BISHOP WORDSWORTH EDUCATIONAL TRUST
Makes grants to C of E schools within the Diocese of Salisbury in support of Christian learning across the curriculum.
Financial health, per its FY2024 accounts
The accounts state that the charity recorded a surplus on normal activities of £3,490 and holds unrestricted resources of £83,291. The trustees consider there are no material uncertainties regarding the charity's ability to continue as a going concern. The primary financial risk identified is a total collapse of stock markets, which has been partially mitigated by holding investments in a property fund.
What the accounts disclose
“Income from investments during the year was £25,617 (2023 - £23,282 (rent and investment income)), which remain the Trust's main sources of income.” — page 2
“The Trust’s policy is to maintain its assets at the present level so as to generate an income in future years to support its objects.” — page 3
Trustees
- Katherine Louise Fitzsimmons
- Philip Musselwhite
- Rev Kelvin Inglis
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £26k | £22k |
| 31/12/2023 | £23k | £21k |
| 31/12/2022 | £28k | £22k |
| 31/12/2021 | £30k | £34k |
| 31/12/2020 | £28k | £3k |
Common questions
Is BISHOP WORDSWORTH EDUCATIONAL TRUST financially healthy?
Per its FY2024 accounts: The accounts state that the charity recorded a surplus on normal activities of £3,490 and holds unrestricted resources of £83,291. The trustees consider there are no material uncertainties regarding the charity's ability to continue as a going concern. The primary financial risk identified is a total collapse of stock markets, which has been partially mitigated by holding investments in a property fund. Its FY2024 accounts were independently examined.