BECKETT'S AND SARGEANT'S EDUCATIONAL FOUNDATION
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?
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 |
|---|---|---|
| NNS FOUNDATION | 1 | £21.2m |
| Founders Pledge Ltd | 1 | £3.4m |