ST HILD AND ST BEDE TRUST
Financial health, per its FY2023 accounts
The accounts state that unrestricted free reserves of £259,095 were held at year-end, which the Trustees believe is in excess of their policy target of three to twelve months of expenditure. The Independent Auditor issued a qualified opinion because they could not verify the split between endowment and unrestricted funds, meaning the validity of the disclosed free reserves level could not be satisfactorily concluded.
What the accounts disclose
“The trustees have been unable to provide satisfactory evidence as to which investments held by the charity are held as endowment funds. Consequently, we were unable to verify the split between endowment funds and unrestricted funds within the statement of financial activities and the analysis of net assets between funds within the notes to the financial statements.” — page 8
“The trustees have been unable to provide satisfactory evidence as to which investments held by the charity are held as endowment funds. Consequently, we were unable to verify the split between endowment funds and unrestricted funds within the statement of financial activities and the analysis of net assets between funds within the notes to the financial statements. Our report is not qualified in any other respect.” — page 8
“North East Religious Learning Resources Centre Limited Charity number 105285, company number 3188730.” — page 4
Trustees
- Dr Andrew Thomas Fowlerchair
- CANON LINDA BURTON
- Erica Jane Soulsby
- George William Carter
- James Robert Walsh
- MARTIN STAND
- Pauline Hilary Pearson
- Rev Elizabeth Mary Wilkinson
- SALLY MILNER
- Sally Beth Cooper
- Simon Peter Forrest
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £296k | £252k |
| 31/03/2024 | £288k | £237k |
| 31/03/2023 | £285k | £235k |
| 31/03/2022 | £277k | £242k |
| 31/03/2021 | £264k | £262k |
Common questions
Is ST HILD AND ST BEDE TRUST financially healthy?
The accounts state that unrestricted free reserves of £259,095 were held at year-end, which the Trustees believe is in excess of their policy target of three to twelve months of expenditure. The Independent Auditor issued a qualified opinion because they could not verify the split between endowment and unrestricted funds, meaning the validity of the disclosed free reserves level could not be satisfactorily concluded. Its FY2023 accounts were audited by Allen Sykes Ltd.
Who funds ST HILD AND ST BEDE TRUST?
Funders whose own accounts filings name ST HILD AND ST BEDE TRUST as a grant recipient include ST HILD AND ST BEDE TRUST.
Shared trustees with funders
- CANON LINDA BURTON — trustee here and at ST HILD AND ST BEDE TRUST
- Dr Andrew Thomas Fowler — trustee here and at ST HILD AND ST BEDE TRUST
- Erica Jane Soulsby — trustee here and at ST HILD AND ST BEDE TRUST
- George William Carter — trustee here and at ST HILD AND ST BEDE TRUST
- James Robert Walsh — trustee here and at ST HILD AND ST BEDE TRUST
- MARTIN STAND — trustee here and at ST HILD AND ST BEDE TRUST
- Pauline Hilary Pearson — trustee here and at ST HILD AND ST BEDE TRUST
- Rev Elizabeth Mary Wilkinson — trustee here and at ST HILD AND ST BEDE TRUST
- SALLY MILNER — trustee here and at ST HILD AND ST BEDE TRUST
- Sally Beth Cooper — trustee here and at ST HILD AND ST BEDE TRUST
Known funders
| Funder | Year | Amount |
|---|---|---|
| ST HILD AND ST BEDE TRUST | FY2023 | £831k |