THE BROOKES MEMORIAL FUND
The activities of the charity advance education by providing bursaries at independent schools in Worcestershire for local children.
Objects
TO ADVANCE EDUCATION BY PROVIDING BURSARIES AT INDEPENDENT SCOOLS IN THE AREA OF THE COUNTY OF WORCESTER AS IT EXISTED IMMEDIATELY BEFORE THE COMING INTO FORCE OF THE LOCAL GOVERMENT ACT 1972
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves stood at £74,710, which the trustees consider sufficient to cover grants for the next 12 months and potential renewals. The charity reported net receipts of £3,844 for the year, with total assets increasing to £106,654. There are no stated material uncertainties or risks to the charity's continued operation.
What the accounts disclose
“The trustees’ policy is to retain sufficient reserves to cover grants awarded for the next 12 months and the potential renewal of those grants subject to renewal criteria for the foreseeable future. The trustees’ policy also includes retention of £20,000 earmarked for unforeseen emergency cases.”
Policies the charity declares
- Complaints handling
- 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
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
Trustees
- ANDREW WOOD
- Philip George Mackie
- RICHARD JOHN WILKES
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 09/10/2025 | £29k | £30k |
| 09/10/2024 | £28k | £25k |
| 09/10/2023 | £26k | £28k |
| 09/10/2022 | £25k | £29k |
| 09/10/2021 | £203k | £219k |
Common questions
Is THE BROOKES MEMORIAL FUND financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves stood at £74,710, which the trustees consider sufficient to cover grants for the next 12 months and potential renewals. The charity reported net receipts of £3,844 for the year, with total assets increasing to £106,654. There are no stated material uncertainties or risks to the charity's continued operation. Its FY2025 accounts were independently examined.