BECKETT'S AND SARGEANT'S EDUCATIONAL FOUNDATION
PROMOTING THE EDUCATION OF PERSONS UNDER THE AGE OF 25 YEARS WHO ARE IN NEED OF FINANCIAL ASSISTANCE AND WHO ARE RESIDENT IN THE BOROUGH OF NORTHAMPTON AND ARE ATTENDING SCHOOLS OR FULL TIME COURSE OF EDUCATION, TO INCLUDE NORTHAMPTON UNIVERSITY WITHIN THE BOROUGH OF NORTHAMPTON.
Financial health, per its FY2024 accounts
The accounts state that general unrestricted reserves stood at £3,885,506, with liquid reserves of £245,118 covering management expenditure against total expenses of £182,638. The charity generated a net income of £101,324 from investment assets, maintaining a strong financial position with no material uncertainties regarding its ability to continue as a going concern.
What the accounts disclose
“It is the policy of the charity to hold the property and CAF Gold account to generate (taking one year with another) sufficient income to continue current levels of grant making in real terms. A balance is held in liquid funds to cover management expenditure as and when it arises.” — page 4
Trustees
- DAVID JOHN SMITHchair
- Dr May Lee
- Ian James
- Jane Birch
- John Rhys Morris
- MR D J Lett
- RICHARD ANDREW COWLING
- Rev OLIVER COSS
- Susan Lamb
- THE VENERABLE RICHARD JEREMY ORMSTON Archdeacon
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £284k | £183k |
| 31/12/2023 | £268k | £177k |
| 31/12/2022 | £234k | £239k |
| 31/12/2021 | £204k | £186k |
| 31/12/2020 | £203k | £189k |
Common questions
Is BECKETT'S AND SARGEANT'S EDUCATIONAL FOUNDATION financially healthy?
Per its FY2024 accounts: The accounts state that general unrestricted reserves stood at £3,885,506, with liquid reserves of £245,118 covering management expenditure against total expenses of £182,638. The charity generated a net income of £101,324 from investment assets, maintaining a strong financial position with no material uncertainties regarding its ability to continue as a going concern. Its FY2024 accounts were audited by Shaw Gibbs (Audit) Limited.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| Insurance Industry Charitable Foundation UK | 1 | £81k |
| THE WILSON FOUNDATION | 1 | £80k |
| NORTHAMPTONSHIRE COMMUNITY FOUNDATION | 1 | £44k |
| THE OPENWORK FOUNDATION | 1 | £35k |
| THE CONSTANCE TRAVIS CHARITABLE TRUST | 1 | £30k |
| EDITH MURPHY FOUNDATION | 1 | £15k |
| THE DAVIDGE USHER TRUST | 1 | £5k |
| DAVID LAING FOUNDATION | 1 | £5k |
Charities like this
- HUMAN PRACTICE FOUNDATION UK
- NORTHAMPTON SAINTS FOUNDATION
- MERCHANT TAYLORS' EDUCATIONAL TRUST
- MAGDALEN AND LASHER EDUCATIONAL FOUNDATION
- NORTHAMPTON OLD GRAMMAR SCHOOL FOUNDATION
- NORTHAMPTON STUDENTS' UNION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| BECKETT'S AND SARGEANT'S EDUCATIONAL FOUNDATION | £284k | — | 0 | unclear | — | no doubt |
| HUMAN PRACTICE FOUNDATION UK | £184k | — | 0 | unclear | — | no doubt |
| NORTHAMPTON SAINTS FOUNDATION | £1.8m | — | — | unclear | — | no doubt |
| MERCHANT TAYLORS' EDUCATIONAL TRUST | £336k | — | 0 | below | — | no doubt |
| MAGDALEN AND LASHER EDUCATIONAL FOUNDATION | £305k | — | 0 | unclear | — | no doubt |
| NORTHAMPTON OLD GRAMMAR SCHOOL FOUNDATION | £395k | — | 0 | unclear | — | no doubt |