MOULTON HARROX EDUCATIONAL FOUNDATION
ANNUAL REPORT
FOR THE YEAR ENDED 31st MARCH 2025
The Moulton Harrox Educaiional Foundation is regisiered with the Charity Commission under
number 527635 and is constituied by the Charity Commissioners Scheme of the 30 March
1989 for the regulation and management of the Moulion Harrox Educational Foundation.
The Charity is administered by a board of Trustees. The Trustees serving the charity for the
year ended 31, March 2025 were as follows:
Mr R Oldershaw
Mr T H Charlton
Mr R W Lewls
Mr R Buck
Mr A Casson
Mr B Merchant
Mr G Coop¢T
Mr R Gibson
Mrs S Palethorpe
Mrs R Barlow
All rents were successfully collecied in the current year.
The Trustees regularly consider the inv¢sthients of the chariiy and continue lo believe the
investment in agricultural land and renlal houses provides the correct balance between income
and capital groHrth for the charity.
The charity distributed its income in two manners:
The first was to award specific grants to grant aided schools in the Spalding area. Schools were
invited to apply for grdnis by way of an application fonn to provide details as io iheir intended
use of the grant and to esthblish other factors such &s the percentage of pupils qualifying for

pupil premium to establish greatest need. Applications were considered by ihe Truslees and
distribution made in accordance with the need ofeach individual school. The Trustees sel aside
a portion of income lo make the awards- amounting io £i8:000 for the year needed 31, March
2025 which was then split between the different applicani schools in accordance with assessed
need.
The second was by seeking applicants for a bursary from sixth forn] students applying for
university education. A bursary was offered to an individual to help fund education for the full
3 years of their degree. Applicants were invited to apply through their respective schools /
sixih forn] colleges by way of applicalion lorm and then stud¢nls were selected for interview
by the bursary committee. In ihe currenl year one full bursary of£3000 w year of sludy was
awarded and 3 smaller bursaries of £1.500 were awarded. The Truslees paid £19,500 in
bursaries ihe year ended 31, March 2025
which included payments to previous awardees
as bursaries are awarded for each year of study.
The Trustees continue to liaise with local schools and Sixth Forni colleges to identify cases of
need and to change the applicalion FK)lices in respeci of the both schools and individuals to
ensure the Charity income is appropriately awarded.
Signed By
o the Charity
27/01126

Moulion Harrox Educaiional Ttusi
Unaudiied Financial Siatements for ihe Year Ended 31 March 2025
SaI%￿V and Wright
32 The Cre5ceni
Spaldin"
Lincoln5hir¢
PEII IAF

Financial Stat¢meTris
for the Year Ended 31 Imarch 2025
Acco￿nIan(S, Re rt EO
Moulton Harrox Ed
caiional T st
In 2ccordanee with instructions (piven io us have prepar￿ M'iihoui ¢aTrvino otji an audit lh¢ annexed financial
staiements from the accountino records of Moulion Harrox Educational Trusl and from infoTmaiion and explanaiions
supplied to us.
Salivay and Wright
i2 The Crescent
5palding
Lincolnshire
PEI I IAF
Date..
Lo3r
Page 2

Moulton Harrox Educational Trusi
Deiailed Profil and Loss AccO￿nI
for the Year Ended 31 imarch 2025
Ineomt
Bank interest
Renis
Wayleave
Pipeline survey fee
Ardeni innovaiion
35
67.641
35
66.695
105
750
500
68.926
66.835
Expenditure
Refund of disbursements
Insurance
Granis 10 individuals
Granrs 10 schools
Clerks salary
Siationery, post and telephone
Accouniants fee5
R¢pairs
Repayment of capiial
Drainase rdres
Letting fees and rates
1.80)
1.127
19.500
i8,000
2.000
175
534
72
839
509
2.377
866
17,252
38,500
2,000
175
520
1.208
8i9
471
2.018
66.936
63,849
NET PROFIT
1.990
2,986
Page 3

Moulton Harrox Educational Tn￿{
Ba
ance Sheet
l March 2025
31.i.25
i l.i.24
FIXED ASSETS
Land and property
455.289
455,289
CURRENT ASSETS
Bank account
Instant access aceouni
Maples client account
168.427
167.896
3.2iO
4,i89
6.152
177.844
175.515
CURRFNT LIABILITIES
Trade creditors
Cash retaincd for repa)qneni
of capiial
11,137
11,637
27.676
26.837
38,813
38,474
139.031
137,041
NET ASSETS
594,320
592,330
FINANCED BY
CAPITAL ACCOUNT
Broughi foTh%'ard
Add
N¢1 Profit
592.iio
589.344
1.990
2,986
594,320
592.330
594.j?O
592,i)O
Page 4