THE PHILIP RECKITT EDUCATIONAL TRUST FUND
The primary activity of the charity is the provision of grants to individuals and groups of individuals towards the costs of travel, residence and attendances at conferences, lectures and educational courses.
Financial health, per its FY2024 accounts
The accounts state that total expenditure exceeded total income, resulting in a net deficit before investment gains that was covered by investment gains to produce a small net income. The charity holds unrestricted free funds of £1,059,694, which the trustees consider sufficient as they do not maintain a formal reserves policy.
What the accounts disclose
Trustees
- GLYNIS WITHAM
- JOHN RICHARD LANE LLB AKC
- Jane Margaret Warwick
- Jeremy Neil Allison
- PHILIP JAMES HARRISON HOLT FCA FCIE
- ROBERT ALAN WALPOLE
- Terence Michael Jones
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £34k | £65k |
| 31/12/2023 | £34k | £60k |
| 31/12/2022 | £31k | £57k |
| 31/12/2021 | £36k | £28k |
| 31/12/2020 | £32k | £25k |
Common questions
Is THE PHILIP RECKITT EDUCATIONAL TRUST FUND financially healthy?
Per its FY2024 accounts: The accounts state that total expenditure exceeded total income, resulting in a net deficit before investment gains that was covered by investment gains to produce a small net income. The charity holds unrestricted free funds of £1,059,694, which the trustees consider sufficient as they do not maintain a formal reserves policy. Its FY2024 accounts were independently examined.