POWELL'S EDUCATIONAL FOUNDATION
To provide financial assistance to the School of the Foundation, Powell's School, and also Deer Park and Kingshill Schools. The Charity may also provide financial assistance to promote the education (including social and physical training) of persons under the age of 25 years who are either pupils or former pupils of the aforesaid Schools or who are resident in Cirencester.
Financial health, per its FY2025 accounts
The accounts state that unrestricted funds decreased by £153,953 during the year, resulting in a net asset position of £860,485 for unrestricted funds. The charity maintains a reserves policy to cover anticipated expenses, grants, and administration costs, with unrestricted reserves held at £860,485. The independent examiner confirmed that no material matters were identified that would cause concern regarding the accounts.
What the accounts disclose
“It is the Policy of the Charity to maintain unrestricted funds, which are the free reserves of the Charity, at a level which provides sufficient funds to cover anticipated property expenses, anticipated grants and managerial and administration costs.” — page 4
Register events
- Received assets from another charity (18/07/2014)
Trustees
- CARYN LESLEY PUTNEYchair
- ANDREW ROBERT JOHNSON
- Andrew James Perry Phillips BSc
- Edward Allen Harry Ernest Jamieson CEng FEI
- John Poulton
- Michael Ezewudo
- Rev'd Canon Graham Edwin Morris
- SARAH GARDINER
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £80k | £519k |
| 31/03/2024 | £75k | £68k |
| 31/03/2023 | £117k | £75k |
| 31/03/2022 | £84k | £51k |
| 31/03/2021 | £207k | £142k |
Common questions
Is POWELL'S EDUCATIONAL FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted funds decreased by £153,953 during the year, resulting in a net asset position of £860,485 for unrestricted funds. The charity maintains a reserves policy to cover anticipated expenses, grants, and administration costs, with unrestricted reserves held at £860,485. The independent examiner confirmed that no material matters were identified that would cause concern regarding the accounts. Its FY2025 accounts were independently examined.