HELE'S EDUCATIONAL TRUST
TO MAKE GRANTS TO MAINTAINED SCHOOLS WITHIN THE CITY OF EXETER FOR SPECIALISED EQUIPMENT AND IMPROVEMENT OF FACILITIES NOT NORMALLY PROVIDED BY THE LOCAL AUTHORITY AND TO GIVE GRANTS FOR EDUCATIONAL PURPOSES TO INDIVIDUALS UNDER 25 WHO ATTEND HAVE ATTENDED A MAINTAINED SCHOOL IN EXETER OR EXETER COLLEGE.
Financial health, per its FY2025 accounts
The accounts state that the Trust reported a deficit of £12,030 for the year ended 31 March 2025, resulting in a net decrease in total funds. Per the trustees' report, the Trust maintains reserves at a level appropriate to its operations, with unrestricted funds of £180,921 and total net assets of £2,761,660. The trustees confirm that the Trust remains a going concern based on the current level of its funds.
What the accounts disclose
“It is the policy of the Trustees to maintain reserves at a level appropriate to the Trust’s operations. Cash reserves are maintained at such a level as to be able to respond to requests for assistance.” — page 6
Trustees
- CLLR Andrew James Ketchin
- Cllr Andrew Robert Leadbetter
- Cllr Angela Nash
- Cllr Edward Hill
- Cllr Jack Eade
- Cllr Neil Stevens
- Cllr Thomas Morgan Richardson
- Cllr Tony Stevens
- Michael Mitchell
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £83k | £95k |
| 31/03/2024 | £78k | £91k |
| 31/03/2023 | £80k | £56k |
| 31/03/2022 | £73k | £41k |
| 31/03/2021 | £68k | £35k |
Common questions
Is HELE'S EDUCATIONAL TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the Trust reported a deficit of £12,030 for the year ended 31 March 2025, resulting in a net decrease in total funds. Per the trustees' report, the Trust maintains reserves at a level appropriate to its operations, with unrestricted funds of £180,921 and total net assets of £2,761,660. The trustees confirm that the Trust remains a going concern based on the current level of its funds. Its FY2025 accounts were independently examined.
Who funds HELE'S EDUCATIONAL TRUST?
Funders whose own accounts filings name HELE'S EDUCATIONAL TRUST as a grant recipient include ST JOHN'S HOSPITAL EDUCATIONAL FOUNDATION.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| ST JOHN'S HOSPITAL EDUCATIONAL FOUNDATION | FY2022 | £8k | Annual payments |
| ST JOHN'S HOSPITAL EDUCATIONAL FOUNDATION | FY2023 | £400 | Annual payment |
| ST JOHN'S HOSPITAL EDUCATIONAL FOUNDATION | FY2024 | £400 | Annual payment |