FARMER EDUCATIONAL FOUNDATION
providing for any school in Holbeach or serving Holbeach special benefits not provided by the LEA and promoting the education of persons resident in the parish
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves stood at £105,446, which is above the trustees' stated target range of £10,000 to £15,000. The charity holds significant investment assets valued at £398,867 and property assets valued at £763,000, indicating a strong asset base. The independent examiner confirmed that no material matters came to their attention that would cause them to believe the accounts were not prepared in accordance with the Act.
What the accounts disclose
“The aim of Governors is to maintain a reserve of £10,000 to £15,000.” — page 5
Trustees
- ISOBEL HUTCHINSONchair
- Christopher John Penney
- Donna Marie Allen
- JENNY WORTH
- Mary Dack
- Sophie Hutchinson
- Stewart Allan Cuthbertson
- Susan Paula Boor
- Thomas Edmund Sneath
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £51k | £52k |
| 31/03/2024 | £58k | £47k |
| 31/03/2023 | £19k | £39k |
| 31/03/2022 | £29k | £40k |
| 31/03/2021 | £38k | £31k |
Common questions
Is FARMER EDUCATIONAL FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves stood at £105,446, which is above the trustees' stated target range of £10,000 to £15,000. The charity holds significant investment assets valued at £398,867 and property assets valued at £763,000, indicating a strong asset base. The independent examiner confirmed that no material matters came to their attention that would cause them to believe the accounts were not prepared in accordance with the Act. Its FY2025 accounts were independently examined.