QUEEN ELIZABETH'S ENDOWED SCHOOL TRUST
Provision of items, services and facilities for Queen Elizabeth Endowed School, Mansfield.
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves stood at £1,747,182 against total funds of £1,759,140, with the charity reporting a net expenditure of £57,589 for the year. The trustees note a dependency on continued bank support to maintain the going concern basis, citing uncertainty regarding the wider geopolitical environment and cost of living. Despite this, the trustees confirm that assets are available to fulfill obligations and the charity has adequate resources for the foreseeable future.
What the accounts disclose
“Investment income - local investment properties 34,881”
“The trustees continue to monitor the position closely however they believe that the charity can continue at its current level of activity subject to continued support from the bank and they therefore continue to adopt the going concern basis.”
“During the year the charity has entered into related party transactions with a business run by the son of J Carter, the chairman of the charity. These are for site work on the school and the total for the year was £6,870 (2024 - £4,050). There was £nil owing by the charity at 31 March 2025 (2024 - £nil). There are no additional related party transactions to disclose.” — page 21
Register events
- Received assets from another charity (05/09/2022)
Trustees
- JOHN CARTERchair
- Brian Wheatcroft
- Cllr David Smith
- Colin Clayton
- ELAINE TWIGGER
- MARTIN LEE
- Paul Henshaw
- Terry Clay
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £57k | £131k |
| 31/03/2024 | £61k | £76k |
| 31/03/2023 | £81k | £115k |
| 31/03/2022 | £69k | £169k |
| 31/03/2021 | £52k | £185k |
Common questions
Is QUEEN ELIZABETH'S ENDOWED SCHOOL TRUST financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves stood at £1,747,182 against total funds of £1,759,140, with the charity reporting a net expenditure of £57,589 for the year. The trustees note a dependency on continued bank support to maintain the going concern basis, citing uncertainty regarding the wider geopolitical environment and cost of living. Despite this, the trustees confirm that assets are available to fulfill obligations and the charity has adequate resources for the foreseeable future. Its FY2025 accounts were independently examined.