SCARGILL'S EDUCATIONAL FOUNDATION

Registered charity 527012 · accounts filings on the Charity Commission register

Support of schools and individuals in area of benefit

Causes: Education/training · Religious Activities · Get email alerts

Latest income
£36k
Latest spending
£27k
Registered
1961
Accounts read
FY2024

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.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Largest income source: Investment Portfolio
There is continuing increase in income generated by the Investment Portfolio
Per its FY2024 accounts as filed with the Charity Commission.
Reserves position: below the charity's own stated reserves policy (held: £15k; policy: £25,000 to £30,000)
Broad policy to hold in cash £25,000 to £30,000 to meeting 12 months grants and costs
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Derbyshire

Income and spending

Financial year endIncomeSpending
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.