THE WEEKITE FUND
Educational assistance
Objects
(A) ASSISTING ANY SON OF AN OLD WEEKITE WHO IS INNEED OF SUCH ASSISTANCE TO ENTER UPON OR COMPLETE HIS EDUCATION IN WEEKITES (B) ASSISTING ANY WEEKITE WHO IS IN NEED OF SUCH ASSISTANCE TO ENTER UPON OR COMPLETE HIS EDUCAION IN WEEKITES. (C) ASSISTING THE SON OF ANY OLD CARTHUSIAN WHO IS IN NEED OF SUCH ASSISTANCE TO ENABLE HIM TO ENTER UPON OR COMPLETE HIS EDUCATION AT CHARTERHOUSE. (D) ASSISTING ANY CARTHUSIAN WHO IS IN NEED OF SUCH ASSISTANCE TO ENABLE HIM TO COMPLETE HIS EDUCATION AT CHRTERHOUSE. (E) ASSISTING ANY CILD OF AN OLD CARTHUSIAN WHO IS IN NEED OF SUCH ASSISTANCE BY MAKING GRANTS OR ANNUAL PAYMENTS TOWARDS HIS OR HER EDUCATION. (F) RELIEVING THE POVERTY OF AY OLD CARTHUSIAN OR WIDOW OR CHILDREN OR DEPENDANTS OF ANY DECEASED OLD CARTHUSIAN
Financial health, per its FY2025 accounts
The accounts state that the Fund remains in sound financial health with income exceeding expenditure. The net assets increased from £151,652 to £163,704 between the years ended 31 March 2024 and 31 March 2025. The trustees note that cash weighting was higher than historical trends but consistent with long-term aims of capital appreciation and liquidity.
What the accounts disclose
Policies the charity declares
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Investing charity funds policy and procedures
Trustees
- Alex Campbell
- Anthony Andrew Jurenko
- JAMES DAVID GRANT SAVAGE
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £36k | £4 |
| 05/04/2024 | £49k | £0 |
| 05/04/2023 | £6k | £640 |
| 05/04/2022 | £4k | £0 |
| 05/04/2021 | £4k | £0 |
Common questions
Is THE WEEKITE FUND financially healthy?
Per its FY2025 accounts: The accounts state that the Fund remains in sound financial health with income exceeding expenditure. The net assets increased from £151,652 to £163,704 between the years ended 31 March 2024 and 31 March 2025. The trustees note that cash weighting was higher than historical trends but consistent with long-term aims of capital appreciation and liquidity. Its FY2025 accounts were independently examined.