THE RATCLIFFIAN ASSOCIATION AND CUNNINGHAM FUND
1) Promoting Education (including religous, social & physical training) of pupils attending Ratcliffe College.2) By awarding Bursaries. 3) In promoting education of pupils as aforesaid the trustees shall give preference to the sons & daughters of former pupils of Ratcliffe College and for the benefit of children of poor Irish parents
Financial health, per its FY2025 accounts
The accounts state that the charity holds unrestricted reserves of £197,697, which the trustees consider sufficient to maintain operations for three to six months of expenditure. The charity reports a healthy financial position with over £2.0m in investments and confirms it remains a going concern with adequate resources to cover liabilities.
What the accounts disclose
“It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month’s expenditure.” — page 5
Trustees
- Aisling Mitchell
- Alain Francois Regis Gavin
- James Anthony George Crossley
- Jonathan Reddin
- Richard Armitage
- Samantha Spillane
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £32k | £66k |
| 31/03/2024 | £35k | £46k |
| 31/03/2023 | £30k | £47k |
| 31/03/2022 | £21k | £100k |
| 31/03/2021 | £22k | £128k |
Common questions
Is THE RATCLIFFIAN ASSOCIATION AND CUNNINGHAM FUND financially healthy?
Per its FY2025 accounts: The accounts state that the charity holds unrestricted reserves of £197,697, which the trustees consider sufficient to maintain operations for three to six months of expenditure. The charity reports a healthy financial position with over £2.0m in investments and confirms it remains a going concern with adequate resources to cover liabilities. Its FY2025 accounts were independently examined.