grant distributions to rebuild reserves in line with policy.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

• Financial reserves policy and procedures
• Internal charity financial controls policy and procedures
• Investing charity funds policy and procedures

Public profiles (found on the charity’s own website): facebook · instagram

Trustees · trustee networks

• King Edward VI Sheldon Heath Charitable Fund

Trustee list from the Charity Commission register (current, not historical).

Operates in: Birmingham City

Income and spending

Common questions