THE SHEFFIELD BLUECOAT AND MOUNT PLEASANT EDUCATIONAL FOUNDATION
The Trustees offer grants to young people under 25 living within a 20 mile radius of Sheffield city centre, who have, in the opinion of the Trustees, demonstrated need. Grants are made for a variety of purposes: education; study of music and other arts; physical education; 'Gap year' trips abroad and to local Youth Organisations.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net decrease in funds of £26,372 for the year ended 31 March 2025, driven by charitable expenditure exceeding investment income. The trustees confirm that unrestricted reserves of £110,512 remain comfortably above the stated policy target of approximately £80,000, ensuring adequate resources for future operations.
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 not less than the equivalent to between three and six months' expenditure (around £80,000).” — page 7
Trustees
- Stephen Clive Fowlerchair
- Giselle Lee Rodrigo
- Janet Elizabeth Brown
- Professor Mark Bateman
- Sarah Catherine Turner
- Sarah Jane Vohra
- Tony Groombridge
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £83k | £111k |
| 31/03/2024 | £84k | £86k |
| 31/03/2023 | £82k | £114k |
| 31/03/2022 | £75k | £60k |
| 31/03/2021 | £68k | £57k |
Common questions
Is THE SHEFFIELD BLUECOAT AND MOUNT PLEASANT EDUCATIONAL FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net decrease in funds of £26,372 for the year ended 31 March 2025, driven by charitable expenditure exceeding investment income. The trustees confirm that unrestricted reserves of £110,512 remain comfortably above the stated policy target of approximately £80,000, ensuring adequate resources for future operations. Its FY2025 accounts were independently examined.