SHAFTOE EDUCATIONAL FOUNDATION
Promoting the education, including social and physical training, of persons resident or who have a parent of parents resident in the Parish of Haydon. In providing for the school, or any other school in or substantially serving the Parish of Haydon, such special benefits of any kind not normally provided by the Local Education Authority.
Financial health, per its FY2025 accounts
The accounts state that the charity holds unrestricted reserves of £1,197,892 against an unrestricted expenditure of £174,555, indicating a strong liquidity position. The Trustees report a surplus for the year and confirm that the charity has adequate resources to continue in operational existence for the foreseeable future.
What the accounts disclose
“The main source of income for the charity during the period was investment income from the investment property portfolio totalling £232,156” — page 4
“They are satisfied that it is prudent to maintain an investment portfolio capable of generating enough income to support the management and administration of the charity, supplemented by liquid reserves to cover exceptional repair or renovation of buildings, and to ensure the availability of funds to maintain their ability to respond to meritorious grant applications.” — page 5
Trustees
- JOHN JAMES DRYDONchair
- BENEDICT LOFTUS BATES
- DORIS WARDLE
- EDWARD J BROWN
- ESMOND FAULKS
- Kelly Richardson
- LAURA ANN GILHESPY
- PAULA MARIE COLLIS
- Richard Hines
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £233k | £182k |
| 31/03/2024 | £222k | £171k |
| 31/03/2023 | £213k | £159k |
| 31/03/2022 | £198k | £196k |
| 31/03/2021 | £196k | £146k |
Common questions
Is SHAFTOE EDUCATIONAL FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that the charity holds unrestricted reserves of £1,197,892 against an unrestricted expenditure of £174,555, indicating a strong liquidity position. The Trustees report a surplus for the year and confirm that the charity has adequate resources to continue in operational existence for the foreseeable future. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE CHARLES SKEY CHARITABLE TRUST | 1 | £75k |
| BOURNEHEIGHTS LIMITED | 1 | £20k |
Charities like this
- MAYFORD ATHLETIC FOOTBALL CLUB
- THE CHADDESLEY CORBETT EDUCATIONAL FOUNDATION
- YESODEY HATORAH GIRLS SCHOOL LIMITED
- THE SHERBORNE SCHOOL FOUNDATION
- THE LUSHTRUST
- SHEEN MOUNT PRIMARY SCHOOL PARENT STAFF ASSOCIATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| SHAFTOE EDUCATIONAL FOUNDATION | £233k | — | 0 | above | — | no doubt |
| MAYFORD ATHLETIC FOOTBALL CLUB | £115k | — | 0 | within | — | no doubt |
| THE CHADDESLEY CORBETT EDUCATIONAL FOUNDATION | £128k | — | 0 | unclear | — | no doubt |
| YESODEY HATORAH GIRLS SCHOOL LIMITED | £2.5m | — | 0 | below | — | no doubt |
| THE SHERBORNE SCHOOL FOUNDATION | £506k | — | — | unclear | — | no doubt |
| THE LUSHTRUST | £107k | — | 0 | unclear | — | no doubt |