WILLIAM PALMER COLLEGE EDUCATIONAL TRUST
Financial health, per its FY2023 accounts
The accounts state that the Trust holds total funds of £18,127,383, comprising significant permanent endowment assets and unrestricted reserves. The Trustees maintain a working capital policy of £30,000 and report no material uncertainties regarding the Trust's ability to continue as a going concern. The financial review notes a decrease in grants used for local schools and prizes compared to the previous year, while investment income remained stable.
What the accounts disclose
Trustees
- BRIAN ROBERT LITTLEchair
- Canon Eileen French
- Clare White
- Clifford Carter
- Denise Rimke Wakeling
- Fola Afelumo
- MAUREEN CHALLIS
- Nicola Hillebrandt
- Ritchie Naylor
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 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?
The accounts state that the Trust holds total funds of £18,127,383, comprising significant permanent endowment assets and unrestricted reserves. The Trustees maintain a working capital policy of £30,000 and report no material uncertainties regarding the Trust's ability to continue as a going concern. The financial review notes a decrease in grants used for local schools and prizes compared to the previous year, while investment income remained stable. Its FY2023 accounts were audited by Rowland Hall.