CLEVELAND SCIENTIFIC INSTITUTION
Advancement of metallurgical, mining, chemical, engineering and shipbuilding sciences. Provision of rooms for study and facilities for lectures. Making grants for research, or study solely or jointly with other bodies. Provision of grants to schools for the encouragement of science & engineering subjects. Provision of grants for students to attend university.
Financial health, per its FY2025 accounts
The accounts state that the charity generated £25,206 in investment income and incurred £21,289 in expenditure, resulting in a net increase in unrestricted funds of £3,917 for the year. The total net assets stood at £846,581, with the Trustees confirming that current funding is adequate to support operations for the medium term. The institution is not audited but undergoes an independent examination, with no material uncertainties regarding its going concern status disclosed.
What the accounts disclose
“Income for the year was £25,206 (2024: £31,010) all of which was from Investments — Interest from Government Securities and Share Dividends.” — page 11
Trustees
- Dr McGinnis
- MR HOWARD
- MR NORTHEY
- MR TICKNER
- Mr Heslop
- Stephen Pallant
- THOMAS BOWMAN BRADLEY
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/06/2025 | £25k | £21k |
| 30/06/2024 | £31k | £33k |
| 30/06/2023 | £32k | £20k |
| 30/06/2022 | £31k | £28k |
| 30/06/2021 | £32k | £24k |
Common questions
Is CLEVELAND SCIENTIFIC INSTITUTION financially healthy?
Per its FY2025 accounts: The accounts state that the charity generated £25,206 in investment income and incurred £21,289 in expenditure, resulting in a net increase in unrestricted funds of £3,917 for the year. The total net assets stood at £846,581, with the Trustees confirming that current funding is adequate to support operations for the medium term. The institution is not audited but undergoes an independent examination, with no material uncertainties regarding its going concern status disclosed. Its FY2025 accounts were independently examined.