DENBIGHSHIRE EDUCATION FOUNDATION

Charity number: 525754
Removed charity

Charity overview

Activities - how the charity spends its money

The Charity shall be for the provision and conduct in or near Ruthin of a day and boarding school for boys and girls.

Income and expenditure

Data for financial year ending 31 August 2022

Total income:
£5,722,119

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Donations and legacies £27.60k
Charitable activities £5.67m
Other trading activities £24.35k
Investments £0
Other £0

Total expenditure:
£6,677,601

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Raising funds £111.93k
Charitable activities £6.57m
Other £0

£0 investments gains (losses)

Charitable expenditure

Charitable expenditure

Some charities generate all, or a substantial part, of their income from investments which may have been donated to the charity as endowment or set aside by the charity from its own resources in the past. Such investments usually take the form of stocks and shares but may include other assets, such as property, that are capable of generating income and/or capital growth.

In managing their spending and investments charities need to strike a balance between the needs of future and current beneficiaries. They also need to take account of spending commitments that may stretch over a number of future years. To do this, charities will normally adopt an investment strategy designed to generate both income and capital growth. To maximise returns trustees may commit to investment strategies for several years.

Investments can experience large swings in value so trustees may, in a particular year, decide to realise and spend part of their charity’s capital or to invest part of its income.

By clicking the investment gains checkbox the charitable spending bar is adjusted to take account of capital growth as well as income. This shows the balance the charity is striking, between spending on current beneficiaries and retaining resources for future beneficiaries.

Text alternative for this canvas graphic is in the data table below.
Raising funds and other expenditure £111.93k
Charitable expenditure £6.57m

Fundraising

This charity does not raise funds from the public

Trading

This charity does not have any trading subsidiaries.

Trustee payments

No trustees receive any remuneration, payments or benefits from the charity.

What, who, how, where

What the charity does:
  • Education/training
Who the charity helps:
  • Children/young People
How the charity helps:
  • Provides Other Finance
  • Provides Human Resources
  • Provides Buildings/facilities/open Space
Where the charity operates:
  • Denbighshire
  • Powys

Governance

Registration history:
  • 13 January 1999: Standard registration
  • 24 August 2023: Removed (Amalgamated)
  • 24 August 2023: Funds transferred to
Organisation type:
Other
Other names:
  • RUTHIN SCHOOL (Previous name)
Gift aid:
Not recognised by HMRC for gift aid
Other regulators:
No information available
Policies:
  • Complaints handling
  • Conflicting interests
  • Investment
  • Paying staff
  • Risk management
  • Safeguarding vulnerable beneficiaries
  • Volunteer management
Land and property:
This charity owns and/or leases land or property

Financial history

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Financial period end date

Income / Expenditure 31/08/2018 31/08/2019 31/08/2020 31/08/2021 31/08/2022
Total gross income £8.48m £8.82m £9.11m £6.94m £5.72m
Total expenditure £7.19m £8.37m £8.75m £7.85m £6.68m
Income from government contracts N/A N/A N/A N/A N/A
Income from government grants N/A N/A N/A N/A N/A
Income - Donations and legacies £0 £109.13k £28.05k £17.93k £27.60k
Income - Other trading activities £5.46k £4.02k £9.98k £15.55k £24.35k
Income - Charitable activities £8.47m £8.71m £8.26m £6.52m £5.67m
Income - Endowments £0 £0 £0 £0 £0
Income - Investment £0 £0 £0 £0 £0
Income - Other £0 £0 £812.99k £385.07k £0
Income - Legacies £0 £0 £0 £0 £5.00k
Expenditure - Charitable activities £7.19m £8.23m £8.61m £7.74m £6.57m
Expenditure - Raising funds £0 £138.40k £137.51k £107.60k £111.93k
Expenditure - Governance £48.78k £9.18k £933.67k £439.33k £241.96k
Expenditure - Grants institution £0 £0 £0 £0 £0
Expenditure - Investment management £0 £0 £0 £0 £0
Expenditure - Other £0 £0 £0 £0 £0

Assets and liabilities

Definitions for assets and liabilities
Own use assets

These are assets, other than investments, which are held for more than 12 months and used to run and administer the charity such as buildings, offices, exhibits and fixtures and fittings.

Long term Investments

Investments are assets held by the charity with the sole aim of generating income which will be used for their charitable purposes such as deposit accounts, shares, rental property and unit trusts.
Investment assets are re-valued every year and included in the balance sheet at their current market value.
Long term investments are held for more than 12 months.

Other assets

These are assets held generally for less than 12 months such as cash and bank balances, debtors, investments to be sold within the coming year and trading stock.

Defined benefit pension scheme asset or liability

This is a surplus or deficit in any defined benefit pension scheme operated and represents a potential long-term asset or liability.

Total liabilities

These are all the amounts owed by the charity at the balance sheet date to third parties such as bills due but not yet paid, bank overdrafts and loans and mortgages.

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Asset / Liability 31/08/2018 31/08/2019 31/08/2020 31/08/2021 31/08/2022
Own use assets £14.54m £15.16m £14.88m £14.43m £14.00m
Long-term investments £8.80k £307.27k £539.01k £0 £0
Other assets £2.56m £5.47m £3.82m £2.41m £1.01m
Defined benefit pension scheme asset or liability £0 £0 £0 £0 £0
Total liabilities £7.93m £13.44m £11.44m £9.90m £9.03m

Accounts and annual returns

This table shows the charity's record of submitting annual returns, accounts and trustees' annual report (TAR) for the last five financial periods.
Title Reporting year Date received Received Download
Annual return 31 August 2023 Not submitted
Accounts and TAR 31 August 2023 Not submitted
Annual return 31 August 2022 12 July 2023 12 days late
Accounts and TAR 31 August 2022 12 July 2023 12 days late
Annual return 31 August 2021 11 July 2023 376 days late
Accounts and TAR 31 August 2021 11 July 2023 376 days late
Annual return 31 August 2020 09 May 2022 313 days late
Accounts and TAR 31 August 2020 09 May 2022 313 days late
Annual return 31 August 2019 28 March 2020 On Time
Accounts and TAR 31 August 2019 28 March 2020 On Time

Governing document

Details of the type of governing document the charity has and when it was established.
It is not the full text of the charity's governing document.

SCHEME OF THE 4 AUGUST 1981 AS VARIED BY SCHEME OF 7 JULY 1986 AND 12 JUNE 1991. RESOLUTIONS UNDER S.75A OF THE CHARITIES ACT 1993, AS AMENDED BY THE CHARITIES ACT 2006 ON 11 FEBRUARY 2009 AND 15 OCTOBER 2010. AS AMENDED BY SCHEME DATED 19 MAY 2023

Charitable objects

FOR THE PUBLIC BENEFIT, THE ADVANCEMENT OF EDUCATION (INCLUDING SOCIAL AND PHYSICAL TRAINING OR ACTIVITIES) OF QUALIFYING PERSONS IN SUCH WAYS AS THE TRUSTEE THINKS FIT INCLUDING, BUT NOT LIMITED TO: (I) THE PROVISION, OR ASSISTANCE IN THE PROVISION, OF SCHOLARSHIPS, MAINTENANCE ALLOWANCES, GRANTS AND SUCH OTHER FINANCIAL ASSISTANCE AS THE TRUSTEE THINK FIT FOR QUALIFYING PERSONS ATTENDING OR INTENDING TO ATTEND A COURSE OF STUDY AT A SCHOOL, COLLEGE, OR OTHER EDUCATIONAL ESTABLISHMENT OR WHO IS SERVING OR INTENDING TO SERVE AN APPRENTICESHIP; (II) THE PROVISION, OR ASSISTANCE IN THE PROVISION, OF BOOKS, OTHER EDUCATIONAL MATERIALS AND EQUIPMENT, SCHOOL UNIFORMS AND MUSICAL INSTRUMENTS FOR QUALIFYING PERSONS ATTENDING OR INTENDING TO ATTEND A COURSE OF STUDY AT A SCHOOL, COLLEGE, OR OTHER EDUCATIONAL ESTABLISHMENT OR WHO IS SERVING OR INTENDING TO SERVE AN APPRENTICESHIP; (III) THE SUPPORT, OR ASSISTANCE IN THE SUPPORT, OF EXTRA CURRICULA ACTIVITIES AND/OR ACTIVITIES THAT ENHANCE OR SUPPLEMENT THE CURRICULUM OF SCHOOLS, COLLEGES, OR OTHER EDUCATIONAL ESTABLISHMENTS; AND (IV) THE PAYMENT OF TRAVEL TO AND FROM A SCHOOL, COLLEGE OR OTHER EDUCATIONAL ESTABLISHMENT OR TRAVEL FOR EDUCATIONAL PURPOSES IN THE UNITED KINGDOM OR ABROAD.

Area of benefit

The area the charity can operate in, as set out in its governing document.

DENBIGHSHIRE

Linked charities

Linked charities
Linked charity 525754-1 GRAHAMS CLOSE
Governing document
TRUST DEED DATED 9 NOVEMBER 1938 AS VARIED BY SCHEMES SEALED 7 JULY 1986 AND 12 JULY 1991
Charitable objects
A PLAYING FIELD FOR RUTHIN SCHOOL
Area of benefit
RUTHIN
Registration history
  • 13 January 1999 : Standard registration
  • 24 August 2023 : Removed
  • 24 August 2023 : Asset transfer out