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THE BEACON BURSARY FUND (ICW THE BEACON BOYS PREPARATORY SCHOOL)

Registered charity 310643 · accounts filings on the Charity Commission register

The charity provides financial assistance in case of need for the education of pupils of the Beacon Educational Trust Ltd (The Beacon).

Causes: Education/training · website · Get email alerts

Latest income
£50k
Latest spending
£70k
Registered
1962
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a net movement in funds of -£38,353 for the year ended 5 April 2025, driven by a £18,541 loss on investment assets. Despite this deficit, unrestricted reserves remain at £632,125, which the trustees consider sufficient to meet future bursary demands and day-to-day expenditure. The trustees confirm that the charity is operating on a going concern basis with no material uncertainties identified.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: The Fund aims to maintain a cash allocation of between 10% and 15% of its total assets in its bank account in order to be able to make the bursary disbursements. (held: £632k)
“The Fund aims to maintain a cash allocation of between 10% and 15% of its total assets in its bank account in order to be able to make the bursary disbursements.”
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Grants of £60,748 (2024: £nil), were made to the Beacon Educational Trust as bursaries to support four families (2024: nil). In relation to these grants, there is an amount outstanding at the year-end of £25,161 (2024: £nil). Fiona Mayhew, a Trustee of the Beacon Bursary Fund, is also a Governor of The Beacon Educational Trust.
“Grants of £60,748 (2024: £nil), were made to the Beacon Educational Trust as bursaries to support four families (2024: nil). In relation to these grants, there is an amount outstanding at the year-end of £25,161 (2024: £nil). Fiona Mayhew, a Trustee of the Beacon Bursary Fund, is also a Governor of The Beacon Educational Trust. She stood down as a Governor on 31 August 2024.” — page 13
Per its FY2025 accounts as filed with the Charity Commission.

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

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

Trustees · trustee networks

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

Operates in: Buckinghamshire · Hertfordshire

Income and spending

Financial year endIncomeSpending
05/04/2025£50k£70k
05/04/2024£55k£8k
05/04/2023£45k£25k
05/04/2022£45k£13k
05/04/2021£45k£103k

Common questions

Is THE BEACON BURSARY FUND (ICW THE BEACON BOYS PREPARATORY SCHOOL) financially healthy?

Per its FY2025 accounts: The accounts state that the charity reported a net movement in funds of -£38,353 for the year ended 5 April 2025, driven by a £18,541 loss on investment assets. Despite this deficit, unrestricted reserves remain at £632,125, which the trustees consider sufficient to meet future bursary demands and day-to-day expenditure. The trustees confirm that the charity is operating on a going concern basis with no material uncertainties identified. Its FY2025 accounts were independently examined.