TANWORTH EDUCATIONAL FOUNDATION
The object of the Charity is to "promote and advance education of boys and girls in the parish of Tanworth and to serve other charitable uses". These purposes are principally served by the trustees maintaining and improving the School properties at Tanworth in Arden and Salter Street, Earlswood.
Financial health, per its FY2024 accounts
The accounts state that the charity holds total net assets of £4,720,254, comprising a large endowment fund of £4,643,174 and unrestricted funds of £77,080. The trustees maintain a reserves policy targeting three to six months of expenditure, a level which was maintained throughout the year. The charity reported a net surplus on activities of £7,765 for the year ended 31 December 2024.
What the accounts disclose
“Dividends and interest receivable 45,502” — page 14
“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 months’ expenditure.” — page 4
Property (HM Land Registry)
Trustees
- DAVID BURGESS
- DAVID NEIL FARROW
- MR DICK KING
- PAM POPE
- PAUL MICHAEL STEWART
- ROBERT FREDERICK MUNTZ
- SHARON MARIE HIPKISS
- VALERIE ANN HAKE
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £77k | £69k |
| 31/12/2023 | £72k | £63k |
| 31/12/2022 | £70k | £76k |
| 31/12/2021 | £75k | £65k |
| 31/12/2020 | £77k | £103k |
Common questions
Is TANWORTH EDUCATIONAL FOUNDATION financially healthy?
Per its FY2024 accounts: The accounts state that the charity holds total net assets of £4,720,254, comprising a large endowment fund of £4,643,174 and unrestricted funds of £77,080. The trustees maintain a reserves policy targeting three to six months of expenditure, a level which was maintained throughout the year. The charity reported a net surplus on activities of £7,765 for the year ended 31 December 2024. Its FY2024 accounts were independently examined.