HINDLEY AND ABRAM GRAMMAR SCHOOL
The Foundation awards grants to students who are under 25 and are resident in the Wigan Metropolitan Borough.
Objects
(1) IN PROMOTING THE EDUCATION (INCLUDING SOCIAL AND PHYSICAL TRAINING) OF PERSONS UNDER THE AGE OF 25 YEARS WHO OR WHOSE PARENTS ARE RESIDENT IN THE METROPOLITAN BOROUGH OF WIGAN WITH A PREFERENCE FOR SUCH PERSONS WHO ARE RESIDENT IN THE URBAN DISTRICT OF HINDLEY OR THE FORMER URBAN DISTRICT OF ABRAM WHO ARE IN NEED OF FINANCIAL ASSISTANCE
Financial health, per its FY2025 accounts
The charity holds total funds of £1,211,138, comprising £102,816 in unrestricted funds and £1,108,322 in endowment funds. The accounts state that the trustees have an investment policy managed by Rathbone Investment Management Limited to prudently manage funds and avoid undue risk. The trustees' report indicates that reserves policy aims to retain an accumulation equal to approximately six months of income once past accumulations are dealt with.
What the accounts disclose
“Once this accumulation has been dealt with, they would retain an accumulation equal to approximately six months income to ensure that emergency requests can be met.”
Policies the charity declares
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Investing charity funds policy and procedures
- Investment
- Risk management
- Safeguarding vulnerable beneficiaries
- Trustee expenses policy and procedures
Trustees
- MR GEOFF PORTERchair
- ANGELA NAYLOR
- CHARMAINE TARRING
- GARY NAYLOR
- Rev DOT GOSLING
- VALERIE PARR
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2026 | £24k | £43k |
| 31/03/2025 | £29k | £28k |
| 31/03/2024 | £28k | £74k |
| 31/03/2023 | £26k | £43k |
| 31/03/2022 | £23k | £22k |
Common questions
Is HINDLEY AND ABRAM GRAMMAR SCHOOL financially healthy?
Per its FY2025 accounts: The charity holds total funds of £1,211,138, comprising £102,816 in unrestricted funds and £1,108,322 in endowment funds. The accounts state that the trustees have an investment policy managed by Rathbone Investment Management Limited to prudently manage funds and avoid undue risk. The trustees' report indicates that reserves policy aims to retain an accumulation equal to approximately six months of income once past accumulations are dealt with. Its FY2025 accounts were independently examined.