TEWKESBURY EDUCATION TRUST FUND
The income from the assets is used to provide special benefits to Tewkesbury School and needy young people in the defined territory to support their education.
Objects
NOT MORE THAN ONE-THIRD OF THE YEARLY INCOME OF THE CHARITY IN PROVIDING SPECIAL BENEFITS FOR TEWKESBURY SCHOOL NOT NORMALLY PROVIDED BY THE EDUCATION FUNDING AGENCY / DEPARTMENT FOR EDUCATION AND SUBJECT THERETO THE TRUSTEES SHALL APPLY THE SAID INCOME IN PROMOTING THE EDUCATION OF YOUNG PERSONS WHO ARE RESIDENT IN THE TOWN OF TEWKESBURY OR IN ANY OF THE PARISHES OF ASHCHURCH RURAL, NORTHWAY, CHACELEY, DEERHURST, FORTHAMPTON LEIGH, TEDDINGTON, TWYNING, AND WHEATPIECES, ALL IN THE COUNTY OF GLOUCESTERSHIRE, WHO HAVE NOT ATTAINED THE AGE OF 25 YEARS AND WHO IN THE OPINION OF THE GOVERNORS ARE IN NEED OF FINANCIAL ASSISTANCE.
Financial health, per its FY2025 accounts
The charity holds unrestricted reserves of £37,946 against endowment funds of £1,053,141. The accounts state that the charity has adequate resources to continue in operational existence for the foreseeable future. The trustees report that the investment portfolio is managed with a low-risk strategy to protect assets while returning a reasonable yield.
What the accounts disclose
“In the year ended 31 March 2025, a grant amounting to £8,061 (2024: £2,263) was paid to Tewkesbury School which has common Trustees with Tewkesbury Education Trust Fund.” — page 6
Policies the charity declares
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Investing charity funds policy and procedures
- Investment
Trustees
- Catherine Folkes
- Jonathon Quinn
- Katherine Thompson
- Patricia Stringfellow
- STEPHEN HAWKINS
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £29k | £16k |
| 31/03/2024 | £28k | £9k |
| 31/03/2023 | £28k | £11k |
| 31/03/2022 | £28k | £13k |
| 31/03/2021 | £27k | £22k |
Common questions
Is TEWKESBURY EDUCATION TRUST FUND financially healthy?
Per its FY2025 accounts: The charity holds unrestricted reserves of £37,946 against endowment funds of £1,053,141. The accounts state that the charity has adequate resources to continue in operational existence for the foreseeable future. The trustees report that the investment portfolio is managed with a low-risk strategy to protect assets while returning a reasonable yield. Its FY2025 accounts were independently examined.