THE RUGELEY EDUCATIONAL ENDOWMENT
Awarding to beneficiaries scholarships,grants or maintenance allowances tenable to any school,university or other place of learning approved by the council.Providing financial assistance,outfits,clothing,tools,instruments or books to help beneficiaries on leaving school,university or any other educational establishment to prepare entering a trade or profession.
Objects
THE TRUSTEE SHALL APPLY THE CLEAR INCOME OF THE FOUNDATION IN ONE OR MORE OF THE FOLLOWING WAYS:(A) IN PROVIDING FOR ANY ELIGIBLE SCHOOL EQUIPMENT AND OTHER ITEMS, SERVICES AND FACILITIES FOR SUCH SCHOOL AND THEREBY ADVANCE EDUCATION THEREAT;(B) IN OTHERWISE PROMOTING THE EDUCATION (INCLUDING SOCIAL AND PHYSICAL TRAINING), EITHER GENERALLY OR INDIVIDUALLY, OF BENEFICIARIES.THE TRUSTEE PASSED A RESOLUTION UNDER SECTION 282 OF THE CHARITIES ACT TO RELEASE SOME PERMANENT ENDOWMENT WHICH WAS AGREED ON THE 16 SEPTEMBER 2021
Financial health, per its FY2025 accounts
The accounts state that the charity generated a surplus of £23,776.65 for the year, with total income of £56,319.25 against expenditure of £32,542.60. The charity holds significant permanent investments valued at £1,831,203 as of 31 March 2025. Committed expenditure of £21,375.26 remains unspent at year-end, leaving £75,207.48 available for future use.
What the accounts disclose
“total income received from permanent and temporary investments was £56,319.25”
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £56k | £33k |
| 31/03/2024 | £56k | £99k |
| 31/03/2023 | £89k | £61k |
| 31/03/2022 | £85k | £85k |
| 31/03/2021 | £83k | £68k |
Common questions
Is THE RUGELEY EDUCATIONAL ENDOWMENT financially healthy?
Per its FY2025 accounts: The accounts state that the charity generated a surplus of £23,776.65 for the year, with total income of £56,319.25 against expenditure of £32,542.60. The charity holds significant permanent investments valued at £1,831,203 as of 31 March 2025. Committed expenditure of £21,375.26 remains unspent at year-end, leaving £75,207.48 available for future use. Its FY2025 accounts were independently examined.