EDUCATIONAL FOUNDATION OF SIMON LORD DIGBY AND OTHERS
The object of the charity is to advance, for the public benefit, the education of pupils who live or attend school in the ancient parish of Coleshill (including parts of Kingshurst and Chelmsley Wood) and are in financial need, by awarding grants, scholarships or making provisions in such other ways as the trustees decide, having regard to the principles of the Church of England.
Financial health, per its FY2024 accounts
The accounts state that free reserves totalled £1,247,299 at the end of the year, with no stated reserves policy target. The charity reported a net movement in funds of (2,493) for the year, primarily due to charitable expenditure exceeding investment income, though accumulated funds remain substantial at £1,247,229.
What the accounts disclose
Trustees
- Rev Sarah Tillettchair
- JOHN ERNEST WALL
- JOHN TRUMAN
- Jacqueline Ann Treadwell
- Owen George Nicholds
- Susan Mary Wallace
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £42k | £44k |
| 31/12/2023 | £39k | £39k |
| 31/12/2022 | £38k | £30k |
| 31/12/2021 | £37k | £1k |
| 31/12/2020 | £34k | £2k |
Common questions
Is EDUCATIONAL FOUNDATION OF SIMON LORD DIGBY AND OTHERS financially healthy?
Per its FY2024 accounts: The accounts state that free reserves totalled £1,247,299 at the end of the year, with no stated reserves policy target. The charity reported a net movement in funds of (2,493) for the year, primarily due to charitable expenditure exceeding investment income, though accumulated funds remain substantial at £1,247,229. Its FY2024 accounts were independently examined.