ALDERMAN NEWTON'S EDUCATIONAL FOUNDATION
Financial health, per its FY2024 accounts
The accounts state that total funds increased to £5,370,254, with unrestricted reserves of £202,181. The trustees maintain a reserves policy to cover 12 months of operating expenditure in the event of a significant income fall, and the current unrestricted balance is below the implied target of one year's expenditure given the £25,262 management cost. The charity is unincorporated, has no employees, and relies on trustee governance and external administrative services.
What the accounts disclose
Register events
- Received assets from another charity (08/07/2015)
Trustees
- Alexandra Joanne Blakemore
- CHARLES LINDSAY FRANKS
- CHERYL PHAROAH
- Canon Philip Jonathan O'Reilly SSC
- Cllr Dr Lynn Valerie Moore
- DR RICHARD RONAYNE HARRIES
- Damini Vaid Hansrani
- Gordon Stanley Springall
- MADAN KALLOW
- Pauline Edna Hinitt
- Rev Jonathan Mark Surridge
- WENDY T MARTIN
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £193k | £183k |
| 31/03/2024 | £189k | £218k |
| 31/03/2023 | £186k | £224k |
| 31/03/2022 | £179k | £208k |
| 31/03/2021 | £161k | £172k |
Common questions
Is ALDERMAN NEWTON'S EDUCATIONAL FOUNDATION financially healthy?
The accounts state that total funds increased to £5,370,254, with unrestricted reserves of £202,181. The trustees maintain a reserves policy to cover 12 months of operating expenditure in the event of a significant income fall, and the current unrestricted balance is below the implied target of one year's expenditure given the £25,262 management cost. The charity is unincorporated, has no employees, and relies on trustee governance and external administrative services. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| ST HILD AND ST BEDE TRUST | 1 | £831k |