NEWTON BURSARY FUND

Charity number: 1013843
Charity reporting is up to date (on time)

Charity overview

Activities - how the charity spends its money

The promotion and encouragement of education at Newton Prep by providing scholarship awards.

Income and expenditure

Data for financial year ending 31 August 2024

Total income: £331,440
Total expenditure: £373,389

People

7 Trustee(s)

Employees with total benefits over £60,000

No information available

Fundraising

No information available

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

Main way of carrying out purposes is grant making
What the charity does:
  • Education/training
Who the charity helps:
  • Children/young People
How the charity helps:
  • Makes Grants To Individuals
Where the charity operates:
  • Wandsworth

Governance

Registration history:
  • 21 August 1992: Standard registration
Organisation type:
Trust
Other names:
  • NEWTON SCHOLARSHIP FUND (Previous name)
Gift aid:
Recognised by HMRC for gift aid
Other regulators:
No information available
Policies:
  • Conflicting interests
  • Financial reserves policy and procedures
  • Internal charity financial controls policy and procedures
  • Internal risk management policy and procedures
  • Investing charity funds policy and procedures
  • Risk management
  • Safeguarding policy and procedures
  • Serious incident reporting policy and procedures
  • Trustee conflicts of interest policy and procedures
  • Trustee expenses policy and procedures
Land and property:
This charity does not own and/or lease land or property

Trustees

Trustees are the people responsible for controlling the work, management and administration of the charity on behalf of its beneficiaries. Generally trustees are treasurer, chair, board member etc. The trustees are responsible for keeping this list up to date and can do this by updating their details as they happen through the online service

7 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
Karine Neri Trustee 03 December 2024
NEWTON PREP PTA
Received: On time
Menna McGregor Trustee 03 December 2024
None on record
Steffen Goelkel Trustee 21 September 2021
NEWTON PREP PTA
Received: On time
Matt Downing Trustee 08 November 2018
None on record
Alison Fleming Trustee 11 December 2013
None on record
Farhaan Walji Trustee 12 December 2012
None on record
Dr Farouk Walji Trustee
None on record

Financial history

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Financial period end date

Income / Expenditure 31/08/2020 31/08/2021 31/08/2022 31/08/2023 31/08/2024
Total gross income £251.71k £170.31k £264.17k £219.71k £331.44k
Total expenditure £274.28k £185.36k £294.65k £404.01k £373.39k
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

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 2024 13 May 2025 On Time
Accounts and TAR 31 August 2024 13 May 2025 On Time Download Open in new window
Annual return 31 August 2023 15 December 2023 On Time
Accounts and TAR 31 August 2023 15 December 2023 On Time Download Open in new window
Annual return 31 August 2022 24 March 2023 On Time
Accounts and TAR 31 August 2022 24 March 2023 On Time Download Open in new window
Annual return 31 August 2021 15 December 2021 On Time
Accounts and TAR 31 August 2021 15 December 2021 On Time Download Open in new window
Annual return 31 August 2020 08 December 2020 On Time
Accounts and TAR 31 August 2020 08 December 2020 On Time Download Open in new window
Submit annual return Open in new window

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.

TRUST DEED DATED 22ND JULY 1992 AS AMENDED ON 16 JUN 2016

Charitable objects

THE TRUSTEES SHALL HOLD THE FUND UPON TRUST FOR THE APPLICATION OF THE INCOME AND CAPITAL IN PERPETUITY FOR THE PROMOTION AND ENCOURAGEMENT OF EDUCATION AT THE SCHOOL IN THE MANNER SPECIFIED IN CLAUSE 7 7.1 THE SCHOLARSHIPS THE INCOME OF THE FUND SHALL BE APPLIED IN ESTABLISHING AND MAINTAINING SCHOLARSHIPS TO BE CALLED THE FOUNDATION SCHOLARSHIPS TO BE FROM TIME TO TIME AWARDED IN THE MANNER SPECIFIED IN CLAUSE 8 TO PUPILS OF THE SCHOOL AND TO BE HELD AND ENJOYED AS PROVIDED IN CLAUSE 8 7.2 THE TRUSTEES MAY IN ANY ONE ACADEMIC YEAR AT THEIR ABSOLUTE DISCRETION APPLY ANY INCOME ACCUMULATED AND ALLOCATED AS CAPITAL PURSUANT TO CLAUSE 9 THEREOF AND UP TO BUT NOT EXCEEDING TEN PER CENT OF THE CAPITAL OF THE FUND FOR THE PURPOSES SPECIFIED IN CLAUSE 7.1 HEREOF 8. NUMBER OF SCHOLARSHIPS THE SCHOLARSHIPS SHALL BE OF SUCH NUMBER AND EACH SHALL BE OF SUCH YEARLY VALUE AS THE TRUSTEES MAY DECIDE FROM TIME TO TIME HAVING REGARD TO THE INCOME OF THE FUND 9. RESIDUE OF INCOME ANY RESIDUE OF INCOME AFTER SATISFYING THE ABOVE PURPOSE SHALL BE ACCUMULATED AND ADDED TO THE CAPITAL OF THE FUND AND BE DEALT WITH AS PART OF SUCH CAPITAL.

Area of benefit

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

NOT DEFINED

Contact information

Address:
Newton Bursary Fund
c/o 149 Battersea Park Road
London
SW8 4BX
Phone:
02077204091
Email:
financemanager@newtonprep.co.uk
Website:

https://www.newtonprepschool.co.uk/admissions/bursaries Open in new window