SIR THOMAS WIDDRINGTON (EDUCATIONAL) TRUST
Education of persons under the age of 25 years who are resident inthe area comprising the Parishes ofStamfordham,Belsay,Capheaton and Matfen or who have a parent or parents so resident or who have attended as apupil at a school in Stamfordham or Belsay who are in need of financial assisstanc
Financial health, per its FY2024 accounts
The accounts state that the charity's financial position is described as 'very stable' due to trustee-managed property work avoiding agent fees. The charity holds unrestricted cash funds of £85,361 and maintains a specific building fund of £47,200 for planned maintenance. The independent examiner confirmed that no material matters came to their attention during the examination of the accounts.
What the accounts disclose
“The trust deed prescribes that a building fund be maintained to allow for planned maintenance and repairs of trust properties.” — page 4
Trustees
- Michael Brownchair
- Andrew Carr
- Claire Ann Mckinney
- Duncan Hutt
- Jill Diana Fozard
- LINDA BOYLAN
- Lindy Rosemary Edwards
- Patrick O'Neill
- Peter Lambert
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £31k | £18k |
| 31/12/2023 | £23k | £21k |
| 31/12/2022 | £22k | £23k |
| 31/12/2021 | £22k | £16k |
| 31/12/2020 | £22k | £21k |
Common questions
Is SIR THOMAS WIDDRINGTON (EDUCATIONAL) TRUST financially healthy?
Per its FY2024 accounts: The accounts state that the charity's financial position is described as 'very stable' due to trustee-managed property work avoiding agent fees. The charity holds unrestricted cash funds of £85,361 and maintains a specific building fund of £47,200 for planned maintenance. The independent examiner confirmed that no material matters came to their attention during the examination of the accounts. Its FY2024 accounts were independently examined.