PHYLLIS WALLBANK EDUCATIONAL TRUST
The Phyllis Wallbank Educational Trust provides properties for education and educational research. It also makes grants to individuals. Full details of the aims and objectives of the charity are published on the charity's website.
Financial health, per its FY2025 accounts
The accounts state that the charity holds unrestricted reserves of £2,367,123 and achieved a surplus of £120,934 for the year ended 5 April 2025. The trustees report that the charity continues to be in a net assets position with a total balance of £4,051,763. The going concern basis is adopted as the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future.
What the accounts disclose
“The principal reason for the Charity holding reserves is to meet mortgage repayments on the Gatehouse School property.”
“None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year, apart from one of the trustees having access to the property in London, which he stays in for less than 90 days in the year rent free.” — page 15
Trustees
- Rev EUGENE CURRAN CMchair
- BENEDICT NEWELL WALLBANK RIBA
- BROTHER DUNSTAN ROBIDOUX OSB
- Ian Lyon Duncan
- James Wallbank
- Katie Wallbank
- MARK WALLBANK
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £165k | £63k |
| 05/04/2024 | £116k | £91k |
| 05/04/2023 | £120k | £83k |
| 05/04/2022 | £122k | £42k |
| 05/04/2021 | £116k | £26k |
Common questions
Is PHYLLIS WALLBANK EDUCATIONAL TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity holds unrestricted reserves of £2,367,123 and achieved a surplus of £120,934 for the year ended 5 April 2025. The trustees report that the charity continues to be in a net assets position with a total balance of £4,051,763. The going concern basis is adopted as the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Its FY2025 accounts were independently examined.
Charities like this
- THE THOMAS WALL TRUST
- ST PHILOMENA'S SCHOOL LIMITED
- BELMONT-BIRKLANDS SCHOOL TRUST LIMITED
- ST PHILIP'S SCHOOL TRUST LIMITED
- WILLIAM PALMER COLLEGE EDUCATIONAL TRUST
- PAPPLEWICK EDUCATIONAL TRUST LIMITED
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| PHYLLIS WALLBANK EDUCATIONAL TRUST | £165k | — | 0 | unclear | — | no doubt |
| THE THOMAS WALL TRUST | £211k | — | 0 | above | — | no doubt |
| ST PHILOMENA'S SCHOOL LIMITED | £943k | — | — | above | — | no doubt |
| BELMONT-BIRKLANDS SCHOOL TRUST LIMITED | £2.1m | — | 0 | below | — | noted |
| ST PHILIP'S SCHOOL TRUST LIMITED | £2.0m | — | — | unclear | — | no doubt |
| WILLIAM PALMER COLLEGE EDUCATIONAL TRUST | £260k | — | 0 | unclear | — | no doubt |