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.
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
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.