THE CITY OF LONDON SCHOOL CHARITABLE TRUST
To carry out charitable activites as determined by the trustees
Objects
TO OR TOWARDS OR FOR THE BENEFIT OF SUCH ONE OR MORE CHARITABLE OBJECTS OR CHARITABLE PURPOSE AND/OR CHARITABLE INSTITUTIONS AT SUCH TIME OR TIMES IN SUCH MANNER AND IN SUCH PROPORTIONS AS THE TRUSTEES SHALL FROM TIME TO TIME IN THEIR DISCRETION DETERMINE.
Financial health, per its FY2025 accounts
The accounts state that the charity is prepared on a going concern basis with adequate funding sources. However, the audit report highlights ongoing internal control weaknesses, including the lack of budgeting and cashflow forecasts, and issues with reconciling donation income and endowment funds. The auditors identified several material misstatements and related party disclosure failures that required adjustment.
What the accounts disclose
“Whilst completing our going concern work it has come to our attention that the Charity does not produce budgets or cashflows.”
“During our audit we noted that donations from Trustees had not been declared. These are related party transactions and are material to the financial statements and must be disclosed.” — page 51
“Whilst completing our going concern work it has come to our attention that the Charity does not produce budgets or cashflows.”
“During our audit we noted that donations from Trustees had not been declared. These are related party transactions and are material to the financial statements and must be disclosed.” — page 51
“Whilst completing our going concern work it has come to our attention that the Charity does not produce budgets or cashflows.”
“During our audit we noted that donations from Trustees had not been declared. These are related party transactions and are material to the financial statements and must be disclosed.” — page 51
“Whilst completing our going concern work it has come to our attention that the Charity does not produce budgets or cashflows.”
“During our audit we noted that donations from Trustees had not been declared. These are related party transactions and are material to the financial statements and must be disclosed.” — page 51
“Whilst completing our going concern work it has come to our attention that the Charity does not produce budgets or cashflows.”
“During our audit we noted that donations from Trustees had not been declared. These are related party transactions and are material to the financial statements and must be disclosed.” — page 51
Policies the charity declares
- Bullying and harassment policy and procedures
- Campaigns and political activity policy and procedures
- Complaints policy and procedures
- Conflicting interests
- Engaging external speakers at charity events policy and procedures
- 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
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 31/08/2025
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 31/08/2024
- Volunteers: 5
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 31/08/2023
- Grant-making is its main activity
Annual return filing dates (Charity Commission record)
Of its last 5 annual returns with a recorded received date, 1 was received after the due date: year ending 31/08/2021 (received 04/08/2022, 35 days after the 30/06/2022 due date).
Structured financials (annual return, FY ending 31/08/2025)
Register events
- Received assets from another charity (11/03/2026)
- Received assets from another charity (13/12/2024)
Trustees
- Joshua Carl Bellchair
- Aedamar Comiskey
- Alan Robert Bird
- James Thomson
- Martin Israel
- Peter Earl
- Priscilla Sellers
- Russell Jones
- Susan Elena Heller
- Timothy Levene
- Woyinemumoutimi Dorgu
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £3.4m | £950k |
| 31/08/2024 | £1.8m | £547k |
| 31/08/2023 | £1.3m | £287k |
| 31/08/2022 | £909k | £31k |
| 31/08/2021 | £731k | £113k |
Common questions
Is THE CITY OF LONDON SCHOOL CHARITABLE TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity is prepared on a going concern basis with adequate funding sources. However, the audit report highlights ongoing internal control weaknesses, including the lack of budgeting and cashflow forecasts, and issues with reconciling donation income and endowment funds. The auditors identified several material misstatements and related party disclosure failures that required adjustment. Its FY2025 accounts were audited by TC Group.
Who funds THE CITY OF LONDON SCHOOL CHARITABLE TRUST?
Funders whose own accounts filings name THE CITY OF LONDON SCHOOL CHARITABLE TRUST as a grant recipient include PRISM THE GIFT FUND, THE M AND L CHARITABLE TRUST.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| PRISM THE GIFT FUND | FY2024 | £1.3m | Education |
| PRISM THE GIFT FUND | FY2021 | £270k | Grants to institutions/organisations |
| THE M AND L CHARITABLE TRUST | FY2023 | £18k | |
| THE M AND L CHARITABLE TRUST | FY2022 | £18k | |
| THE M AND L CHARITABLE TRUST | FY2024 | £12k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| UK CHRISTIAN SCHOOLS LTD | 1 | £95k |
| BELMONT EXETER | 1 | £25k |
| THE ABDALLA FOUNDATION | 1 | £9k |
Charities like this
- OAKHYRST GRANGE SCHOOL CIO
- LONDON CHRISTIAN SCHOOL LTD
- LONDON EDUCATION TRUST
- ROYAL HOSPITAL SCHOOL CHARITABLE TRUST
- THE EXETER ICE CHARITABLE TRUST
- THE WESTMINSTER CITY SCHOOL GENERAL CHARITABLE TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE CITY OF LONDON SCHOOL CHARITABLE TRUST | £3.4m | — | 0 | unclear | — | no doubt |
| OAKHYRST GRANGE SCHOOL CIO | £1.8m | — | 0 | unclear | — | no doubt |
| LONDON CHRISTIAN SCHOOL LTD | £1.6m | — | — | unclear | — | no doubt |
| LONDON EDUCATION TRUST | £231k | — | 0 | unclear | — | no doubt |
| ROYAL HOSPITAL SCHOOL CHARITABLE TRUST | £202k | — | 0 | within | — | no doubt |
| THE EXETER ICE CHARITABLE TRUST | £77k | — | 0 | above | — | no doubt |