THE CANEWDON EDUCATIONAL FOUNDATION
to provide grants for educational purposes for persons up to 25 years old living in the parish of canewdon
Objects
1.THE TRUSTEES SHALL FIRST DEFRAY OUT OF THE INCOME OF THE CHARITY THE COST OF MAINTAINING THE PROPERTY OF THE CHARITY (INCLUDING THE REPAIR AND INSURANCE OF ANY BUILDINGS THEREON) AND ALL OTHER CHARGES AND OUTGOINGS PAYABLE IN RESPECT THEREOF AND ALL THE PROPER COSTS, CHARGES AND EXPENSES OF AND INCIDENTAL TO THE ADMINISTRATION AND MANAGEMENT OF THE CHARITY. 2. SUBJECT TO PAYMENT OF THE EXPENSES AFORESAID THE TRUSTEES SHALL PAY A YEARLY SUM AMOUNTING TO 20% OF THE INCOME OF THE CHARITY TO THEMSELVES AS TRUSTEES OF THE CANEWDON POOR'S CHARITY, IN THE PARISH OF CANEWDON, IN THE COUNTY OF ESSEX. 3.SUBJECT TO THE PAYMENTS AFORESAID THE TRUSTEES SHALL APPLY THE INCOME OF THE CHARITY IN PROMOTING THE EDUCATION OF YOUNG PERSONS UNDER THE AGE OF 25 YEARS WHO ARE RESIDENT IN THE PARISH OF CANEWDON.( SEE CLAUSE 32 OF 1992 SCHEME FOR FULL DETAILS).
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves totalled £62,918, an increase from the previous year's £59,879. The trustees consider the current state of finances to be sound, although they note that investment income has fallen by approximately £10,000, leading to cautious grant-making to ensure reserves are not depleted.
What the accounts disclose
“The trustees have accumulated reserves to maintain the long term future of the foundation.”
Policies the charity declares
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Investing charity funds policy and procedures
- Investment
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
Trustees
- Mr Alan Nickollschair
- Alan Joseph Bax
- Annette Cardy
- George Carlton Stalker
- Geraldine Louise Margaret Lunn
- Janet Elizabeth Craven
- Judith Eileen Bedford
- Julian John Kaye
- Lynne Diane Van Houten
- Rev Ernest Anthony Guest
- Yvette Donovan
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £34k | £31k |
| 31/12/2024 | £28k | £26k |
| 31/12/2023 | £30k | £26k |
| 31/12/2022 | £40k | £59k |
| 31/12/2021 | £38k | £39k |
Common questions
Is THE CANEWDON EDUCATIONAL FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves totalled £62,918, an increase from the previous year's £59,879. The trustees consider the current state of finances to be sound, although they note that investment income has fallen by approximately £10,000, leading to cautious grant-making to ensure reserves are not depleted. Its FY2025 accounts were independently examined.