COATES EDUCATIONAL FOUNDATION

Registered charity 505906 · accounts filings on the Charity Commission register

The Charity provides bursaries to further the educational needs of persons under the age of 25 who are in need of financial assistance and who are pupils or former pupils of the Richard Coates Church of England Voluntary Aided Middle School or who are resident within the parishes of Ponteland or voluntary bodies or schools providing facilities or activities for use by such persons

Objects

THE OBJECTS OF THE CHARITY ARE:1. THE TRUSTEES SHALL APPLY THE INCOME OF THE CHARITY IN ADVANCING THE EDUCATION OF THE PUPILS AT THE SCHOOL BY PROVIDING AND ASSISTING IN THE PROVISION OF FACILITIES (NOT REQUIRED TO BE PROVIDED BY THE LOCAL EDUCATION AUTHORITY); AND2. FOR THE PUBLIC BENEFIT TO PROMOTE THE EDUCATION (INCLUDING SOCIAL AND PHYSICAL TRAINING) OF THE BENEFICIARIES IN THE AREA OF BENEFIT IN SUCH WAYS AS THE TRUSTEES THINK FIT, INCLUDING BY:A) AWARDING SCHOLARSHIPS, EXHIBITIONS, BURSARIES, MAINTENANCE ALLOWANCES OR GRANTS TENABLE AT ANY EDUCATIONAL INSTITUTION TO BENEFICIARIES; ORB) MAKING GRANTS TO ANY EDUCATIONAL INSTITUTION ATTENDED BY BENEFICIARIES; ORC) PROVIDING FINANCIAL ASSISTANCE, OUTFITS, CLOTHING, EQUIPMENT, INSTRUMENTS OR BOOKS TO ASSIST BENEFICIARIES TO PURSUE THEIR EDUCATION (INCLUDING THE STUDY OF MUSIC AND OTHER ARTS), TO UNDERTAKE TRAVEL IN FURTHERANCE THEREOF, OR TO PREPARE FOR OR ENTER A PROFESSION, TRADE, OCCUPATION OR SERVICE ON LEAVING AN EDUCATIONAL INSTITUTION.

Area of benefit: CIVIL OR ECCLESIASTICAL PARISH OF PONTELAND, NORTHUMBERLAND

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

Causes: Education/training · Get email alerts

Financial health, per its FY2024 accounts

The accounts state that the charity reported a surplus of £21,608 for the year ended 31 December 2024, driven by investment gains and rental income. Free reserves stood at £75,033, which is above the trustees' stated policy target of holding the equivalent of one year of expenditure (approximately £20,000 - £25,000). The trustees confirmed 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

Accounts independently examined (not a full audit). Discloses 4 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.

• Investment

Trustees · trustee networks

• DAVID BUTLERchair · trustee of 2 other charities
• ALAN NEVILLE MEE
• ANDREW WILLIAM MORGAN · trustee of 2 other charities
• CLIVE RINGROSE · trustee of 2 other charities
• Christopher John Matthew · trustee of 1 other charity
• GILLIAN BUNTING · trustee of 1 other charity
• ROBERT GUY RAMSAY
• Rev George Robert Curry · trustee of 7 other charities
• Revd Captain Paul Allison

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

Operates in: Newcastle Upon Tyne City · Northumberland

Income and spending

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