SHAFTOE EDUCATIONAL FOUNDATION
Latest income
£233k
Latest spending
£182k
Registered
1985
Accounts read
FY2025
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
Reserves policy: 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 (held: £1.2m)
“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
Per its FY2025 accounts as filed with the Charity Commission.
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?
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 | £50k |