THE GIBSON FLEMING SCHOLARSHIP TRUST
THE PRIMARY OBJECTS OF THIS CHARITABLE TRUST ARE TO PROVIDE CHARITABLE BURSARIES AND SCHOLARSHIPS FOR BOYS AND GIRLS AT ELIZABETH COLLEGE, GUERNSEY, AND FOR SUCH STUDENTS' FURTHER EDUCATION THEREAFTER.
Financial health, per its FY2025 accounts
The accounts state that unrestricted free reserves were £34,969 against a policy target of covering twelve months of outgoings, which the trustees consider sufficient. The charity reported a net increase in total assets of £30,138, driven by investment income and sales, while charitable grants paid totaled £11,151. The trustees confirmed that assets are adequate to meet current obligations despite noting turbulent market conditions.
What the accounts disclose
“It is the policy of the charity to maintain unrestricted funds sufficient to cover the charity's outgoings for the forthcoming twelve month period” — page 5
Trustees
- Advocate Russell Clark
- Andrew Patrick Warren
- JURAT PETER SEAN TRUEMAN GIRARD
- Jurat Richard Jeremy James
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £35k | £21k |
| 31/03/2024 | £37k | £22k |
| 31/03/2023 | £35k | £19k |
| 05/04/2022 | £31k | £8k |
| 05/04/2021 | £32k | £8k |
Common questions
Is THE GIBSON FLEMING SCHOLARSHIP TRUST financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted free reserves were £34,969 against a policy target of covering twelve months of outgoings, which the trustees consider sufficient. The charity reported a net increase in total assets of £30,138, driven by investment income and sales, while charitable grants paid totaled £11,151. The trustees confirmed that assets are adequate to meet current obligations despite noting turbulent market conditions. Its FY2025 accounts were independently examined.