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.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a deficit of £22,460 for the year ended 28 February 2025, primarily driven by increased investment sales and purchases. Despite this, unrestricted reserves stood at £47,698, which is below the stated policy target of retaining a minimum of one year’s normal income (£50,000). Total assets increased to £1,100,793, with cash funds totaling £161,281.
What the accounts disclose
“Retain a minimum of one year’s normal income (£50,000) to meet any unexpected need or expense. At 28 February 2025, the Foundation had undistributed income of £208,721” — page 4
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 FY2025 accounts: The accounts state that the charity reported a deficit of £22,460 for the year ended 28 February 2025, primarily driven by increased investment sales and purchases. Despite this, unrestricted reserves stood at £47,698, which is below the stated policy target of retaining a minimum of one year’s normal income (£50,000). Total assets increased to £1,100,793, with cash funds totaling £161,281. Its FY2025 accounts were independently examined.