HITCHIN EDUCATION FOUNDATION
Latest income
£131k
Latest spending
£128k
Registered
1965
Accounts read
FY2023
Financial health, per its FY2023 accounts
The accounts state that unrestricted funds decreased by £42,060 to £354,651, resulting from a net loss before revaluation gains. The trustees report that the present level of necessary resources is in the region of £110,000, which is comfortably covered by the current unrestricted fund balance.
What the accounts disclose
Reserves policy: in the region of £110,000 (held: £355k)
“The present level of necessary resources is in the region of f110,000 but this is consistently kept under review.”
Per its FY2023 accounts as filed with the Charity Commission.
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?
The accounts state that unrestricted funds decreased by £42,060 to £354,651, resulting from a net loss before revaluation gains. The trustees report that the present level of necessary resources is in the region of £110,000, which is comfortably covered by the current unrestricted fund balance. Its FY2023 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| PARMITER'S SCHOOL FOUNDATION | 1 | £594k |
| HABERDASHERS' ASKE'S CHARITY | 1 | £500k |