SEBRIGHT'S EDUCATIONAL FOUNDATION
Financial health, per its FY2023 accounts
The accounts state that the Foundation expended all incoming resources during the year, resulting in a decrease in total fund balances from £6,725,050 to £6,487,035. This reduction was driven by a net investment loss of £238,015, which outweighed the incoming resources of £196,753. The trustees confirmed adequate resources for going concern and noted that all income was allocated to charitable purposes.
What the accounts disclose
“the Governors have no power to create reserves and are required by (a) the provisions of the before mentioned Scheme and of the Scheme of 23 December 1980 (in particular Clause 3 of the latter scheme) and (b) the Charity Commissioners, to expend the whole of the annual income of the Foundation in the year in which it arises.” — page 6
Trustees
- Andrew Constantinou
- Andrew John WEBBER
- Charles Anthony SHERREY
- DAVID JAMES BINNIAN
- Dr PHILLIP JOHN HOPKINS
- EMMA GRIFFIN
- JOHN REGINALD BRYSON
- Lyndon Darkes
- Maxine Yvonne Huselbee
- TREVOR JOHN BOTTERILL
- Victoria Agnes Bordewich
- WILLIAM IAN SOUTHAM
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/07/2025 | £205k | £205k |
| 31/07/2024 | £203k | £203k |
| 31/07/2023 | £197k | £197k |
| 31/07/2022 | £191k | £191k |
| 31/07/2021 | £183k | £183k |
Common questions
Is SEBRIGHT'S EDUCATIONAL FOUNDATION financially healthy?
The accounts state that the Foundation expended all incoming resources during the year, resulting in a decrease in total fund balances from £6,725,050 to £6,487,035. This reduction was driven by a net investment loss of £238,015, which outweighed the incoming resources of £196,753. The trustees confirmed adequate resources for going concern and noted that all income was allocated to charitable purposes. Its FY2023 accounts were independently examined.