BAYLIES' EDUCATIONAL FOUNDATION
Financial assistance to young people and schools and promotion of education. Recipients must be resident in Dudley MBC area and schools will be within the borough.
Objects
FOR THE BENEFIT OF BOYS AND GIRLS RESIDENT IN THE BENEFICIAL AREA WHO ARE IN NEED OF FINANCIAL ASSISTANCE, BY MEANS OF: (A) EXHIBITIONS TENABLE AT ANY SECONDARY SCHOOL, TRAINING COLLEGE FOR TEACHERS, UNIVERSITY OR OTHER INSTITUTION OF FURTHER EDUCATION. (B) FINANCIAL ASSISTANCE, OUTFITS, CLOTHING, TOOLS, INSTRUMENTS OR BOOKS. (C) OTHERWISE PROMOTING THE EDUCATION OF BENEFICIARIES.
Financial health, per its FY2026 accounts
The accounts state that the charity generated a surplus of £5,669 for the year ended 28 February 2026, with unrestricted funds increasing to £154,563. The trustees report that investment aims have been achieved and cash funds total £163,178 at year-end. The charity maintains undistributed income of £222,078, which exceeds its stated reserves policy target of retaining a minimum of one year’s normal income (£50,000).
What the accounts disclose
“Policy on Reserves Retain a minimum of one year’s normal income (£50,000) to meet any unexpected need or expense.”
Policies the charity declares
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investment
- Risk management
- Trustee conflicts of interest policy and procedures
Trustees
- IAN MCALLISTER CLELANDchair
- BARBARA DENISE COLES
- COLIN VICTOR KNIPE
- JOHN RICHARD BAIRD GRAHAM
- NICOLAS ANTHONY BARLOW
- PETER MARSH
- Peter Bishop
- THOMAS PHILIP WESTLEY
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 28/02/2026 | £189k | £187k |
| 28/02/2025 | £48k | £80k |
| 29/02/2024 | £56k | £64k |
| 28/02/2023 | £52k | £70k |
| 28/02/2022 | £46k | £54k |
Common questions
Is BAYLIES' EDUCATIONAL FOUNDATION financially healthy?
Per its FY2026 accounts: The accounts state that the charity generated a surplus of £5,669 for the year ended 28 February 2026, with unrestricted funds increasing to £154,563. The trustees report that investment aims have been achieved and cash funds total £163,178 at year-end. The charity maintains undistributed income of £222,078, which exceeds its stated reserves policy target of retaining a minimum of one year’s normal income (£50,000). Its FY2026 accounts were independently examined.