LETCHWORTH EDUCATIONAL SETTLEMENT
To provide a social centre for education and recreation open to all in a friendly, accessible and socially supportive atmosphere.
Financial health, per its FY2025 accounts
The accounts state that the charity achieved a net surplus of £16,621 for the year ended 31 July 2025, driven by increased course enrolments and fee increases. Per the trustees' report, unrestricted reserves stood at £106,443, which is above the stated policy target of £71,000 required to cover three months of operating expenses. The trustees confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“Income from charitable activities, comprising fees from courses, workshops and tutor-led events, membership fees and hirings was £354,394” — page 10
“We consider it prudent that unrestricted reserves should be sufficient to cover: a) three months' operating expenses based on our phased annual budget.” — page 12
“One Trustee received payments totalling £11,917 (2024: One Trustee totalling £10,623) for professional or other services as a tutor for Settlement courses.”
“One Trustee received payments totalling £11,917 (2024: One Trustee totalling £10,623) for professional or other services as a tutor for Settlement courses.”
Trustees
- Elaine Margaret Foxchair
- Alan William Higbey
- Collette Jeanine Hoefkens
- David Nigel Carrick
- Dr Jennifer Ellen Gosling
- Hilary Jane Kemp
- Linda Catherine Mercy
- Marian Adams
- Marine Boulter
- Russell Charles Friese
- Stephen Jason Charles
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/07/2025 | £385k | £369k |
| 31/07/2024 | £351k | £346k |
| 31/07/2023 | £316k | £316k |
| 31/07/2022 | £224k | £264k |
| 31/07/2021 | £254k | £196k |
Common questions
Is LETCHWORTH EDUCATIONAL SETTLEMENT financially healthy?
Per its FY2025 accounts: The accounts state that the charity achieved a net surplus of £16,621 for the year ended 31 July 2025, driven by increased course enrolments and fee increases. Per the trustees' report, unrestricted reserves stood at £106,443, which is above the stated policy target of £71,000 required to cover three months of operating expenses. The trustees confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were independently examined.
Who funds LETCHWORTH EDUCATIONAL SETTLEMENT?
Funders whose own accounts filings name LETCHWORTH EDUCATIONAL SETTLEMENT as a grant recipient include THE LETCHWORTH CIVIC TRUST.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE LETCHWORTH CIVIC TRUST | FY2022 | £25k |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| UK government | 14/10/2020 | £25k | CRF20 Letchworth Educational Settlement |
| The National Lottery Community Fund | 16/02/2007 | £10k | Alterations To Form Larger Classroom |