FERENS EDUCATION TRUST
To promote the advancement of liberal, professional and technological education and the diffussion and extension of arts, sciences and learning in the local area of East Yorkshire, North and North-East Lincolnshire: and in particular to assist the University of Hull in the objective of providing further education to the national and international community, for which it was founded.
Financial health, per its FY2025 accounts
The accounts state that total income increased significantly to £56,524 from investment sources, resulting in a net income of £72,681 after including investment gains. Per the trustees' report, reserves at year-end stood at £1,367,209, which the trustees consider adequate to maintain the capital value of the investment portfolio to fund future awards. The charity reports no material uncertainties regarding its ability to continue as a going concern.
What the accounts disclose
“The sole of source of income is investment income. Total income received in the year was £56,524” — page 4
“The Ferens Education Trust's reserves policy is to maintain the capital value of the investment portfolio to generate the income to fund future awards.” — page 4
Trustees
- John Edmund Copseychair
- Andrew King
- Andrew Paul Tarbutt
- Dr Boraluwe Ratnayake
- Dr Hadiza Ali Sa'id
- Dr Julie Veronique Danielle Castronovo
- Professor Mark Lorch
- Valerie Stainton
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/07/2025 | £57k | £34k |
| 31/07/2024 | £18k | £38k |
| 31/07/2023 | £8k | £11k |
| 31/07/2022 | £33k | £12k |
| 31/07/2021 | £54k | £69k |
Common questions
Is FERENS EDUCATION TRUST financially healthy?
Per its FY2025 accounts: The accounts state that total income increased significantly to £56,524 from investment sources, resulting in a net income of £72,681 after including investment gains. Per the trustees' report, reserves at year-end stood at £1,367,209, which the trustees consider adequate to maintain the capital value of the investment portfolio to fund future awards. The charity reports no material uncertainties regarding its ability to continue as a going concern. Its FY2025 accounts were independently examined.