THE GRAMMAR SCHOOL AT LEEDS
Financial health, per its FY2025 accounts
The accounts state that the charity generated a net income of £1,434k, driven primarily by cost savings that partially offset a decrease in fee income due to VAT application. Unrestricted reserves stood at £22,779k, with the trustees focusing their reserves policy on maintaining sufficient liquidity to meet working capital needs and lender requirements.
What the accounts disclose
“The Governors have determined that the reserves policy should focus on the School's liquidity position, ensuring that the School maintains sufficient liquid assets to meet working capital needs as well as the financial requirements of lenders.” — page 14
“The Valuation Report shows notional assets of £222.2bn and liabilities of £262bn, resulting in a scheme deficit of £39.8bn.”
“The charity has two wholly owned non-charitable trading subsidiaries, GSAL Enterprises Limited and GSAL Transport Limited whose annual profits are donated to the charity.” — page 7
Structured financials (annual return, FY ending 31/08/2025)
Register events
- Received assets from another charity (25/04/2023)
- Received assets from another charity (24/06/2014)
Trustees
- CHARLENE LYONSchair
- Anthony John Walsh
- Beverley Ashby
- Claire Vilarrubi
- Dr Almas Khan
- Joanne Semple
- Mark Richard Curle
- PAUL SIMPSON
- Peter Ahye
- Philip Britton
- Professor Jasjit Singh
- Robert Howse
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £32.8m | £31.3m |
| 31/08/2024 | £33.7m | £32.5m |
| 31/08/2023 | £31.9m | £30.2m |
| 31/08/2022 | £30.6m | £29.8m |
| 31/08/2021 | £28.3m | £27.9m |
Common questions
Is THE GRAMMAR SCHOOL AT LEEDS financially healthy?
The accounts state that the charity generated a net income of £1,434k, driven primarily by cost savings that partially offset a decrease in fee income due to VAT application. Unrestricted reserves stood at £22,779k, with the trustees focusing their reserves policy on maintaining sufficient liquidity to meet working capital needs and lender requirements. Its FY2025 accounts were audited by Saffery LLP.
Who funds THE GRAMMAR SCHOOL AT LEEDS?
Funders whose own accounts filings name THE GRAMMAR SCHOOL AT LEEDS as a grant recipient include THE BARTLETT FOUNDATION, The Keith Howard Foundation, THE CHARIS TRUST.
Known funders
| Funder | Year | Amount |
|---|---|---|
| THE BARTLETT FOUNDATION | FY2022 | £31k |
| The Keith Howard Foundation | FY2022 | £20k |
| The Keith Howard Foundation | FY2021 | £10k |
| THE CHARIS TRUST | FY2024 | £213 |
| THE CHARIS TRUST | FY2023 | £213 |
| THE BARTLETT FOUNDATION | FY2024 | £0 |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| STRATFORD-UPON-AVON TOWN TRUST | 1 | £6.6m |
| Leeds Jewish Educational Centre (aka) Leeds Kollel | 1 | £91k |