PADDINGTON CHARITABLE ESTATES EDUCATIONAL FUND
The charity provides support for people under the age of 25 who are living in Paddington and who are in need of financial assistance to enable them to persue their education. The charity also makes annual grants to voluntary-aided schools in Paddington for repairs or physical alterations.
Financial health, per its FY2025 accounts
The accounts state that the charity adopted accrual-based accounting in 2025 to improve financial accuracy and compliance with UK GAAP. The charity holds significant unrestricted funds totaling £3,526,891, with cash and short-term deposits increasing to £100,792 by year-end. The trustees note that while funds are currently in place, they may need to limit future funding commitments to a percentage of requested amounts.
What the accounts disclose
“Dividends and Interest 130,166” — page 9
“The Management and Administration Expenditure is mainly comprised of Fees Payable to Westminster City Council for the day-to-day administration of the Charities and ongoing support to the Trustees (£22,660)” — page 10
Register events
- Received assets from another charity (11/05/2019)
Trustees
- Rev DAVID MICHAEL ACKERMAN MA LLMchair
- ANGELA PIDDOCK
- Councillor Elliot Keck
- Hamaz Taouzzale
- JAN PRENDERGAST
- Lady Margot Joan Bright
- RUTH ELIZABETH BUSH
- Rev Christopher Stolz
- Rev Stephen Mason
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £137k | £113k |
| 31/12/2024 | £24k | £107k |
| 31/12/2023 | £23k | £90k |
| 31/12/2022 | £88k | £98k |
| 31/12/2021 | £85k | £76k |
Common questions
Is PADDINGTON CHARITABLE ESTATES EDUCATIONAL FUND financially healthy?
Per its FY2025 accounts: The accounts state that the charity adopted accrual-based accounting in 2025 to improve financial accuracy and compliance with UK GAAP. The charity holds significant unrestricted funds totaling £3,526,891, with cash and short-term deposits increasing to £100,792 by year-end. The trustees note that while funds are currently in place, they may need to limit future funding commitments to a percentage of requested amounts. Its FY2025 accounts were independently examined.