RUSKIN MILL LAND TRUST
Registered charity 1053705 · accounts filings on the Charity Commission register · also known as FREEMAN COLLEGE, GLASSHOUSE COLLEGE, RUSKIN MILL COLLEGE, RUSKIN MILL FURTHER EDUCATION CENTRE, RUSKIN MILL FURTHER EDUCATION COURSE, THE RUSKIN MILL EDUCATIONAL TRUST · listed website unreachable when last crawled
Financial health, per its FY2024 accounts
The accounts state that the charity recorded a surplus of £2,022,681 for the year ended 31 August 2024, with total unrestricted funds carried forward standing at £18,628,571. The charity holds significant tangible fixed assets valued at £27,217,927 (group) and maintains a net debt position, with liabilities secured against properties representing 46% of the value of freehold properties. The trustees report that adequate liquid assets exist to meet all liabilities as they fall due.
What the accounts disclose
Reserves policy: adequate liquid assets exist to meet all the liabilities of the charity as they fall due (held: £18.6m)
“It is the policy of the Trustee to use surpluses generated by the activities of the charity to both repay loans secured against its land and buildings, and to invest in their improvement. The Trustee undertakes an annual review of the current and anticipated income and expenditure levels with the purpose of ensuring that adequate liquid assets exist to meet all the liabilities of the charity as they fall due.” — page 10
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Sales of services to Brantwood Specialist School amounted to £211,644.
“Corresponding figures for Brantwood Specialist School were £211,644 (2023 - £192,404)”
“Sunfield Childrens Homes Limited £360,000 (2023 - £nil)”
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Sales of services to Sunfield Childrens Homes Limited amounted to £360,000.
“Corresponding figures for Brantwood Specialist School were £211,644 (2023 - £192,404)”
“Sunfield Childrens Homes Limited £360,000 (2023 - £nil)”
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Sales of services to Clervaux Trust Limited amounted to £108,561.
“Corresponding figures for Brantwood Specialist School were £211,644 (2023 - £192,404)”
“Sunfield Childrens Homes Limited £360,000 (2023 - £nil)”
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Sales of services to Transform Residential Limited amounted to £18,380.
“Corresponding figures for Brantwood Specialist School were £211,644 (2023 - £192,404)”
“Sunfield Childrens Homes Limited £360,000 (2023 - £nil)”
Per its FY2024 accounts as filed with the Charity Commission.
Trading subsidiary: The Ruskin Glass Centre Limited, Academy of Makers Limited
“The Ruskin Glass Centre Limited deals with the commercial letting of units comprising part of the Glasshouse College site in Stourbridge. The Academy of Makers Limited deals with the commercial letting of units at the Butcher Works site comprising part of Freeman College in Sheffield.”
Per its FY2024 accounts as filed with the Charity Commission.
Accounts audited by Bronsens.
Year-over-year changes
- Employees paid over £60,000: 1 (FY2023) → 0 (FY2024).
Comparing this charity’s FY2023 and FY2024 accounts as analysed by this site.
Structured financials (annual return, FY ending 31/08/2025)
Cost of raising funds
£895k
Reserves (reported)
£22.7m
Reported reserves equal ~46.2 months of spending — in the top quarter for charities its size (median 4.8 months; benchmarks).
Register events
- Received assets from another charity (18/05/2026) — per the register’s event history; asset transfers typically record mergers or reorganisations.
Trustees
- RUSKIN MILL LAND TRUST LIMITED
Trustee list from the Charity Commission register (current, not historical).
Operates in: Birmingham City · Darlington · Dudley · Gloucestershire · North Yorkshire · Pembrokeshire · Sheffield City
Income and spending
Common questions
Is RUSKIN MILL LAND TRUST financially healthy?
The accounts state that the charity recorded a surplus of £2,022,681 for the year ended 31 August 2024, with total unrestricted funds carried forward standing at £18,628,571. The charity holds significant tangible fixed assets valued at £27,217,927 (group) and maintains a net debt position, with liabilities secured against properties representing 46% of the value of freehold properties. The trustees report that adequate liquid assets exist to meet all liabilities as they fall due. Its FY2024 accounts were audited by Bronsens.
Who funds RUSKIN MILL LAND TRUST?
Funders whose own accounts filings name RUSKIN MILL LAND TRUST as a grant recipient include Army Benevolent Fund.
Known funders
Grants to this charity found in funders’ own accounts filings.
Government & lottery funding
Grants to this charity published as open data by government and lottery funders (360Giving).
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.
Charities like this
Semantically similar by activities and financial character, from our analysed corpus. Compare with R S CHARITABLE TRUST.