THETFORD EDUCATIONAL FOUNDATION TRUST
Provide grants, bursaries and funding for the education of boys and girls from 3 1/2 years to 18 years of age in Thetford.
Objects
THE PROMOTION OF THE EDUCATION OF BOYS AND GIRLS IN PARTICULAR BY THE PROVISION OF A DAY OR DAY AND BOARDING SCHOOL IN OR NEAR THETFORD WITH A PREFERENCE FOR BOYS AND GIRLS RESIDENT IN THETFORD.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net expenditure of £40,097 for the year, driven by charitable spending exceeding investment income. However, the charity holds substantial unrestricted reserves of £2,222,985, which the trustees consider sufficient to continue as a going concern. The trustees' report notes that free cash reserves were £104,647 at year-end, exceeding their stated target of £20,000.
What the accounts disclose
“That said the trustee endeavours to hold free cash reserves in excess of £20,000 at any point in time.”
“In the previous year one of the directors was reimbursed £35 expenses in respect of filing fees for the parent company.” — page 15
“In the previous year another one of the directors of Thetford Educational Trustee Limited provided clerking services to the Trust totalling £300.” — page 15
“In the previous year one of the directors was reimbursed £35 expenses in respect of filing fees for the parent company.” — page 15
“In the previous year another one of the directors of Thetford Educational Trustee Limited provided clerking services to the Trust totalling £300.” — page 15
Policies the charity declares
- Conflicting interests
- Financial reserves policy and procedures
- Investing charity funds policy and procedures
- Investment
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 31/08/2025
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 31/08/2024
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 31/08/2023
- Grant-making is its main activity
Trustees
- Thetford Educational Trustee Ltd
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £79k | £97k |
| 31/08/2024 | £76k | £101k |
| 31/08/2023 | £87k | £92k |
| 31/08/2022 | £98k | £61k |
| 31/08/2021 | £79k | £62k |
Common questions
Is THETFORD EDUCATIONAL FOUNDATION TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net expenditure of £40,097 for the year, driven by charitable spending exceeding investment income. However, the charity holds substantial unrestricted reserves of £2,222,985, which the trustees consider sufficient to continue as a going concern. The trustees' report notes that free cash reserves were £104,647 at year-end, exceeding their stated target of £20,000. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE SANZ FOUNDATION | 1 | £25k |
Charities like this
- TEWKESBURY EDUCATION TRUST FUND
- MEDESHAMSTEDE EDUCATION TRUST
- COKETHORPE EDUCATIONAL TRUST LIMITED
- LEICESTERSHIRE INDEPENDENT EDUCATIONAL TRUST
- THE RADFORD EDUCATIONAL TRUST
- TEACHERS GROUP EDUCATIONAL TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THETFORD EDUCATIONAL FOUNDATION TRUST | £79k | — | 0 | unclear | — | no doubt |
| TEWKESBURY EDUCATION TRUST FUND | £31k | — | 0 | unclear | — | no doubt |
| MEDESHAMSTEDE EDUCATION TRUST | £1.7m | — | 0 | unclear | — | no doubt |
| COKETHORPE EDUCATIONAL TRUST LIMITED | £13.4m | — | — | above | — | no doubt |
| LEICESTERSHIRE INDEPENDENT EDUCATIONAL TRUST | £7.2m | — | — | below | — | no doubt |
| THE RADFORD EDUCATIONAL TRUST | £247k | — | 0 | unclear | — | no doubt |