SIR THOMAS MIDDLECOTTS EXHIBITION FOUNDATION
The Governors shall apply the income of the Charity in promoting the education of persons who have not attained the age of 25 years, who in the opinion of the Governors are in need of financial assistance and who have for not less than two years at any time attended a Maintained Primary School in any of the parishes of Algarkirk, Fosdyke, Frampton, Kirton, Sutterton and Wyberton, Lincolnshire.
Objects
THE GOVERNORS SHALL APPLY THE INCOME OF THE CHARITY IN PROMOTING THE EDUCATION OF PERSONS WHO HAVE NOT ATTAINED THE AGE OF 25 YEARS, WHO IN THE OPINION OF THE GOVERNORS ARE IN NEED OF FINANCIAL ASSISTANCE AND WHO HAVE FOR NOT LESS THAN TWO YEARS AT ANY TIME ATTENDED A MAINTAINED PRIMARY SCHOOL IN ANY OF THE PARISHES OF ALGARKIRK, FOSDYKE, FRAMPTON, KIRTON, SUTTERTON AND WYBERTON.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a deficit of £40,411 for the year ended 31 March 2025, resulting in a decrease in net assets from £862,960 to £822,549. The trustees note that cash reserves are held to ensure ongoing activities can be maintained, and the independent examiner confirmed no material matters were identified during the examination.
What the accounts disclose
“Rents received and other income 21,233” — page 3
Policies the charity declares
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
Trustees
- TREVOR ANDREW BLACKAMOREchair
- DAVID NEAL MAY
- Mark Bateman
- Martin John Pitt
- Ralph Pryke
- Richard Austin BEM
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £34k | £74k |
| 31/03/2024 | £36k | £37k |
| 31/03/2023 | £40k | £36k |
| 31/03/2022 | £42k | £28k |
| 31/03/2021 | £38k | £29k |
Common questions
Is SIR THOMAS MIDDLECOTTS EXHIBITION FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a deficit of £40,411 for the year ended 31 March 2025, resulting in a decrease in net assets from £862,960 to £822,549. The trustees note that cash reserves are held to ensure ongoing activities can be maintained, and the independent examiner confirmed no material matters were identified during the examination. Its FY2025 accounts were independently examined.