RUTHERFORD BURSARY TRUST
Based on a legacy from Miss Rutherford we aim to provide bursary grants to young people aged 16 to 21 in Redcar, for educational, employment and training purposes.
Financial health, per its FY2025 accounts
The accounts state that the charity holds unrestricted funds of £104,545 as of March 2025, with no direct charitable expenditure recorded for the year. The trustees report that the primary legacy income is currently held up in probate, preventing the operation of bursaries until at least the second quarter of 2026.
What the accounts disclose
“The Income of the CIO shall be mainly from the Legacy of Miss P. Rutherford, interest or dividends associated with that, and from Donations made in the memory of Miss Rutherford of Redcar ex Principal of Rye Hills School.” — page 2
“This means that the Trustees cannot yet operate the giving of Bursaries until this is resolved hopefully during the second quarter of 2026” — page 2
Trustees
- Alan Thomas Gardner
- Sister Anita Catherine Smith
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £104k | £0 |
| 31/03/2024 | £0 | £0 |
| 31/03/2023 | £670 | £0 |
Common questions
Is RUTHERFORD BURSARY TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity holds unrestricted funds of £104,545 as of March 2025, with no direct charitable expenditure recorded for the year. The trustees report that the primary legacy income is currently held up in probate, preventing the operation of bursaries until at least the second quarter of 2026. Its FY2025 accounts were independently examined.