THE WREXHAM (PAROCHIAL) EDUCATIONAL FOUNDATION
To advance education by providing assistance to the educational establishments as defined in the scheme dated 14th October 2003 and to advance the education of beneficiaries as also described in the scheme.
Financial health, per its FY2024 accounts
The accounts state that unrestricted free reserves were approximately £255,000, which is significantly above the trustees' stated policy target of approximately £63,000. The charity reported a net increase in total funds of £682,500 for the year, driven largely by investment gains, and the auditors confirmed there are no material uncertainties regarding its ability to continue as a going concern.
What the accounts disclose
“The trustees consider that, given the nature of their work, this should be approximately £63,000” — page 5
“Loans totalling £4,000 granted to The Educational Foundation of Dame Dorothy Jeffreys and Wrexham and District Relief in Need in the previous year were repaid in full.” — page 25
Trustees
- CAROL ANN DOUGLAS-JONES
- GARY ASHWORTH BROWN
- JANET MARY CANNON
- PHILLIP RAYMOND WYNN
- Rev Dylan Caradog Parry Jones
- Rev HELEN BARNES
- Rev MARCUS GWYNNE PIPE
- Rev ROBERT JAMES TOUT
- SUSAN MARIE WILLIAMS
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £428k | £489k |
| 31/12/2023 | £443k | £603k |
| 31/12/2022 | £437k | £486k |
| 31/12/2021 | £468k | £510k |
| 31/12/2020 | £380k | £473k |
Common questions
Is THE WREXHAM (PAROCHIAL) EDUCATIONAL FOUNDATION financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted free reserves were approximately £255,000, which is significantly above the trustees' stated policy target of approximately £63,000. The charity reported a net increase in total funds of £682,500 for the year, driven largely by investment gains, and the auditors confirmed there are no material uncertainties regarding its ability to continue as a going concern. Its FY2024 accounts were audited by M. D. Coxey and Co. Limited.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE YOUTH ENDOWMENT FUND CHARITABLE TRUST | 1 | £2.2m |
| IMPETUS - THE PRIVATE EQUITY FOUNDATION | 1 | £674k |
| KUSUMA TRUST UK | 1 | £154k |
| THE PATRICIA AND DONALD SHEPHERD CHARITABLE TRUST | 1 | £40k |
| COLEFAX CHARITABLE TRUST | 1 | £30k |
| ED DE NUNZIO CHARITABLE TRUST | 1 | £30k |
| THE ALBERT GUBAY CHARITABLE FOUNDATION | 1 | £24k |
| CORAM LIFE EDUCATION | 1 | £22k |
Charities like this
- WREXHAM AFC FOUNDATION
- THE WREKIN COLLEGE FOUNDATION
- THE SIR JOHN SEDLEY EDUCATIONAL FOUNDATION
- Wrexham Students' Union Ltd
- RICHARD SHEPHARD MUSIC FOUNDATION
- WREXHAM DIOCESAN TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE WREXHAM (PAROCHIAL) EDUCATIONAL FOUNDATION | £428k | — | 0 | above | — | no doubt |
| WREXHAM AFC FOUNDATION | £452k | — | 0 | above | — | no doubt |
| THE WREKIN COLLEGE FOUNDATION | £563k | — | 0 | above | — | no doubt |
| THE SIR JOHN SEDLEY EDUCATIONAL FOUNDATION | £221k | — | 0 | above | — | no doubt |
| Wrexham Students' Union Ltd | £823k | — | 0 | above | — | no doubt |
| RICHARD SHEPHARD MUSIC FOUNDATION | £671k | — | 0 | within | — | no doubt |