WHITSTONE HEAD EDUCATIONAL TRUST LIMITED

Charity number: 273589
Removed charity

Charity overview

Activities - how the charity spends its money

IN LIQUIDATION

Income and expenditure

Data for financial year ending 31 August 2014

Total income:
£1,309,231

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Donations and legacies £0
Charitable activities £1.31m
Other trading activities £0
Investments £82
Other £3.45k

Total expenditure:
£1,544,294

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Raising funds £0
Charitable activities £1.52m
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.

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Raising funds and other expenditure £26.72k
Charitable expenditure £1.52m

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 Human Resources
  • Provides Buildings/facilities/open Space
  • Provides Services
Where the charity operates:
  • Cornwall

Governance

Registration history:
  • 17 June 1977: Standard registration
  • 04 March 2022: Removed (Ceased to exist)
Organisation type:
Charitable company
Other names:
  • WHITSTONE HEAD SCHOOL (Working name)
Gift aid:
Not recognised by HMRC for gift aid
Other regulators:
No information available
Policies:
No policies declared
Land and property:
This charity owns and/or leases land or property

Financial history

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Financial period end date

Income / Expenditure 31/08/2010 31/08/2011 31/08/2012 31/08/2013 31/08/2014
Total gross income £1.23m £1.46m £1.51m £1.36m £1.31m
Total expenditure £1.43m £1.45m £1.44m £1.43m £1.54m
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 £500 £0 £0 £0 £0
Income - Other trading activities £0 £0 £0 £0 £0
Income - Charitable activities £1.23m £1.46m £1.51m £1.36m £1.31m
Income - Endowments £0 £0 £0 £0 £0
Income - Investment £157 £124 £311 £182 £82
Income - Other £0 £0 £0 £0 £3.45k
Income - Legacies £0 £0 £0 £0 £0
Expenditure - Charitable activities £1.42m £1.44m £1.43m £1.41m £1.52m
Expenditure - Raising funds N/A N/A N/A N/A N/A
Expenditure - Governance £12.12k £12.75k £13.34k £13.77k £26.72k
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 31/08/2010 31/08/2011 31/08/2012 31/08/2013 31/08/2014
Own use assets £857.56k £831.46k £816.85k £789.27k £683.69k
Long-term investments £0 £0 £0 £0 £0
Other assets £45.31k £326.73k £399.18k £193.94k £8.14k
Defined benefit pension scheme asset or liability £0 £0 £0 £0 £0
Total liabilities £193.32k £438.25k £429.93k £266.79k £210.47k

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 2021
Accounts and TAR 31 August 2021
Annual return 31 August 2020
Accounts and TAR 31 August 2020
Annual return 31 August 2019
Accounts and TAR 31 August 2019
Annual return 31 August 2018
Accounts and TAR 31 August 2018

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.

MEMORANDUM AND ARTICLES OF ASSOCIATION INCORPORATED 15TH JULY 1976 AS AMENDED ON THE 12 DECEMBER 2002

Charitable objects

TO PROMOTE AND PROVIDE FOR THE ADVANCEMENT OF EDUCATION.

Area of benefit

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

NOT DEFINED