THE CITY OF LONDON SCHOOL CHARITABLE TRUST

Registered charity 1020824 · accounts filings on the Charity Commission register

To carry out charitable activites as determined by the trustees

Causes: General Charitable Purposes · Grant history (this charity is a funder) · website · Get email alerts

Latest income

£3.4m

Latest spending

£950k

Registered

1993

Accounts read

FY2025

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.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Governance: The charity does not produce budgets or cashflows.

“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

Per its FY2025 accounts as filed with the Charity Commission.

Governance: Donations from Trustees had not been declared (resolved).

“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

Per its FY2025 accounts as filed with the Charity Commission.

Governance: Endowment fund not invested separately.

“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

Per its FY2025 accounts as filed with the Charity Commission.

Governance: Bank account transactions for CLSBT not provided/reconciled.

“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

Per its FY2025 accounts as filed with the Charity Commission.

Governance: Charity expenditure paid from school bank.

“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

Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by TC Group. Discloses 4 of 6 completeness components.

Public fundraising profile: JustGiving — City of London School Charitable Trust (matched by registered charity number).

Structured financials (annual return, FY ending 31/08/2025)

Total income

£3.4m

Total spending

£950k

Cost of raising funds

£416

Reserves (reported)

£9.1m

Employees

0

Reported reserves equal ~115.1 months of spending — in the top quarter for charities its size (median 4.8 months; benchmarks).

Per its annual return, cost of raising funds: 0.0% of total income — below the median for charities its size (5.2%) (benchmarks).

Register events

Received assets from another charity (11/03/2026) — per the register’s event history; asset transfers typically record mergers or reorganisations.
Received assets from another charity (13/12/2024) — per the register’s event history; asset transfers typically record mergers or reorganisations.

Trustees · trustee networks

Joshua Carl Bellchair
Aedamar Comiskey
Alan Robert Bird
James Thomson
Martin Israel · trustee of 2 other charities
Peter Earl
Priscilla Sellers
Russell Jones
Susan Elena Heller
Timothy Levene
Woyinemumoutimi Dorgu

Trustee list from the Charity Commission register (current, not historical).

Operates in: Throughout London

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

Grants to this charity found in funders’ own accounts filings.

Funder	Year	Amount	Purpose (as stated by the funder)
PRISM THE GIFT FUND	FY2024	£1.3m	Education
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

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

Funder	Similar charities funded	Amount to them
CMZ LTD	1	£351k
THREE PILLARS TRUST	1	£343k
YAD SHLOMO TRUST	1	£223k
THE ABC TRUST	1	£197k
NNS FOUNDATION	1	£193k
THE MELOW CHARITABLE TRUST	1	£149k
THE HEADLEY TRUST	1	£119k
CANNON CHARITABLE TRUST	1	£115k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with OAKHYRST GRANGE SCHOOL CIO.

OAKHYRST GRANGE SCHOOL CIO income £1.8m
KEREN CHOCHMAS SHLOMA TRUST income £1.9m
THE AMERICAN SCHOOL IN LONDON FOUNDATION (UK) LIMITED income £1.7m
THE CHARTERED INSTITUTE OF MANAGEMENT ACCOUNTANTS' GENERAL CHARITABLE TRUST FUND income £117k
ATTEND income £772k
CREATE SPACE LONDON income £132k

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 FY2025	£1.8m	—	0	unclear	—	no doubt
KEREN CHOCHMAS SHLOMA TRUST FY2021	£1.9m	—	0	unclear	—	no doubt
THE AMERICAN SCHOOL IN LONDON FOUNDATION (UK) LIMITED FY2025	£1.7m	—	0	unclear	—	no doubt
THE CHARTERED INSTITUTE OF MANAGEMENT ACCOUNTANTS' GENERAL CHARITABLE TRUST FUND FY2025	£117k	—	0	unclear	—	no doubt
ATTEND FY2025	£772k	—	—	unclear	—	material uncertainty

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.