ESS EDUCATION AND SUPPORT SERVICES
Financial health, per its FY2024 accounts
The accounts state that the charity reported a surplus for the year, with total income of £230,290 against total expenditure of £217,076. However, the trustees report that the charity holds zero unrestricted reserves, which is below the stated policy target of three months of operational costs. The charity relies heavily on grants and fundraising, noting that these income sources are subject to variability.
What the accounts disclose
“The policy mandates maintaining enough reserves to cover at least three months of operational expenses.” — page 7
“During the year, one Trustee loaned the charity £20,000 interest free, with no fixed repayment terms. Repayment is dependent solely upon the financial health of the charity and will be assessed periodically.” — page 20
“During the year, one Trustee gifted assets valued at £13,102 to the charity.” — page 20
“During the year, one Trustee loaned the charity £20,000 interest free, with no fixed repayment terms. Repayment is dependent solely upon the financial health of the charity and will be assessed periodically.” — page 20
“During the year, one Trustee gifted assets valued at £13,102 to the charity.” — page 20
Trustees
- Cllr Roger Keen
- David Brassington
- Oliver Cogger
- Owen Jandell
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/09/2024 | £230k | £217k |
Common questions
Is ESS EDUCATION AND SUPPORT SERVICES financially healthy?
The accounts state that the charity reported a surplus for the year, with total income of £230,290 against total expenditure of £217,076. However, the trustees report that the charity holds zero unrestricted reserves, which is below the stated policy target of three months of operational costs. The charity relies heavily on grants and fundraising, noting that these income sources are subject to variability. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| HABERDASHERS' ASKE'S CHARITY | 1 | £500k |
| MENDAN LIMITED | 1 | £27k |
| THE MUSIC IN SECONDARY SCHOOLS TRUST | 1 | £24k |
| SAYSER DEVELOPMENTS LTD | 1 | £21k |
| DUCHY HEALTH CHARITY LIMITED | 1 | £20k |
| S C K CHARITABLE TRUST | 1 | £11k |
| THE CLARE MILNE TRUST | 1 | £8k |
| KEREN TRUST | 1 | £4k |