KELSICK'S EDUCATIONAL FOUNDATION
To provide grants for educational needs to young people under 25 and resident in the Lakes Parish, and to the voluntary schools (and to academies that were formerly voluntary schools) in the Lakes Parish. Grants may also be given to groups or organisations where the members satisfy the age and residence requirements. Considerable aid is given to young people with special needs.
Financial health, per its FY2025 accounts
The accounts state that the charity reported an operating deficit of £78,081 for the year ended 31 March 2025, primarily driven by a material increase in property maintenance costs to address backlog works. Despite this deficit and a decrease in investment values, the trustees report that current free reserves of £126,042 are sufficient for planned near-term expenditure, though they remain below the stated policy target.
What the accounts disclose
“Free reserves as of 31 March 2025 were below that target at £126,042 (2024 - £197,456) reflecting the anticipated property maintenance requirements.”
Trustees
- NICHOLAS CHARLES MARTINchair
- ANGELA JANE RENOUF
- Christopher Shepherd
- Dr Paul John Davies
- John Cunningham
- LESLIE JOHNSON
- Mark Blackburn
- Mark Duncan Lawton
- Michael Andrew Fearon
- Paul Bentley Edmondson
- Rev Andrew Paul Smith
- Rose Linda Tebay
- William Martin James Clark
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £449k | £527k |
| 31/03/2024 | £411k | £409k |
| 31/03/2023 | £406k | £482k |
| 31/03/2022 | £408k | £382k |
| 31/03/2021 | £387k | £382k |
Common questions
Is KELSICK'S EDUCATIONAL FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported an operating deficit of £78,081 for the year ended 31 March 2025, primarily driven by a material increase in property maintenance costs to address backlog works. Despite this deficit and a decrease in investment values, the trustees report that current free reserves of £126,042 are sufficient for planned near-term expenditure, though they remain below the stated policy target. Its FY2025 accounts were audited by Xeinadin Audit Limited.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE BRITISH FRIENDS OF MASAT MOSHE | 1 | £1.6m |
| THE CHARLES WOLFSON CHARITABLE TRUST | 1 | £482k |
| ACHISOMOCH AID COMPANY LIMITED | 1 | £371k |
| THE WIGODER FAMILY FOUNDATION | 1 | £202k |
| THE BEAVERBROOKS CHARITABLE TRUST | 1 | £20k |
| THE JMCMRJ SORRELL FOUNDATION | 1 | £20k |
| STANLEY AND ZEA LEWIS FAMILY FOUNDATION | 1 | £12k |
| LAWSON BECKMAN CHARITABLE TRUST | 1 | £10k |
Charities like this
- MOUNTSORREL EDUCATIONAL FUND
- ALDERMAN NEWTON'S EDUCATIONAL FOUNDATION
- COLESHILL GRAMMAR SCHOOL ENDOWMENT FOUNDATION
- JLE
- DHS Educational Foundation
- SWANLAND EDUCATION AFRICA TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| KELSICK'S EDUCATIONAL FOUNDATION | £449k | — | 0 | below | — | no doubt |
| MOUNTSORREL EDUCATIONAL FUND | £152k | — | 0 | unclear | — | no doubt |
| ALDERMAN NEWTON'S EDUCATIONAL FOUNDATION | £197k | — | 0 | unclear | — | no doubt |
| COLESHILL GRAMMAR SCHOOL ENDOWMENT FOUNDATION | £189k | — | 0 | unclear | — | no doubt |
| JLE | £3.2m | — | — | above | — | noted |
| DHS Educational Foundation | £1.6m | — | 0 | unclear | — | no doubt |