THE DAWSON AND FOWLER FOUNDATION
Educational/apprenticeship grants for young people aged between 11 and 25 years, living in Loughborough and Hathern
Financial health, per its FY2024 accounts
The accounts state that the charity held unrestricted net assets of £678,654.65 as of 31 December 2024, with a bank balance of £69,800.65. The trustees consider free reserves of not less than £50,000 to be appropriate, indicating that current unrestricted resources exceed the stated policy target. The independent examiner reported no matters requiring attention, and the trustees confirmed that risk systems are in place to mitigate exposure.
What the accounts disclose
“The Trustees believe that it is appropriate to have free reserves of not less than one year’s expenditure plus £15,000 as an additional reserve for emergency property repairs. Therefore, at current levels free reserves of not less than £50,000 are appropriate.” — page 7
“The Clerk is responsible for the day to day administration of the Foundation and receives an honorarium for this service. This is listed in the accounts.” — page 4
“Property Management: Mather Jamie Ltd, Chartered Surveyors and Huntley’s Estate Agents” — page 4
“The Clerk is responsible for the day to day administration of the Foundation and receives an honorarium for this service. This is listed in the accounts.” — page 4
“Property Management: Mather Jamie Ltd, Chartered Surveyors and Huntley’s Estate Agents” — page 4
Trustees
- ANN MADDOCKSchair
- CHRISTINE SCOGGINS
- David John Robertson
- JOANNE BLYTH
- Jewel Miah
- Shamsurnehar Biswas
- Stuart Swan
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £70k | £68k |
| 31/12/2023 | £84k | £99k |
| 31/12/2022 | £73k | £59k |
| 31/12/2021 | £39k | £42k |
| 31/12/2020 | £49k | £42k |
Common questions
Is THE DAWSON AND FOWLER FOUNDATION financially healthy?
Per its FY2024 accounts: The accounts state that the charity held unrestricted net assets of £678,654.65 as of 31 December 2024, with a bank balance of £69,800.65. The trustees consider free reserves of not less than £50,000 to be appropriate, indicating that current unrestricted resources exceed the stated policy target. The independent examiner reported no matters requiring attention, and the trustees confirmed that risk systems are in place to mitigate exposure. Its FY2024 accounts were independently examined.