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WILLIAM PALMER COLLEGE EDUCATIONAL TRUST

Registered charity 310860 · accounts filings on the Charity Commission register · also known as PALMER'S TRUST, WILLIAM PALMER SIXTH FORM COLLEGE, WILLIAM PALMER TRUST

After maintaining its property, the Trust provides prizes and special benefits while promoting the education of the relevant beneficiaries who must be under the age of 25 years, in need of financial assistance and either residents of the Ancient Parish of Grays Thurrock or are attending or have for not less than two consecutive academic years at any time attended the school of the charity.

Causes: Education/training · Grant history (this charity is a funder) · Get email alerts

Latest income
£260k
Latest spending
£289k
Registered
1966
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the Trust holds total net assets of £17,728,739, comprising a restricted capital fund of £9,058,042 and a permanent endowment of £8,587,963. The unrestricted income fund, representing free reserves, stands at £82,734, which is below the stated working capital policy of £30,000 if considered in isolation, though the Trustees maintain this level to dispense annual income. The Trust reported a net outgoing of resources before transfers of £403,712, driven by significant depreciation charges on its property assets.

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

What the accounts disclose

Reserves policy: £30,000 as working capital (held: £83k)
“The Trustees continue to maintain £30,000 as working capital and make sufficient grants to dispense the annual income of the Trust after paying expenses, to prevent the accumulation of excessive reserves in the form of accumulated income.” — page 9
Per its FY2025 accounts as filed with the Charity Commission.
Payments to trustees: One Trustee received £13,282 for secretarial/clerk services.
“Total fees of £13,282 (2024: (£15,026) were paid to one Trustee who received a fee in respect of secretarial services and services as the Clerk to the Trustees.” — page 16
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Rowland Hall. Discloses 4 of 6 completeness components.

Trustees · trustee networks

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

Operates in: Thurrock

Income and spending

Financial year endIncomeSpending
31/07/2025£260k£289k
31/07/2024£258k£346k
31/07/2023£249k£108k
31/07/2022£246k£252k
31/07/2021£237k£211k

Common questions

Is WILLIAM PALMER COLLEGE EDUCATIONAL TRUST financially healthy?

Per its FY2025 accounts: The accounts state that the Trust holds total net assets of £17,728,739, comprising a restricted capital fund of £9,058,042 and a permanent endowment of £8,587,963. The unrestricted income fund, representing free reserves, stands at £82,734, which is below the stated working capital policy of £30,000 if considered in isolation, though the Trustees maintain this level to dispense annual income. The Trust reported a net outgoing of resources before transfers of £403,712, driven by significant depreciation charges on its property assets. Its FY2025 accounts were audited by Rowland Hall.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with The Portal Trust.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
WILLIAM PALMER COLLEGE EDUCATIONAL TRUST£260k—0unclear—no doubt
The Portal Trust FY2025£8.2m——unclear—no doubt
CLSG BURSARY AND AWARDS FUND FY2025£1.4m—0above—no doubt
THE RECORD CHARITABLE TRUST FY2024£208k—0unclear—no doubt
Bedford School Foundation Trust FY2025£2.7m—0above—no doubt
IAPS CHARITABLE TRUST FY2025£197k—0above—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.