Wells Blue School Charity

Registered charity 310266 · accounts filings on the Charity Commission register · also known as THE FOUNDATION, WELLS BLUE SCHOOL

Administration of Foundation income and assets; decisions on spending of income according to Scheme of Foundation in support of the school and its students.

Objects

THE OBJECTS OF THE CHARITY ARE, FOR THE PUBLIC BENEFIT, TO ADVANCE EDUCATION THROUGH(1) THE PROVISION OF ITEMS, SERVICES AND FACILITIES FOR THE SCHOOL; AND(2) PROMOTING THE EDUCATION OF PERSONS WHO ARE IN NEED OF FINANCIAL ASSISTANCE IN THE FOLLOWING ORDER OF PRIORITY:(A) PERSONS WHO ARE ATTENDING THE SCHOOL; AND(B) PERSONS WHO HAVE AT ANY TIME ATTENDED THE SCHOOL.IN SUCH WAYS AS THE TRUSTEES THINK FIT INCLUDING BYI. AWARDING TO SUCH PERSONS SCHOLARSHIPS, MAINTENANCE ALLOWANCES OR GRANTS TENABLE AY ANY UNIVERSITY, COLLEGE OR INSTITUTION OF FURTHER OR HIGHER EDUCATION;II. PROVIDING THEIR EDUCATION (INCLUDING THE STUDY OF MUSIC OR OTHER ARTS), TO UNDERTAKE TRAVEL IN FURTHERANCE OF THAT EDUCATION OR TO PREPARE FOR ENTRY TO ANY OCCUPATION, TRADE OR PROFESSION ON LEAVING ANY EDUCATIONAL ESTABLISHMENT.

Area of benefit: SOMERSET

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: Education/training · website · Get email alerts

Latest income
£98k
Latest spending
£33k
Registered
1967
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity holds total unrestricted free reserves of £10,460, which is below its stated policy target of approximately 12 months of unrestricted expenditure. Despite this, the trustees confirm the charity is in a strong position to continue its activities and that assets are adequate to fulfil obligations.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: approximately 12 months unrestricted expenditure (held: £10k)
“It is the charity's policy to maintain unrestricted funds, which are the free reserves of the charity at a level which equates to approximately 12 months unrestricted expenditure” — page 5
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: The charity awarded the Blue School £27,932 in support of projects for the year as disclosed in note 5.
“The charity awarded the Blue School £27,932 in support of projects for the year as disclosed in note 5.” — page 18
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

Public profiles (found on the charity’s own website): facebook

Trustees · trustee networks

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

Operates in: Somerset

Income and spending

Financial year endIncomeSpending
31/12/2024£98k£33k
31/12/2023£197k£30k
31/12/2022£36k£14k
31/12/2021£35k£68k
31/12/2020£27k£30k

Common questions

Is Wells Blue School Charity financially healthy?

Per its FY2024 accounts: The accounts state that the charity holds total unrestricted free reserves of £10,460, which is below its stated policy target of approximately 12 months of unrestricted expenditure. Despite this, the trustees confirm the charity is in a strong position to continue its activities and that assets are adequate to fulfil obligations. Its FY2024 accounts were independently examined.