WALTER BIGG FOUNDATION FOR WALLINGFORD SCHOOL
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves have declined significantly to £21,032, falling well below the Trustees' stated expectation of holding at least £300,000. Despite this low reserve position and a net expenditure on charitable activities, the Trustees confirm the charity has adequate resources to continue in operational existence for the foreseeable future.
What the accounts disclose
“The Trustees have in the past expected to hold at least £300,000 in free unrestricted reserves and this expectation compares with the actual free reserves of £21,032” — page 7
“The day to day management of the Charity is delegated to Bradestrete Services Ltd, a subsidiary of the Merchant Taylors’ Company.” — page 9
Corporate structure
- Trading subsidiary: BRADESTRETE SERVICES LIMITED Companies House 01797249
Trustees
- CLAIRE ELIZABETH HOLFORD
- CONOR O'CALLAGHAN
- Dr John Henry Sylvester Sichel
- JEREMY ST JOHN CUTHBERT
- JOHN PEEL
- NIGEL ERSKINE HUGHES
- Neil Thomas Carberry
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £129k | £166k |
| 31/03/2024 | £116k | £353k |
| 31/03/2023 | £118k | £150k |
| 31/03/2022 | £94k | £453k |
| 31/03/2021 | £98k | £26k |
Common questions
Is WALTER BIGG FOUNDATION FOR WALLINGFORD SCHOOL financially healthy?
The accounts state that unrestricted reserves have declined significantly to £21,032, falling well below the Trustees' stated expectation of holding at least £300,000. Despite this low reserve position and a net expenditure on charitable activities, the Trustees confirm the charity has adequate resources to continue in operational existence for the foreseeable future. Its FY2024 accounts were independently examined.