LEEKE CHURCH SCHOOLS AND EDUCATIONAL FOUNDATION
Provides grants to young people aged 16 - 24 who live, or whose parents/carers live, within the City of Lincoln and are in financial need through low family income and/or difficult circumstances. Grants support study at Higher and Further Education, 6th Form, Apprenticeships and Vocational courses and help develop spiritual, moral, physical and mental health well-being.
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves stood at £92,285, which includes a designated property maintenance fund of £94,832. The general fund shows a negative balance of £2,547, a situation the trustees acknowledge and plan to address by reducing the property maintenance fund in the following year. The charity holds significant endowment assets valued at £1,111,023 and generates sufficient investment income to cover its charitable grants and operational costs.
What the accounts disclose
“Rents received 60,000” — page 13
“The trustees aim to hold unrestricted reserves sufficient to honour all commitments to pay grants in the future. As these commitments are recognised in the financial statements, this means that unrestricted reserves should be greater than £nil.” — page 7
“S Edgar was paid £4,000 (2024: £4,000) for services provided in the role of Clerk, Finance and Grants Officer and expenses of £108 (2024: £98). There was no additional payment in the current year. S Edgar is the spouse of trustee M Edgar.” — page 16
Trustees
- CHARLES RAWDING
- Dr Daphne Ann Whiteoak
- HELEN CADOGAN
- Jayne Arnold
- Judi Jones
- MICHAEL MARSDEN
- MR STEVE RUDMAN
- Martin Thomas Snee
- PAUL DAVID BREWSTER
- Rachel Louise Knowles
- Reverend Canon Peter Matthew Mullins
- Simon Mark Edgar
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £72k | £64k |
| 31/08/2024 | £71k | £61k |
| 31/08/2023 | £65k | £101k |
| 31/08/2022 | £63k | £49k |
| 31/08/2021 | £63k | £58k |
Common questions
Is LEEKE CHURCH SCHOOLS AND EDUCATIONAL FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves stood at £92,285, which includes a designated property maintenance fund of £94,832. The general fund shows a negative balance of £2,547, a situation the trustees acknowledge and plan to address by reducing the property maintenance fund in the following year. The charity holds significant endowment assets valued at £1,111,023 and generates sufficient investment income to cover its charitable grants and operational costs. Its FY2025 accounts were independently examined.