Finance Score: -2

Governance Score: -4

Support Score: 0

Multiple Deficits: -2
No PartB

No conflicts policy: -1
All male board: -3

No supporters identified

Overall GiG Score: -6

THE MAGNUS EDUCATIONAL FOUNDATION

To provide for the Magnus C of E School such benefits not normally provided by the local education authority.Promoting musical education of pupils attending the school and of young choristers of the Parish church.Promoting the education of such pupils and former pupils under the age of 25 in need of financial assistance

Analysis by Giving is Great

Regulatory & Governance issues to consider:

This charity does not have a Conflict of Interests policy
The Board is completely male

Financial issues to consider:

A PartB annual return has not been required and so detailed financial information is not available from the online data
On several occasions in recent years income has been less than spending

Financial Data ?

Income & Spending ?

Sources of Income ?

Y/E		Income £k	Spending £k	Surplus/ Deficit	Fundraising Cost £k	Total Funds £k	Unrestricted Funds £k	Mths Rsrvs	Staff	Volun- teers
05/04/23		£229	£294	£-65	n/a	n/a	n/a	n/a	n/a	0
05/04/22		£232	£238	£-6	n/a	n/a	n/a	n/a	n/a	14
05/04/21		£227	£241	£-14	n/a	n/a	n/a	n/a	n/a	0
05/04/20		£230	£257	£-27	n/a	n/a	n/a	n/a	n/a	0
05/04/19		£218	£238	£-20	n/a	n/a	n/a	n/a	n/a	0
05/04/18		£209	£240	£-31	£0	£0	£0	n/a	0	0
05/04/17		£182	£213	£-32	£0	£0	£0	n/a	0	0
05/04/16		£224	£270	£-46	£0	£0	£0	n/a	0	0
05/04/15		£220	£194	£26	£0	£0	£0	n/a	0	0
05/04/14		£181	£193	£-12	£0	£0	£0	n/a	0	0
05/04/13		£180	£193	£-13	£0	£0	£0	n/a	0	0
05/04/12		£178	£139	£39	£0	£0	£0	n/a	0	0
05/04/11		£152	£118	£34	£0	£0	£0	n/a	0	0
05/04/10		£133	£160	£-27	£0	£0	£0	n/a	0	0
05/04/09		£146	£167	£-21	£0	£0	£0	n/a	0	0
05/04/08		£164	£163	£1	£0	£0	£0	n/a	0	0
05/04/07		£170	£125	£44	£0	£0	£0	n/a	0	0
05/04/06	*	£170	£144	£26	£0	£0	£0	n/a	0	0
05/04/05		£170	£130	£40	£0	£0	£0	n/a	0	0
05/04/04		£161	£173	£-12	£0	£0	£0	n/a	0	0

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Highest pay bracket: less than £60,000

Established: 61 years

AMY.ALLISON@KNIGHTSPLC.COM

01522508795

Charity Commission for England and Wales

Listed activities

Education/Training
Religious Activities
The Advancement Of Health Or Saving Of Lives
The Prevention Or Relief Of Poverty

GiG Classification

Education support services

How it operates

Makes Grants to Individuals
Makes Grants to Organisations
Provides buildings/facilities/open space

Where it operates

Nottinghamshire,

Who it helps

Children/Young People

Who's supporting them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (11)

Gender Split

Based on 9/11 persons

CLLR SAM SMITH Appointed: 2021

CLLR CHRIS LION Appointed: 2021, Other trusteeship: THE MAGNUS CHARITY,

ANDREW JONATHAN FEARN (Chair) Appointed: 2018, Other trusteeships: THE MAGNUS CHARITY, THE NEWARK AREA ARTS AND LEISURE FOUNDATION, THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF NEWARK ON TRENT ST MARY MAGDALENE WITH ST LEONARD, NEWARK CRUSADER CIO,

DAVID MOORE Appointed: 2023, Other trusteeship: LILLEY AND STONE SCHOOL CHARITY,

GRAHAM CARTLEDGE, Other trusteeship: THE MAGNUS CHARITY,

JAMES DERRY, Other trusteeship: THE MAGNUS CHARITY,

JAMES HOWLETT, Other trusteeships: THE MAGNUS CHARITY, NEWARK EMMAUS TRUST,

MICHAEL DAY BEAUMONT CBE, Other trusteeships: THE MAGNUS CHARITY, THE NEWARK AREA ARTS AND LEISURE FOUNDATION,

MICHAEL FURNESS KC, Other trusteeship: THE MAGNUS CHARITY,

NIGEL WILD Appointed: 2021, Other trusteeship: THE MAGNUS CHARITY,

RICHARD WATKINSON, Other trusteeship: THE MAGNUS CHARITY,

Legal constitution

Charity registered in England & Wales on 26/03/1963, number: 528253

Gift Aid

NOT registered with HMRC for Gift Aid

Policies in force

There are no Policies registered with the Charities Commission

Filing Record

20 returns made; AR06: 10 days late,

Main office

Knights
Olympic House
995 Doddington Road
LINCOLN
LN6 3SE

Objectives

(A) IN PROVIDING FOR THE SCHOOL SUCH SPECIAL BENEFITS OF ANY KIND NOT NORMALLY PROVIDED BY THE LOCAL EDUCATION AUTHORITY AS MAY FROM TIME TO TIME BE AGREED BETWEEN THE SCHOOL GOVERNORS AND THE TRUSTEES. (B) IN PROMOTING THE MUSICAL EDUCATION OF PUPILS ATTENDING THE SCHOOL AND OF YOUNG CHORISTERS OF THE SAID PARISH CHURCH BY PAYMENT TO THE SAID ORGANIST AND CHOIRMASTER TO PROVIDE SUCH EDUCATION AND IN SUCH OTHER WAYS AS THE TRUSTEES THINK FIT.

Defined Area of Benefit:

NOT DEFINED

Data Sources