Minsterworth Free School Foundation
The trustees of Minsterworth Free School account was set up in 1978 after the sale of the Caretakers house of Minsterworth School. The charity commissioners pay the interest on the capital four times a year to the School.
Financial health, per its FY2024 accounts
The accounts state that the charity's financial position was healthy at the end of the period, with unrestricted reserves totaling £74,202. This figure comprises £49,070 held in a CCLA investment fund and £32,147 in the bank account. The trustees report a positive bank balance and note that reserves are held for emergency building repairs.
What the accounts disclose
“Reserves are held with CCLA has security in case of the need for emergency building repairs.”
Trustees
- Ian Leslie Brooks
- RITA GARBUTT
- Roger Michael Ingham
- Susan Smith
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £31k | £23k |
| 31/12/2023 | £55k | £41k |
| 31/12/2022 | £11k | £8k |
| 31/12/2021 | £60k | £67k |
| 31/12/2020 | £4k | £5k |
Common questions
Is Minsterworth Free School Foundation financially healthy?
Per its FY2024 accounts: The accounts state that the charity's financial position was healthy at the end of the period, with unrestricted reserves totaling £74,202. This figure comprises £49,070 held in a CCLA investment fund and £32,147 in the bank account. The trustees report a positive bank balance and note that reserves are held for emergency building repairs.