THE BUNAC EDUCATIONAL SCHOLARSHIP TRUST

Registered charity 295868 · accounts filings on the Charity Commission register

The principal activity is the advancement of education by granting scholarships and grants to persons to pursue courses of approved study or research. Grants and Travel Awards have been made to people from Britain starting such courses in the USA and Canada.

Objects

THE ADVANCEMENT OF EDUCATION BY GRANTING AND PAYING SCHOLARSHIPS AND GRANTS TO PERSONS TO PURSUE COURSES OF APPROVED STUDY OR RESEARCH ALL SUCH RECIPIENTS OF SUCH SCHOLARSHIPS AND GRANTS BEING AS SELECTED BY THE EXECUTIVE COMMITEE AND SUCH SCHOLARSHIPS AND GRANTS TO BE GRANTED IN ACCORDANCE WITH THE REGULATIONS CONTAINED IN THE SCHEDULE.

Area of benefit: NOT DEFINED

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

Causes: Education/training · Get email alerts

Latest income
£69k
Latest spending
£88k
Registered
1987
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity holds unrestricted reserves of £2,069,902 against a policy target of sufficient reserves to meet operational needs for at least the forthcoming year. The trustees consider the going concern concept appropriate, noting sufficient assets to fulfill obligations despite a net outgoing resource of £19,627 for the year. Investment values increased beyond the £2 million mark, contributing to the overall financial strength reported.

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

What the accounts disclose

Reserves policy: sufficient reserves to enable it to meet the operational needs of the Charity for at least the forthcoming year (held: £2.1m)
“It is the policy of the Trustees to ensure that the Trust holds sufficient reserves to enable it to meet the operational needs of the Charity for at least the forthcoming year.” — page 5
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 4 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.

Trustees · trustee networks

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

Operates in: Northern Ireland · Scotland · Throughout England And Wales

Income and spending

Financial year endIncomeSpending
30/09/2025£69k£88k
30/09/2024£68k£84k
30/09/2023£64k£70k
30/09/2022£59k£62k
30/09/2021£55k£9k

Common questions

Is THE BUNAC EDUCATIONAL SCHOLARSHIP TRUST financially healthy?

Per its FY2025 accounts: The accounts state that the charity holds unrestricted reserves of £2,069,902 against a policy target of sufficient reserves to meet operational needs for at least the forthcoming year. The trustees consider the going concern concept appropriate, noting sufficient assets to fulfill obligations despite a net outgoing resource of £19,627 for the year. Investment values increased beyond the £2 million mark, contributing to the overall financial strength reported. Its FY2025 accounts were independently examined.