MIRFIELD EDUCATIONAL CHARITY
The charity makes grants to advance, either generally or individually, the education (including social and physical training) of persons under the age of 25 who are resident, or who have a parent or parents resident, in the area of the former Urban District of Mirfield. The trustees meet in February, May and October each year to consider written applications received by the clerk.
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves stood at £1,943,203, an increase from the prior year's £1,928,406. The trustees consider the ideal level of reserves to be one where investment income matches annual expenditure, aiming to maintain reserves around the current £1,900,000 level. The charity reported a net movement in funds of £14,797, driven by investment gains of £57,943 against charitable expenditure of £110,087.
What the accounts disclose
“The trustees consider that the ideal level of reserves would be of such a level that allows for income from investments to match expenditure in the year.” — page 5
“During the year Mirfield Educational Chairty granted £1,000 to the grandson of Mrs C Sykes towards the cost of an Ipad.” — page 18
“During the year Mirfield Educational Chairty granted £176 to Mirfield In Bloom towards the cost of picking equipment.” — page 18
“During the year Mirfield Educational Chairty granted £1,000 to the grandson of Mrs C Sykes towards the cost of an Ipad.” — page 18
“During the year Mirfield Educational Chairty granted £176 to Mirfield In Bloom towards the cost of picking equipment.” — page 18
“During the year Mirfield Educational Chairty granted £1,000 to the grandson of Mrs C Sykes towards the cost of an Ipad.” — page 18
“During the year Mirfield Educational Chairty granted £176 to Mirfield In Bloom towards the cost of picking equipment.” — page 18
Trustees
- CHRISTINE SYKES
- CHRISTOPHER OLDFIELD
- COUNCILLOR VIVIEN LEES - HAMILTON
- Caroline Frances Stevens
- DEREK GRAHAM CROSS
- EDWARD ALAN SPEIGHT
- Graham Michael Nind
- JOHN MICHAEL HUTCHINSON
- STEPHEN MARTYN BOLT
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £67k | £110k |
| 31/03/2024 | £67k | £65k |
| 31/03/2023 | £63k | £58k |
| 31/03/2022 | £56k | £60k |
| 31/03/2021 | £56k | £49k |
Common questions
Is MIRFIELD EDUCATIONAL CHARITY financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves stood at £1,943,203, an increase from the prior year's £1,928,406. The trustees consider the ideal level of reserves to be one where investment income matches annual expenditure, aiming to maintain reserves around the current £1,900,000 level. The charity reported a net movement in funds of £14,797, driven by investment gains of £57,943 against charitable expenditure of £110,087. Its FY2025 accounts were independently examined.