Charity Accounts Intelreading the accounts so you don’t have to

KEVICC Awards Foundation Trust

Registered charity 310026 · accounts filings on the Charity Commission register · also known as KEVIC FOUNDATION GOVERNORS, THE KING EDWARD VI COLLEGE EXHIBITION FOUNDATION, THE KING EDWARD VI SCHOOL EXHIBITION FOUNDATION

Latest income
£140k
Latest spending
£162k
Registered
1967
Accounts read
FY2023

Financial health, per its FY2023 accounts

The accounts state that unrestricted free reserves decreased to £122,592 from £176,145 in the prior year, resulting in an overall net loss of £243,998 due to investment revaluation deficits and grant expenditures. Despite this loss, the Trustees consider the overall financial position to be satisfactory and maintain that the Foundation has adequate resources to continue in operational existence for the foreseeable future.

What the accounts disclose

Reserves policy: maintained at a high level in order to generate sufficient investment income to be able to pay future grants and awards out of income (held: £123k)
“It is the policy of the Foundation that unrestricted, free reserves which have not been designated for a specific use should be maintained at a high level in order to generate sufficient investment income to be able to pay future grants and awards out of income” — page 5
Per its FY2023 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit).

Trustees

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

Operates in: Devon

Income and spending

Financial year endIncomeSpending
31/03/2025£140k£162k
31/03/2024£132k£119k
31/03/2023£135k£125k
31/03/2022£131k£111k
31/03/2021£123k£242k

Common questions

Is KEVICC Awards Foundation Trust financially healthy?

The accounts state that unrestricted free reserves decreased to £122,592 from £176,145 in the prior year, resulting in an overall net loss of £243,998 due to investment revaluation deficits and grant expenditures. Despite this loss, the Trustees consider the overall financial position to be satisfactory and maintain that the Foundation has adequate resources to continue in operational existence for the foreseeable future. Its FY2023 accounts were independently examined.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

FunderSimilar charities fundedAmount to them
ROYAL COMMISSION FOR THE EXHIBITION OF 18511£15k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with THE KING EDWARD VI HIGH SCHOOL FOR GIRLS BIRMINGHAM TRUST.