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.
Objects
·2000 TO THE GOVERNORS OF ANY VOLUNTARY AIDED OR SPECIAL AGREEMENT SCHOOL OR SCHOOLS IN THE BOROUGH IN WHICH RELIGIOUS INSTRUCTION IS GIVEN IN ACCORDANCE WITH THE DOCTRINES OF THE CHURCH OF ENGLAND. ASSISTING PERSONS RESIDENT IN THE BOROUGH TO OBTAIN FURTHER EDUCATION, OR TO ENABLE THEM TO ENTER A PROFESSION, TRADE OR CALLING, OR PROVIDING RECREATIONAL FACILITIES FOR BENEFICIARIES RECEIVING PRIMARY, SECONDARY OR FURTHER EDUCATION.
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
Policies the charity declares
- Complaints handling
- Conflicting interests
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investment
- Paying staff
- Risk management
- Safeguarding vulnerable beneficiaries
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 31/12/2025
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 31/12/2024
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 31/12/2023
- Grant-making is its main activity
Register events
- Received assets from another charity (11/05/2019)
Trustees
- Rev DAVID MICHAEL ACKERMAN MA LLMchair
- Angela Piddock
- Councillor Elliot Keck
- JAN PRENDERGAST
- Lady Margot Joan Bright
- Patricia McAllister
- 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.
Charities like this
- PERKINS'S EDUCATIONAL FOUNDATION
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- ALVECHURCH EDUCATIONAL TRUST
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Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| PADDINGTON CHARITABLE ESTATES EDUCATIONAL FUND | £137k | — | 0 | unclear | — | no doubt |
| PERKINS'S EDUCATIONAL FOUNDATION | £55k | — | 0 | unclear | — | no doubt |
| THE CANEWDON EDUCATIONAL FOUNDATION | £34k | — | 0 | unclear | — | no doubt |
| MIRFIELD EDUCATIONAL CHARITY | £70k | — | — | unclear | — | no doubt |
| ALVECHURCH EDUCATIONAL TRUST | £27k | — | 0 | unclear | — | no doubt |
| PEAT'S EDUCATIONAL FOUNDATION | £36k | — | 0 | unclear | — | no doubt |