SCARGILL'S EDUCATIONAL FOUNDATION
Support of schools and individuals in area of benefit
Financial health, per its FY2024 accounts
The accounts state that the charity holds £1,548,923.00 in investments and £14,508.00 in bank balances, with no liabilities reported. The trustees maintain a broad policy to hold between £25,000 and £30,000 in cash to meet 12 months of grants and costs. The independent examiner confirmed that no material matters came to their attention during the examination of the accounts for the year ended 31st December 2024.
What the accounts disclose
“There is continuing increase in income generated by the Investment Portfolio”
“Broad policy to hold in cash £25,000 to £30,000 to meeting 12 months grants and costs”
Trustees
- ALAN COOPER
- CAROL ANN HART
- CHRISTOPHER ALEXANDER HOLWELL
- ELIZABETH SYLVIA CHRISTIN CAMPBELL
- John Frederick Mazillius
- Rev Christine French
- Rev Philip James Selby
- Richard Sewell
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £36k | £27k |
| 31/12/2023 | £38k | £25k |
| 31/12/2022 | £26k | £28k |
| 31/12/2021 | £15k | £27k |
| 31/12/2020 | £19k | £31k |
Common questions
Is SCARGILL'S EDUCATIONAL FOUNDATION financially healthy?
Per its FY2024 accounts: The accounts state that the charity holds £1,548,923.00 in investments and £14,508.00 in bank balances, with no liabilities reported. The trustees maintain a broad policy to hold between £25,000 and £30,000 in cash to meet 12 months of grants and costs. The independent examiner confirmed that no material matters came to their attention during the examination of the accounts for the year ended 31st December 2024. Its FY2024 accounts were independently examined.