BROMFIELD'S EDUCATIONAL FOUNDATION

Registered charity 312795 · accounts filings on the Charity Commission register

The payment of awards and grants to individuals and organistations from the former parish of St Andrew Holborn for educational purposes.

Objects

FOR THE PROVISION OF ASSISTANCE FOR HIGHER EDUCATION BY MEANS OF SCHOLARSHIPS, BUSARIES OR MAINTENANCE ALLOWANCES OR FINANCIAL HELP TO ENABLE BENEFICIARIES TO PREPARE FOR OR TO ENTER A TRADE, PROFESSION OR CALLING IN THE ANCIENT PARISH OF ST. ANDREW, HOLBORN EXCEPT SO MUCH THEREOF AS FORMS PART OF THE PARISH OF ST. GEORGE.

Area of benefit: SEE OBJECTS

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: Education/training · website · Get email alerts

Latest income

£68k

Latest spending

£117k

Registered

1963

Accounts read

FY2024

Financial health, per its FY2024 accounts

The accounts state that unrestricted reserves stood at £301,278, with £100,000 designated for a specific three-year counselling project, leaving £201,278 in undesignated free reserves. The charity reported a net income of £172,018, driven largely by investment gains, and maintains a total asset base of £2,220,359. The trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Highest-paid employee band: £60,001 - £70,000

“one of whom received employee benefits of £60,000 - £70,000 (2023: one, £60,000 - £70,000).” — page 14

Per its FY2024 accounts as filed with the Charity Commission.

Employees paid over £60,000: 1

“one of whom received employee benefits of £60,000 - £70,000” — page 14

Per its FY2024 accounts as filed with the Charity Commission.

Largest income source: Investments (93% of income)

“Net income of £172,018 was recorded during the year which includes gains on investments of £160,051” — page 3

Per its FY2024 accounts as filed with the Charity Commission.

Reserves policy: sufficient to meet expected future commitments, together with an element of contingency provision against any significant, unforeseen need (held: £201k)

“They therefore maintain a level of reserves sufficient to meet expected future commitments, together with an element of contingency provision against any significant, unforeseen need.” — page 5

Per its FY2024 accounts as filed with the Charity Commission.

Trading subsidiary: St Andrew Holborn Trading Ltd

“The Charity’s employees have joint contracts of employment with the 4 sister charities at St Andrew Holborn and with St Andrew Holborn Trading Ltd.” — page 14

Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 6 of 6 completeness components.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

Bullying and harassment policy and procedures
Complaints handling
Complaints policy and procedures
Conflicting interests
Financial reserves policy and procedures
Internal charity financial controls policy and procedures
Internal risk management policy and procedures
Investing charity funds policy and procedures
Investment
Paying staff
Risk management
Safeguarding policy and procedures
Safeguarding vulnerable beneficiaries
Serious incident reporting policy and procedures
Trustee conflicts of interest policy and procedures
Trustee expenses policy and procedures
Volunteer management

Trustees · trustee networks

Caroline Kordai Addy
DAVID BALLANCE · trustee of 2 other charities
Edward William Dobson · trustee of 3 other charities
Paul Weston · trustee of 2 other charities
Rev CHRISTOPHER MATTHEW SMITH · trustee of 6 other charities
Rev Natasha Beckles
Rt Rev Jonathan Mark Richard Baker · trustee of 8 other charities

Trustee list from the Charity Commission register (current, not historical).

Operates in: Camden

Income and spending

Financial year end	Income	Spending
31/12/2025	£68k	£117k
31/12/2024	£73k	£61k
31/12/2023	£61k	£64k
31/12/2022	£76k	£50k
31/12/2021	£62k	£47k

Common questions

Is BROMFIELD'S EDUCATIONAL FOUNDATION financially healthy?

Per its FY2024 accounts: The accounts state that unrestricted reserves stood at £301,278, with £100,000 designated for a specific three-year counselling project, leaving £201,278 in undesignated free reserves. The charity reported a net income of £172,018, driven largely by investment gains, and maintains a total asset base of £2,220,359. The trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2024 accounts were independently examined.

What does the highest-paid employee of BROMFIELD'S EDUCATIONAL FOUNDATION earn?

Per its FY2024 accounts, the highest-paid employee was in the £60,001 - £70,000 band, and 1 employees earned over £60,000.