HITCHIN EDUCATION FOUNDATION
Principal objective of raising funds from its investments and granting financial assistance to the three secondary schools in Hitchin and the provision of uniforms and educational facilities for defined beneficiaries.
Financial health, per its FY2025 accounts
The accounts state that unrestricted funds were £254,357, which is in excess of the trustees' stated prudent reserve level of approximately £136,000. The charity reported a net increase in unrestricted funds of £2,931 for the year, supported by increased rental and investment income.
What the accounts disclose
“The present level of necessary resources is in the region of £136,000 per annum, but this is consistently kept under review.”
Property (HM Land Registry)
Trustees
- DERRICK ASHLEYchair
- Bernard Lovewell
- CLAIRE STRONG
- Cllr Daniel Wright-Mason
- Cllr Donna Wright
- Ian Albert
- Jane Shipley
- Keith Hoskins
- Lara Freeman
- RAY SHAKESPEARE-SMITH
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £131k | £128k |
| 31/03/2024 | £138k | £144k |
| 31/03/2023 | £132k | £174k |
| 31/03/2022 | £126k | £114k |
| 31/03/2021 | £114k | £109k |
Common questions
Is HITCHIN EDUCATION FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted funds were £254,357, which is in excess of the trustees' stated prudent reserve level of approximately £136,000. The charity reported a net increase in unrestricted funds of £2,931 for the year, supported by increased rental and investment income. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| HABERDASHERS' ASKE'S CHARITY | 1 | £500k |
Charities like this
- HITCHIN TOWN HALL GYMNASIUM AND WORKMAN'S HALL TRUST
- THE HINCHINGBROOKE FOUNDATION
- THE TOTTENHAM GRAMMAR SCHOOL FOUNDATION
- HINCHLEY WOOD SCHOOL DEVELOPMENT FUND
- THE HABERDASHERS' FOUNDATION
- Haberdashers' Elstree Schools Foundation
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| HITCHIN EDUCATION FOUNDATION | £131k | — | 0 | above | — | no doubt |
| HITCHIN TOWN HALL GYMNASIUM AND WORKMAN'S HALL TRUST | £106k | — | 0 | unclear | — | no doubt |
| THE HINCHINGBROOKE FOUNDATION | £313k | — | 0 | unclear | — | no doubt |
| THE TOTTENHAM GRAMMAR SCHOOL FOUNDATION | £514k | — | 0 | unclear | — | no doubt |
| HINCHLEY WOOD SCHOOL DEVELOPMENT FUND | £123k | — | 0 | unclear | — | no doubt |
| THE HABERDASHERS' FOUNDATION | £454k | £60,001 - £70,000 | 4 | unclear | — | no doubt |