ST. NICHOLAS' EDUCATIONAL TRUST
TO PROMOTE THE EDUCATION OF YOUNG PERSONS WHO 1) ARE UNDER THE AGE OF 25; AND 2) ARE IN NEED OF FINANCIAL ASSISTANCE; AND 3) ARE RESIDENT IN THE CITY OF NEWCASTLE UPON TYNE
Objects
TO PROMOTE THE EDUCATION OF YOUNG PERSONS WHO:1) ARE UNDER THE AGE OF 25; AND2) ARE IN NEED OF FINANCIAL ASSISTANCE; AND3) ARE RESIDENT IN THE AREA OF BENEFIT.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net deficit of £78,571 for the year, driven by charitable expenditure exceeding investment income. Unrestricted reserves decreased significantly from £88,316 to £9,745, while endowment funds remained the primary asset base at £3,659,669. The trustees confirmed the going concern basis, citing adequate resources and investment surpluses to support future operations.
What the accounts disclose
“Current reserves of unrestricted funds will limit the ability of the Trustees to provide additional grants beyond the expected incoming resources.”
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Serious incident reporting policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 31/03/2025
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 31/03/2024
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 31/03/2023
- Grant-making is its main activity
Trustees
- JOHN WAUGH MBEchair
- ANNE TATE
- Brian Peacock
- FIONA JANE WATSON
- Herr Thomas Braun
- MICHAELA DAWN MARTIN
- NEIL DAVID JACKSON
- ROBERT LEE JOBLING
- SCOTT CRAWFORD MORRISON
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £115k | £193k |
| 31/03/2024 | £125k | £166k |
| 31/03/2023 | £128k | £107k |
| 31/03/2022 | £142k | £168k |
| 31/03/2021 | £119k | £102k |
Common questions
Is ST. NICHOLAS' EDUCATIONAL TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net deficit of £78,571 for the year, driven by charitable expenditure exceeding investment income. Unrestricted reserves decreased significantly from £88,316 to £9,745, while endowment funds remained the primary asset base at £3,659,669. The trustees confirmed the going concern basis, citing adequate resources and investment surpluses to support future operations. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE SIR JAMES KNOTT TRUST | 1 | £15k |
| SSP FOUNDATION | 1 | £1k |
Charities like this
- ST NICHOLAS GREEK ORTHODOX EDUCATIONAL CENTRE
- ST NICHOLAS WITH ST LEONARD EDUCATIONAL CHARITY
- THE ST. NICHOLAS CHURCH OF ENGLAND PRIMARY SCHOOL PARENTS TEACHER ASSOCIATION
- THE SAINT MICHAEL'S AND EXETER SCHOOLS CHARITY
- ST ANTHONY'S YOUTH EDUCATION AND SUPPORT
- CARLTON EDUCATIONAL CHARITY
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| ST. NICHOLAS' EDUCATIONAL TRUST | £115k | — | 0 | below | — | no doubt |
| ST NICHOLAS GREEK ORTHODOX EDUCATIONAL CENTRE | £118k | — | 0 | unclear | — | no doubt |
| ST NICHOLAS WITH ST LEONARD EDUCATIONAL CHARITY | £31k | — | 0 | unclear | — | no doubt |
| THE ST. NICHOLAS CHURCH OF ENGLAND PRIMARY SCHOOL PARENTS TEACHER ASSOCIATION | £82k | — | 0 | unclear | — | no doubt |
| THE SAINT MICHAEL'S AND EXETER SCHOOLS CHARITY | £35k | — | 0 | unclear | — | no doubt |
| ST ANTHONY'S YOUTH EDUCATION AND SUPPORT | £179k | — | 0 | below | — | no doubt |